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High asset divorce for couple married 70 years

Divorce, wealth and affairs often are the backbone of stories for television or movies, but they are a reality for many couples. While scandals in a marriage can make a good plot line in Hollywood, it can result in stress, pain and heartache for real couples. New Jersey married couples may be interested in the high asset divorce of one couple in another state and the reason they are still in court finalizing their divorce.

Even though the couple had been married almost 70 years, the 89-year-old wife filed for divorce for numerous reasons. On the first day of their divorce trial, the judge granted the divorce as requested, but the couple's vast estate has required subsequent hearings to determine how to split their assets and wealth. Together the couple is worth almost $550 million, and they share three adult children.

According to court records, the wife has accused her 90-year-old husband of being in love with the family lawyer. After she filed for divorce, it was discovered that the family's longtime lawyer had been named the husband's power of attorney and his health care surrogate. This is has raised concerns with the estranged wife and children in regards to what part of the estate, if any, the lawyer may receive in the event of the man's death. Because the woman had been the attorney for the entire family over the last 20 years, a judge ruled that correspondence between the husband and lawyer could not remain confidential from the family members, and over 5,000 documents were submitted for review.

Any divorce is difficult, but a high asset divorce such as this one can be more complicated than normal. New Jersey couple's seeking a divorce often find the right lawyer to be an asset during a difficult process. As in this case, lawyers are often needed in hearings following the divorce finalization until property division can be achieved.

Source: mypalmbeachpost.com, "Lucille Handelsman wins right to see exchanges with "other woman"", Jane Musgrave, March 2, 2018

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