Nobody wants their divorce to be in the public eye, and often times divorces in the affluent class are kept from the public as much as possible. Sometimes however a particular divorce case ends up in the public eye and there’s a lot of practical advice we can learn from that. This is why lawyers and financial planners should pay attention and learn any lessons that these public divorces can teach us.
Read the full article from the New York Times entitled “From a Prominent Divorce in the Affluent Class, Lessons for All“.
The article covers some of the financial lessons learned from the prominent divorce of Rupert and Wendi Murdoch, such as how prenuptial agreements hold up in the courts and what happens to a business in the marriage.