When 26 years of marriage come to an end, you might expect emotional discussions and some contention in division of property. When that marriage ends after at least one incident of infidelity, most Florida residents would expect to see a bit of a courtroom fight. According to statements issued by Eliot Spitzer and his wife, there will be no celebrity drama attached to theirhigh asset divorce, which was filed recently.
The couple issued a joint statement following the filing of divorce paperwork. According to the statement, all issues have been resolved between the two and the divorce is uncontested. This is despite the fact that the divorce was marked contested by the court system.
There are facts in the marriage that would lead some spouses to attempt to get the most out of divorce proceedings. First, there is the wealth involved. Eliot Spitzer is worth a billion dollars. From 2011 through 2012, tax records indicate he made $5 million from real estate investments. He made several more million in television work and drew money from his engineering company.
Spitzer’s wife is not without her own worth, though. She is the successful head of an equity firm. Although she might not need Spitzer’s money, some might think she deserves a large cut of the pie. Six years ago, Spitzer resigned as governor of another state after a scandal involving a prostitute. Despite his public infidelity, Wall stood by him.
The divorce was filed in December, following at least six months of separation. During Spitzer’s failed run as controller, he never appeared at any function with his wife, leaving the media and public suspicious that trouble was brewing. The couple has kept their marriage as private as possible, and that includes the divorce.
According to reports, a deal was struck between the two, but no details have been released. That Spitzer and his wife can come to a civil agreement that allows both parties to move forward is a solid example for others. No matter what your level of wealth or past problems are, working together on property division or other legal issues may get you a more desirable result in the end.
Source: New York Daily News, “EXCLUSIVE: Eliot Spitzer and longtime wife Silda Wall file divorce papers” Barbara Ross, Brian Niemietz and Dareh Gregorian, Jan. 16, 2014