Money behind prolonged proceedings in Kutcher-Moore divorce

Some divorce cases can last quite a long time. Many obstacles can cause a delay in a couple's divorce proceedings, from custody arrangements to asset division. In the case of the Demi Moore and Ashton Kutcher divorce, the major obstacle to achieving a divorce appears to be determining a fair division of the couple's marital assets. For New York City residents, the problem should be of special interest as it demonstrates the problems that can commonly occur in any high asset divorce.

The split between the actors was announced about a year ago, yet neither party has officially filed for divorce. The New York Post has reported that the delay is due to financial reasons. Kutcher was the highest-paid actor in television in 2011, earning about $24 million for his performances. According to the Post report, he is reluctant to part ways with a substantial portion of his assets.

Negotiations over the final disposition of the marital assets from the Kutcher-Moore union are ongoing between the couple's lawyers. These negotiations are reportedly being carried out in private to avoid having to reveal their financial records and marital issues in a public forum.

For residents of New York City, a private negotiated settlement is the best method to keep divorce details private. When both parties agree to the divorce settlement terms, a divorce can be concluded relatively quickly. But when the couple engages in a dispute that requires the court to adjudicate divorce issues, a divorce can last much longer. Depending on how far apart couples are in negotiations, they may have to resolve their issues in court.

Source: Huffington Post, "Demi Moore, Ashton Kutcher: Money Is Slowing Down Divorce Proceedings," Oct. 22, 2012

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