Report: Ashton Kutcher, Demi Moore Settle Divorce Following Two-Year Stall Over Money

By Nancy Bickford, Bickford Law

Divorce Attorney in La Jolla

Divorce Attorney in La Jolla discusses settlement between Kutcher and Moore.

Money can’t buy you happiness, but it can certainly stall a divorce.

According to the latest reports, Ashton Kutcher and Demi Moore have finally settled their divorce after two years of financial negotiations.  Sources say both remain “satisfied” with the final outcome.

Kutcher, 35, and Moore, 50, were married in 2005 and separated in November 2011. As we have previously blogged, Ashton initiated divorce proceedings in 2012.

After gaining popularity on the hit TV series, “That 70s Show,” Kutcher went on to become the highest-paid television actor after joining the cast of “Two and a Half Men,” replacing Charlie Sheen as the lead role. Although Moore is said to be worth $10 million more than Kutcher, the “Ghost” actress nonetheless sought spousal support.

TMZ and the Daily News say that Moore wanted retribution for Kutcher’s alleged infidelity.

Spousal support was just one of many issues to hold up the divorce settlement. Kutcher and Moore continued negotiations over his venture capital fund –  an account managed by Madonna’s manager Guy Oseary and billionaire Ron Burkle, according to Page Six.  Moore also sought additional funds to pay for renovations on her $25 million dollar apartment in New York’s San Remo building and to cover attorney fees.

Finally, after two years, all disputed issues have been settled by Kutcher and Moore. While many financial details of the divorce settlement are unknown, reports say that Moore did not collect spousal support since California is a no-fault state.

AFTERTHOUGHTS: THE KUTCHER-MOORE DIVORCE

What can we learn from the Kutcher-Moore divorce? Well, a few things. First, I know most people want to divorce as quickly as possible. In this case, two years is a long time. However, the truth is that some divorce cases require two years for the parties to agree on terms, while many others can be completed in a timelier manner. In California, there is a mandatory six-month waiting period from the time of service of the Petition for Dissolution until the parties can have their marital status legally restored to “single”.  However, a divorce can be complete for all other purposes in as little time as it takes for the parties to sign an agreement on all issues or have the court issue orders on all issues.  Either way, a good divorce lawyer will help you to get through it as quickly as possible.

The financial issues of the Kutcher-Moore divorce are fairly common. Division of property, negotiations over spousal support and dividing financial accounts and businesses are details that need to be worked out in many divorce proceedings. If you’re thinking about divorce but are worried about your financial assets, a good family lawyer can help. I’m both a Certified Family Law Specialist (CFLS) and a Certified Public Accountant (CPA). I also have a Master of Business Administration, so I can help with complexities that often arise when dividing assets amid divorce.

Here’s what else I know after having practiced family law for many years. An efficient divorce is good for everyone – it’s less stressful and, dare I say, less contentious than an emotional, drawn out separation. But second to that, a fair and efficient divorce can help you get on with your life.

Find me at http://www.bickfordlaw.com/, on Facebook or even the old-fashioned way — by phone — at 858-793-8884.

Related posts:

  1. The Khloe Kardashian Divorce: On Overcoming Fear During Separation
  2. A 25-year tradition helps wipe away drama of divorce
  3. Del Mar Fairgrounds board agrees to settle lawsuit
  4. Kris Humphries joins fellow celebrity fraud victims, faces investment fraud loss on top of Kardashian divorce filing
  5. Certified family law specialist/CPA provides unique service

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Posted by Social Media Staff on Nov 25, 2013. Filed under Columns, Nancy Bickford, Sponsored Columns. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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