Privacy is important during a high-asset divorce in Connecticut, where the intricacies of financial matters often take center stage. Securing your personal information becomes necessary to navigate the proceedings smoothly. 1. Shield financial statements When dealing...
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High Asset Divorce
Who gets the vacation home in a divorce?
On Behalf of The Law Offices of James A. Cuddy, LLC | Dec 14, 2023 | Blog, High Asset Divorce
A unique challenge for high-asset couples going through a divorce can be the fate of the vacation home. The spot can be a reminder of cherished memories or a much-needed retreat from the stresses of work, meaning ownership has an emotional impact, as well as a...
The different options for dividing a business during divorce
On Behalf of The Law Offices of James A. Cuddy, LLC | May 26, 2020 | High Asset Divorce
The idea of dividing up a business during divorce can be a stressful one. Family law resources can help guide divorcing couples through these and other challenges during the divorce process, including providing help for divorcing couples who share a business....
Protecting a business during divorce
On Behalf of The Law Offices of James A. Cuddy, LLC | Jan 9, 2015 | High Asset Divorce
Business owners in Connecticut may be surprised about how filing for a divorce could potentially affect their company. While many may not expect that their marriage is heading into trouble, it may be best to take the necessary precautions beforehand to ensure that any...
Divorce and the 401(k)
On Behalf of The Law Offices of James A. Cuddy, LLC | Dec 29, 2014 | High Asset Divorce
A married individual's 401(k) is generally split between the spouses in the event of a divorce. As with all marital assets, the amount of the division is meant to be equitable and is based on a variety of factors including the length of the marriage, the contributions...
Property division during a divorce
On Behalf of The Law Offices of James A. Cuddy, LLC | Dec 1, 2014 | High Asset Divorce
Those in Connecticut who are contemplating a divorce may have an interest in learning more about the process. Though many people are aware that divorce can indeed be an emotional affair for all involved, some may fail to also consider the financial implications that a...
Legally ending a marriage in Connecticut
On Behalf of The Law Offices of James A. Cuddy, LLC | Nov 5, 2014 | High Asset Divorce
There are various ways of ending a marriage in Connecticut. One of the ways is a dissolution of marriage, a second way is a legal separation and a third way, which applies in very limited cases, is an annulment. In Connecticut, a divorce is legally termed a...
Ex-wife may get more than $4 billion in divorce
On Behalf of The Law Offices of James A. Cuddy, LLC | Aug 21, 2014 | High Asset Divorce
Connecticut investors may be interested to learn that the ex-wife of an oil magnate may score the largest divorce settlement in history. According to the report, the 68-year-old Oklahoma man was estimated to be worth $20.2 billion, with much of that wealth being...
Approaching divorce with a goal-oriented outlook
On Behalf of The Law Offices of James A. Cuddy, LLC | Aug 8, 2014 | High Asset Divorce
Some people in Connecticut facing the end of a marriage might feel that the person who walks away with the most money in the property settlement is the winner. This is a common approach to divorce but not often an ideal strategy for several reasons. Some couples own...
Frank McCourt victorious in divorce fee fight
On Behalf of The Law Offices of James A. Cuddy, LLC | Jul 1, 2014 | High Asset Divorce
Connecticut fans of the Los Angeles Dodgers may be familiar with Frank McCourt, the team's former owner. McCourt split from his wife of nearly 30 years, Jamie McCourt, in 2012. As part of their divorce settlement, Jamie was awarded $131 million, and she also was...
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