Cassidy and wife Lower Price of home in Anticipation of Divorce
On behalf of The Law Offices of Cindy D. Sackrin posted in Divorce on Wednesday, April 9, 2014.
Preparing in advance for property division and other divorce legal issues may help the divorce process proceed more smoothly.
David Cassidy and his soon-to-be ex-wife recently significantly lowered the price of their Florida mansion in order to sell it, in anticipation of the couple's upcoming divorce. Cassidy's wife recently filed for divorce after Cassidy was arrested for driving under the influence of alcohol for the third time. The couple is divorcing after 23 years of marriage. Cassidy, a former teen star and singer for the Partridge family, is believed to be in rehab.
While high-asset divorces can present unique challenges and circumstances, there are common issues that arise in most divorces. As with most any divorce, divorce legal issues that must be resolved can include property division, as well as alimony concerns. While property division may sometimes require selling property, such as a family home, that may not always be the case. In Florida, property is divided between a divorcing couple based on equitable distribution. This means that property will be divided as fairly as possible between the divorcing couple.
Each divorce legal issue, including property division and spousal support, can be resolved between the parties or can be determined by the court. Couples can save both time and money by resolving divorce legal issues through a cooperative, rather than adversarial, process. At times it may seem impossible for a divorcing couple to manage emotions at the end of a marriage to resolve important divorce legal issues.
Because of this, trained guidance through the family law system can help parties to a high asset, or any, divorce remain focused on resolving divorce legal issues for the good of all parties involved. A trained family law attorney can help a party understand what to expect from the process which may prove useful when negotiating it.
Source: Mail Online, "David Cassidy sells sumptuous Florida home for a knockdown $3.9 million as he and wife prepare for divorce," April 4, 2014