Living with someone who doesn’t appreciate you, ruins your finances or takes advantage of your situation isn’t something that’s easy to do. Many marriages break down over the lack of financial discipline some spouses show. That’s what is behind this divorce, according to the news.
Lisa Marie Presley has filed for divorce from her husband after alleging that he mismanaged her money, landing her in hot water with a credit card company that filed a lawsuit asking for $109,000 in charges.
According to the divorce documents, Presley claimed that her husband took advantage of her financially and had not managed her money or their finances well during their marriage. They had a postnuptial agreement in place, which did allow her husband to handle the finances. She claims he didn’t do what he was meant to on a fiduciary basis. This wasn’t the only problem in their marriage, though, she reports.
Besides taking efforts to find out what happened to over $100,000, Presley has asked for full custody of her twin daughters claiming that her husband does not do what a father should be doing. She did not specify what he had done wrong to provoke her to ask for full custody. She has requested that he has visitation only when supervised, and she did not ask for child support or spousal support.
High-asset divorces like this can become complicated, and if you’re trying to work out the division of your assets as well as child support or spousal support, having your attorney assist you can help. Working together, you can try to negotiate a settlement that you can agree with.
Source: Streetwise Journal, “Lisa Marie Presley Files for Divorce After Husband Mismanaged Her Money,” Jacob Maslow, July 06, 2016
