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Eliot Spitzer and wife Silda announce divorce

| Jan 31, 2014 | High Asset Divorce |

Divorces in Lake County, IL are rarely ever uncomplicated manners, but in the case of those with a large number of assets, they can be extremely complex. Business valuations, stock options, retirement assets and other hidden assets are just a few of the things that need to be addressed in a high-end divorce.

Former New York Governor Eliot Spitzer and his wife, Silda, have announced their split in what can be considered a high-end divorce. Spitzer’s family’s real estate is estimated to be worth $1 billion; his own personal net worth is thought to be $50 million. Silda works as the head of an equity firm and shared an apartment with Spitzer in a building that is owned by her father. The couple have assets that are worth millions including a $4 million estate, $5 million in real estate rents and other trusts.

The couple had been married for 26 years and have three adult children together. They announced on Christmas Eve that their marriage was over and recently released a statement saying that all the issues of the divorce had been resolved and agreed upon.

If you have a large number of assets and are considering divorce, it can be absolutely vital that you seek out the help of a divorce attorney experienced in high-value assets divorce. Doing so may help you avoid a lot of heartache. A lawyer can work to ensure that your interests are protected and that things are divided equitably between you and your former spouse.

Source: New York Daily News, “Exclusive: Eliot Spitzer and longtime wife Silda Wall file divorce papers,” Barbara Ross, Brian Niemietz, Dareh Gregorian, Jan. 15, 2014