Texas NASCAR fans may be interested in the recent development in the life of the most successful female racer, Danica Patrick. Reports came out recently, stating that Patrick and her husband of seven years will be amicably filing for divorce. Patrick's net worth, an estimated $15 million, will play a huge role in the divorce proceedings, and the allocation of financial support following the decision to separate.
After seven years of marriage, the couple has decided to separate reportedly, although many details are still unclear. Due to the high-asset nature of Patrick's income and potentially marital property, one can only imagine the careful litigation upcoming if a prenuptial agreement was not signed prior to the union. Future ex-husband Paul Hospenthal, a physical therapist, reportedly brings in less than a tenth of Patrick's income.
It is important to have experienced knowledge of prenups and property division when celebrities file for divorce. The typically higher income levels can change the division of support during a divorce. Gender does not play a legal role in the litigation as much as one may think based on the typical outcome of spousal support matters.
Texas couples filing for divorce may benefit from seeking the experience and advice of a professional familiar with high asset earnings and property division techniques. The gender of the filing party does not regulate to whom or how much support will be paid to the other party. Typically the income, assets and financially liabilities all collectively contribute to the allocation of financial obligations.
Source: isportstimes.com, "Danica Patrick Divorce: Net Worth, Assets And Alimony [VIDEO]," Jessica Barbanel, Nov. 21, 2012