What Kim Kardashian, Brad Pitt, and Cheryl Burke Can Teach Us about Dividing Unconventional Assets throughout a Divorce
When it comes time to divvy up assets in divorce, many couples focus on the major markers of their shared wealth like real estate, business interests, savings, and personal property. But plenty of other valuable belongings accumulate during a marriage and have to be accounted for. From our extensive experience advising high-net-worth and celebrity couples in divorce and marital agreements (pre-nuptial and post-nuptial), we can honestly say that all relationships can benefit from carefully cataloging assets in the marital estate, especially those that are held in unconventional ways. Recent publicity around certain celebrity divorces has shed some light on how to approach an equitable (or at least agreed-upon) division of the assets that aren’t necessarily top of mind, offering an instructive roadmap that all couples can benefit from.
Here are some unconventional assets that may need to be accounted for in a divorce.
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“What Kim Kardashian, Brad Pitt, and Cheryl Burke Can Teach Us about Dividing Unconventional Assets throughout a Divorce,” by Marilyn Chinitz and Morgan Fraser Mouchette was published in Forbes on March 22, 2023. Reprinted with permission.