If spouses have decided to call it quits, their long-term financial stability may not be the first thing on one's mind. However, experts advise that avoiding the following mistakes during divorce can help protect one's money and ensure that the post-divorce life starts off on the right foot.
Earlier this month, Amazon CEO, Jeff Bezos, and wife MacKenzie, announced their intent to divorce. Bezos is known as the world's wealthiest man, with an estimated worth of $136 billion. However, Bezos and his wife reportedly did not have a prenuptial agreement, and may not have a postnuptial agreement either. Without these agreements in place, a high-asset divorce like theirs could get complicated as state laws often come into play.
When you see a couple that remains married even when approaching retirement age, do you assume they'll stay married for the rest of their lives? They appear to be exactly what people mean when they say, "Til death do us part."
Actor Forest Whitaker has enjoyed a long and successful career. His many pursuits in film and on television have brought joy and intrigue to the lives of Washington residents for decades. However, Whitaker has been in the news recently for something unrelated to his acting career: he recently decided to file for divorce from his wife.