British Columbia readers may be interested in the divorce proceedings of one famous Hollywood couple. At issue in the divorce is custody of a teenage daughter and various properties across the globe valued at tens of millions of dollars.
Actors Melanie Griffith and Antonio Banderas met while working on a film together in 1995. The couple married afterwards and had a daughter together, who is now 17 years old. Now, the pair has decided to divorce, citing irreconcilable differences. This is the fourth divorce for Griffith, and Banderas has been divorced once before. The split happens amid rumours of the end of their marriage that have persisted for months.
In her divorce filing, Griffith has requested spousal support payments and joint custody of their daughter. She is also seeking sole physical custody of her daughter.
According to reports, the couple owns property in various locations across the world, including in Los Angeles, New York and Spain. Additionally, their assets include various commercial properties and restaurants, both in the U.S. and in other countries. An acquaintance says that Banderas makes “smart” business decisions and the couple is very careful with how they spend their money. The friend also assured media sources that money was “not the reason” for the divorce. Reports indicate that the couple’s net worth could be valued at around $50 million.
In high-asset divorce situations like this, it can be difficult to value and divide the property owned by a couple. This can lead to a contentious divorce. A lawyer may be able to help guide the spouses through this process, from the division of property to negotiation of potentially contentious issues like child custody and spousal support.
Source: Daily Mail, “Melanie Griffith and Antonio Banderas’ ‘$50M divorce’: Estranged couple are ‘worth more than you think’ with homes all over the world“, Shyam Dodge, June 11, 2014
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