“You want to get on with your life. You want to salvage something from the relationship.”
It is reported in the New York Times that because Brad and Angelina “have six homes around the world, assets in the tens of millions of dollars and hard-to-value royalty income for years to come, their split offers an opportunity to look at how wealthy couples manage their divorces.”
Lawyers across the country, including the most well-regarded matrimonial attorneys in Cincinnati, Ohio, agree that what is most important for clients, is to decide “what’s important…are they going to comport themselves with dignity? Do they want to co-parent their children? Is the concern with preserving your assets?”
“When you look at Brad and Angelina, that’s the easiest divorce in the world. You get every house appraised and you look at how much money there is. California is a 50-50 state, so you split it up.” Dividing assets can be simple compared with child care. Ohio is an “equitable division” state, meaning the starting point is to equally divide “marital” assets acquired during marriage and by either spouse’s labor and industry.
For many who chose litigation, there are delays of a month or two between court dates and the need to find the right strategy for their fact patterns can lead to expensive mistakes. These uncertainties lead many to choose Mediation or the Collaborative Law Process. “Ms. Katz reports the worst part of her divorce, which has been going on for nine months, is the delay between court dates.”
The Collaborative Divorce Process works well for complicated asset cases and provides more flexibility than the litigation process. It is also generally less expensive than going to court.