Florida residents who enjoy reality television may be sad to learn that one high-profile couple is ending its relationship. Tarek and Christina El Moussa, the married couple behind HGTV's popular "Flip or Flop" home improvement program, have decided to end their marriage.
The former couple, who share a young son and daughter, have announced that they will separate. A separation is different from a divorce, and individuals who choose this method of dissolving their marital relationships are encouraged to consult the family laws of the state in which they reside.
Just as in a divorce, they will have to decide how they want to manage the custody and support of their children. If they are unable to generate their own custody and support agreement, they may turn to the court system to provide them with an order to determine their responsibilities to their kids. Courts generally consider the best interests of the children when deciding matters related to custody, support and visitation.
Additionally, due to their highly visible and connected business interests, they will have to decide how they will divide their diverse assets. The former couple has stated that it will continue to work as business partners despite the dissolution of their personal relationship, though the end of their marriage may require them to restructure or change the organization of their shared business interests and investments.
Though most couples do not have to watch their separations and marriages play out in the news, couples like the El Moussa's must endure not only the scrutiny of others but also the challenges of managing the ends of their high asset divorces. Not all family law attorneys are willing to take on cases that involve significant marital assets and other complex divorce-related issues; individuals anticipating these types of separations and divorces may wish to investigate legal representatives who include high asset divorces in their family law practices.
Source: CNN, "'Flip or Flop' stars Tarek and Christina El Moussa split," Lisa Respers France, Dec. 12, 2016