THE Amicable Divorce Expert with Judith Weigle
Society & Culture:Relationships
KATIE MALONEY & TOM SCHWARTZ – Vanderpump Rules stars
KELLY CLARKSON & BRANDON BLACKSTOCK
One of the hardest assets to deal with is the house. And when you’re a celebrity, you probably have an expensive home and maybe several of them. Our two celebrity divorces are Kelly Clarkson, winner of American Idol, singer, and talk show host, and her music manger former husband (divorce final in September of last year) Brandon Blackstock; and Katie Maloney & Tom Schwartz of Vanderpump Rules, Sur Restaurant and Tom Tom nightlife spot.
Real estate was part of their divorce and our topic for today.
Real estate is expensive, most times the most valuable asset people have, and the hardest asset to move forward, in many cases, by the time the divorce can be final. It’s emotional and financial. Emotions drive the initial decision. Then logic sets in. Or not. It just gets crazier, more complicated and back to emotional.
Let’s look at Katie Maloney and Tom Schwartz first. They had a very amicable split and mutual decision on selling the house. Katie was quoted in US Weekly saying that the decision was, in fact emotional at first, but then she went through the numbers to see if it was financially feasible for her to keep the house, and that logic became her determining factor to sell the house. It was too much of a financial burden for her to keep it and pay for everything herself, even with her cast member fee with Bravo for the reality show Vanderpump Rules.
Now let’s look at a more complicated situation, Kelly Clarkson and Brandon Blackstock. Many celebrities invest in real estate. It’s safer and more lucrative than stocks, typically. It’s also a tangible asset, which means that failing a flood, hurricane or fire, you always know how the asset is doing, and the volatility in the real estate market is far less than the volatility in stocks. There was a pre-nuptial agreement, and this one piece of property, a ranch in Montana, was solely Kelly’s in the pre-nup. But Brandon, as so many spouses do at the time of divorce, wanted to contest the pre-nup as far as the community property status of the Montana Ranch was concerned. No contest; it went to Kelly.
Here’s what happens with most divorces when the house is the largest asset and some complicated situations arise:
#realestate #dividingthehouse #buyout #TitleTransfer #equity #realestateadvice #realestatemediation #loanrefinance #communityproperty #equitabledivisionofassets #divorcesettlement #nesting #mediation #amicabledivorce #appraisingthehouse
Exit Interview with Nicole and Richard Wesley
Paul A. Samakow, Divorced former Divorce Attorney and Personal Injury Attorney Extraordinaire
Men's Divorce Coach, Noam Raucher
How To Ruin (and Fix) a Good Mediation
Custody Rights and Non-Biological Parents w/Attorney Matthew Smurda
Courage and Divorce
The Divorce Tango with Author Cheryl Duffy
Mindfulness with Joana Pancada, Psychotherapist
Judy Graybill, Stepfamily Coach
Terrie Vanover, Divorce Strategist
Divorce Relationships in the News
Interview with Polly Bloom, Divorce Coach
Forgiveness and Freedom
Exit Interview w/Samantha Whelan
Sex and Sexual Awareness in Relationships with Dr. Jane Guyn
Mindfulness with Attorney and Mediator Armine Baltazar
The Divorce Diet with Jenn Trepeck
Infidelity, Part II with Dr. Talal Alsaleem
Infidelity, Part I with Dr. Talal Alsaleem, PsyD, LMFT
The 5 Mistakes People Make When Hiring an Attorney with Matthew Smurda, Esq.
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