Ordway Law Group, LLC
Ordway Law Group, LLC
Divorce & Family Law

Murdoch high net worth divorce may interest Georgia residents

| Nov 20, 2013 | Uncategorized |

A high net worth divorce can be a tricky situation to navigate, especially when a prenuptial agreement isn’t in place. Georgia residents may be following the divorce of Rupert Murdoch and Wendi Deng Murdoch as it has been covered in multiple media outlets. With Murdoch’s net worth estimated at $13 billion, this is definitely a high net worth divorce.

This is an ongoing case that appears as if it is finally going to be settled. Wendi is Murdoch’s third wife and the couple was married for 14 years. It has been reported that the couple is handling the situation amicably, but that will not be entirely clear until the settlement is final. The couple could possibly settle before the hearing, but the details of that have yet to be revealed.

One of the situations that appears to be unsettled is their living situation. Two of their estates are still in question as well as the custody of their children. They have two daughters from the marriage, ages 12 and 10. Murdoch also has four other children from his previous marriages.

In a high net worth divorce such as this one, it can be important to quickly evaluate one’s assets and determine the best way to protect them. Sometimes, the person who takes action first can benefit the most. If a prenuptial agreement is involved, that can be beneficial to both parties, but especially the person that has the highest net worth. Georgia residents who are going through a divorce may consider the way that this case plays out as they go through their own situations.

Source: New York Times, Murdoch Divorce Said to Be Almost Final, Peter Lattman and Amy Chozick, Nov. 19, 2013

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