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Property division, alimony and custody issues for celebs too

| May 30, 2013 | Property Division

For decades society has been drawn to the lifestyles of the rich and famous. From their high profile marriages to their legal troubles, celebrities have created gossip for countless Tennessee residents over the years. One frequent topic is divorce, with celebrities seeming to share the same divorce-related woes as many everyday Americans. Like the rest of society, celebrities will have to go through property division, child custody and alimony. One of the most recent former celeb couples to make headlines again is Ashton Kutcher and his ex-wife Demi Moore.

After just six years of marriage, the high profile actor and actress decided to call it quits, citing irreconcilable differences as the cause of divorce. Since filing for divorce in 2011, the pair has continued to run into roadblocks and has yet to settle on their divorce. The latest obstacle to their settlement is Moore’s demands for Kutcher to help pay for renovations to the actress’s $25 million apartment. The only issue is that the former “Ghost” actress makes “Moore” money than Kutcher.

In fact, Moore’s net worth is reportedly $10 million more than Kutcher’s $140 million net worth. Anytime there is a large disparity in income or assets, it is unlikely that the lesser-earning spouse will be required to pay spousal support. For many couples, spousal maintenance may be required upon a divorce. The point of the remedy is to fix any unfair economic situations between spouses; typically the spouse with less income receives maintenance.

Similar to property division, spousal maintenance depends on a variety of factors. Any Tennessee resident going through a divorce may find an attorney to be of use, as no two divorces are the same. In many cases, divorce can be unpredictable and may involve spousal maintenance as a component of the property division process.

Source: New York Daily News, “Demi Moore, Ashton Kutcher divorce stalled over money: Actress seeking spousal support for apartment renovation,” Chiderah Monde, May 16, 2013


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