Spouses in Connecticut pursuing a high-asset divorce may be interested in former Governor of New York Eliot Spitzer's divorce, legal documents from which were recently obtained and reported by media sources. According to those documents, Spitzer's ex-wife will receive a lucrative financial package thanks to the couple's postnuptial agreement. The couple filed for divorce in January 2014.
Connecticut spouses amidst divorce proceedings may be concerned with the definition of premarital property. An Oklahoma District Court judge recently issued a statement on Feb. 13 that defined premarital assets during the divorce case of a billionaire. Oil tycoon Harold Hamm owns the controlling interest in Continental Resources, and he is involved in a divorce case with his wife. Investors have been waiting to hear how the court will divide the man's stock shares of Continental Resources.
The division of marital property can be complicated when there are liens involved. Liens can be placed when a spouse owes an unpaid debt such as taxes, child support or alimony that is not a part of the current marriage. In order for communal property to be sold, it is necessary that a lien be lifted or satisfied.
According to insiders, media titan Rupert Murdoch is finalizing the terms of his divorce from his wife of 14 years, Wendy Deng Murdoch. Connecticut residents may not have known that among their high-asset real estate holdings, the Murdochs own a vineyard and mansion in Bel Air worth $29 million, a penthouse apartment on Fifth Avenue purchased for $44 million from Laurance Rockefeller, and a Beverly Hills estate.