The emotional consequences of divorce are well-documented, as it can be one of the most stressful events in a person’s life. Divorces involving a large number of marital assets can be especially problematic, as the division can become the points of contention when things are otherwise going smoothly.
Marital assets are often defined as the properties, money and other possessions that could be claimed by either spouse. It generally excludes anything that one spouse could claim and another could not, like an individual inheritance or something that was long in possession of one spouse before the marriage.
The 32-year marriage of a pizza chain magnate is coming to an end after a separation period. The divorce seems to be free of much of the typical drama when dealing with a multimillion-dollar fortune, as the papers suggest the pair have already divided their marital assets in preparation for the divorce.
A condo listed at $6 million in Naples, Florida, is one of the properties involved in the proceeding. It is still not clear which of the spouses will receive it, or if it will be sold and the profits divided, which is not uncommon in high-asset divorce cases.
Spouses looking to clarify their expectations for property and assets in a divorce may call on the help of an attorney. Legal representation often eases the difficult process of divorce, as a lawyer can handle many of the filings required to finalize agreements and represent a client’s interests in court. No one should deal with the consequences of the end of a marriage without help.