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Brangelina breakup shows importance of high asset divorce

A high profile divorce almost always means a complex dissolution. If a married coupe has children, this means divvy uptime a resources for their children while also ensuring that the best interests of the children are met.

According to TMZ, it was reported that one of the United States's most famous celebrity couples, Angelina Jolie and Brad Pitt, also known as Brangelina, are divorcing. The couple began their relationship on the set of "Mr. & Mrs. Smith" in 2005, engaging in 2012, and marring in August of 2014. The report claims that Jolie has filed and is seeking full custody of their six children.

As this is a developing story, no word has come out as to how they have handled the finances of the marriage. As both are immensely popular and successful Hollywood superstars, their assets are likely in the tens of millions. Due to the complexities and sheer enormity of their wealth, one can hope that they created a prenuptial agreement. A prenuptial agreement is an agreement established before a marriage, which outlines how all aspects of finances are allocated in the event of a divorce.

High couple profiles dealing with a high-net worth divorce may have to work through countless hurdles if there are disagreements on how the assets are to be allocated. All assets, including personal business assets, investments and property must be considered. Marital property or property obtained during the course of the marriage must also be determined.

With so much at stake and with the other spouse likely having a strong team on his or her side, it is wise to cover yourself and make certain that decisions are in your best interest. You may want to speak with a family lawyer who deals with high-net worth divorce to help protect yourself and obtain a favorable outcome.

Source: Huffington Post, "Angelina Jolie Reportedly Files For Divorce From Brad Pitt," By Carly Ledbetter, accessed on Sept. 20, 2016

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