Some problems may seem to be solved by money, but for divorcing couples in Denver, substantial assets may in fact lead to lengthier legal battles. Celebrities, for example, often have millions of dollars at their disposal, but in a high-asset divorce this could lead to contentious litigation over child support and alimony.
Dayanara Torres, former wife of singer Marc Anthony, is requesting a $100,000 increase in the monthly child support payments she receives for their two children, aged 13 and 10. This would bring the total support she receives to about $1.3 million per year. Some experts believe that the singer will be forced to make higher payments to his ex-wife, although it is unclear whether they think he will have to pay the amount she is requesting.
Torres contends that Anthony made $60 million in the last few years; he claims that the number is $40 million. According to this report, the singer also has several properties that are estimated to be worth $32 million. The article asserts that Anthony spends over $400,000 every month, and while the singer has other children with fellow entertainer Jennifer Lopez, he does not pay any child support for them.
If you and your spouse have accrued substantial assets during your marriage and you are now considering a divorce, it may be a good idea to consult with an attorney as soon as possible. A lawyer can help you proactively collect any relevant financial documents—such as those related to business assets, retirement plans, property interests and 401(k) accounts—that may be necessary in court proceedings. This may help to speed up some aspects of otherwise lengthy property division negotiations.
Source: latinpost.com, “Marc Anthony Net Worth: ‘Vivir Mi Vida’ Star Continues Feud With Ex-Wife Dayanara Torres; Star Says He Doesn’t Give J-Lo Child Support,” Yara Simon, May 6, 2014.