People in Florida may have been following the divorce of Matt Lauer, the former longtime host of NBC’s “Today” show. Recently, Lauer and his estranged wife were able to settle their high-asset divorce. Lauer’s estranged wife has filed paperwork with the court and the case is now awaiting a review by a judge. Once the judge has approved the filings, they will be entered with the court clerk’s office. The divorce is uncontested.
According to one report, Lauer’s estranged wife will retain $20 million in assets as well as a horse farm in the Hamptons. The couple also owns a mansion in North Haven. The couple married in 1998 and have three children together. It has been reported that the couple will share custody of the children.
This celebrity divorce exemplifies how couples can work together to reach a settlement in their high net worth divorce. Lauer’s divorce is not without controversy due to claims he engaged in sexual misconduct in the workplace. However, instead of heading straight to court for a trial, the couple put their differences aside and negotiated a settlement.
Settling a high net worth divorce is not always easy, given that so much money is at stake. Not only is property division complicated in a high-asset divorce, but other divorce issues such as spousal support and child custody will also need to be addressed. It might take a lot of negotiating before a couple reaches a settlement they are both satisfied with.
However, settling a divorce can be a lot less emotionally and financially draining than litigating a divorce. Settling marriage dissolution through negotiation can also be beneficial if a couple has children, as it sets the groundwork for the civil communication and cooperation the couple will need to exercise as they raise their child post-divorce. While sometimes litigation cannot be avoided, attempting to negotiate a settlement may be beneficial to all involved in the divorce.