Last year, the Dodgers owners made the news while they attempted to settle their divorce. In January of 2012, a Judge signed off on the settlement agreement that they reached last fall, that calls for Frank McCourt to pay his ex-wife $131 million dollars by the end of April of this year.
I haven’t done a lot of research on their marriage and the terms of the McCourt settlement, as their divorce took place in California, and is therefore under California law. I do not practice law in California, and do not know their divorce laws.
I do know, however, that high profile divorces demonstrate that you are not the only one going through a divorce. A divorce is a high stress time for all of those involved, as you attempt to split up the life you have known, and attempt to begin anew.
The division of property and debts can be extremely stressful for both parties involved. Montana divides property and debts according to “equitable distribution”- and you should discuss your particular questions regarding this division with your attorney.
It is important to keep in mind, that if you and your spouse cannot agree as to how to divide your things, you may get caught up in a divorce for several years (awaiting trial, and then awaiting a Judge’s decision). Being in limbo for that long can be stressful and exhausting. This is something to keep in mind in terms of potential settlement with your spouse when you are trying to reach an agreement to keep the matter out of court.
You can see part of the Dodgers Divorce story below:
http://espn.go.com/los-angeles/mlb/story/_/id/7481135/la-judge-signs-mccourt-divorce-agreement

