High net worth divorce continues to play out in media

As of this posting, many major media outlets continue to follow in great detail what seems to be a contentious divorce proceeding involving one of the America’s wealthiest couples. Ken and Anne Griffin are each financial fund managers, and each has an individual net worth in the billions of dollars. So it could be said that a high net worth plus high stakes equals high visibility.

Some of the disputed issues, according to reports, include Mrs. Griffin’s expenditures for couture clothing and private plane travel, and those expenditures coming out of Mr. Griffin’s assets, so to speak.

Here is an excellent opportunity to examine some aspects of high net worth divorce: obviously, while every divorce has its financial issues, high net worth divorce often can involve expenditures that may seem unusual to other people, but may very well be entirely in line with the couple’s established lifestyle.

While the parties themselves are frequently quoted regarding their alleged comments, there may in fact be a lot more going on behind the scenes, involving both parties’ attorneys, that does not make it into the news stories. There may be negotiations, motions in court, meetings, and other actions taking place in the divorce process that encompass the many details of actually resolving the case, rather than just “exposing” various details to the public.

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