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San Diego Family LawJames D. Scott, Certified Family Law Specialist in San Diego specializing in divorce mediation and high profile, high net worth divorces. McCourt Divorce Provides Example of Moving Numbers for Spousal Support
One of the most infamous recent California high asset divorce cases that has caught the public eye involves Frank and Jamie McCourt. This couple, depending on whom you ask, own the Los Angeles Dodgers baseball team and they've been locked into a bitter fight over their assets and other issues stemming from the case that was filed. However, this California high asset divorce case still has some similarities to most other cases, including the fact that there are times when spousal support orders will be asked to be adjusted based on economic circumstances.
Specifically, Frank McCourt was ordered by the court to Jamie McCourt $225,000 per month in spousal support and more than $400,000 per month to maintain their homes. Since that order was issued, Mr. McCourt has run into several problems regarding his ownership of the Los Angeles Dodgers to the point where Major League Baseball has taken over the day-to-day operations of the team. In addition, the Dodgers have since filed for bankruptcy protection in Delaware. Given all of these developments and the problems surrounding them, Mr. McCourt has asked the court for his support amount to be reduced given his lack of incoming cash and income. However, Jamie McCourt has countered by stating that Mr. McCourt has received almost $45 million since June of 2010 and should be able to maintain his current level of support. San Diego High Asset Divorce LawyersThis unfortunate California high asset divorce case should show anyone who is in this type of a position just how badly things can go if proper plans are not in place and if proper agreements are not in order should the marriage take a turn for the worse. Those who are of a high net worth should make sure that they are able to complete a divorce in as fair and efficient a manner as possible. If you are in this type of a situation, you need to seek the help of experienced San Diego high asset divorce lawyers who have been helping clients move through this difficult process for many years. Contact the law office of James D. Scott today to schedule a free initial consultation. |
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