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Business assets throw monkey wrench into Kutcher-Moore divorce

As Massachusetts readers of our blog may recall from a previous post, high-profile couple Ashton Kutcher and Demi Moore were married for six years when they decided to end their marriage. That decision was made around two years ago and the couple has yet to reach a settlement. Recently reports have emerged that one of Kutcher's business assets has proven to be a stumbling block in finalizing the divorce.

Kutcher reportedly believes that Moore is asking for too much money from a venture capital fund he set up with two partners in 2010, while the couple was still married. Kutcher allegedly told Moore's legal team that the fund had not made much money since then, but several companies in which the fund invested include the successful Shazam, Foursquare, Spotify and Soundcloud. Kutcher owns 20 percent of the fund, which Moore's camp values at $100 million. Under California law, Moore is thus claiming $10 million, or half of Kutcher's share in the business.

Though the dollar amounts run into the five and six digit realms in this divorce, Massachusetts residents considering divorce should note the underlying issue of asset valuation, something with which anyone may have to deal. Often, it may be necessary to obtain expert testimony regarding the value of one's former partner's business or a personal investment in a business. A forensic accountant, for example, may help establish the true value of such assets, which a court will use in turn as the basis for rulings on alimony, child support and other matters in a divorce.

Emotions often run high in a divorce. Working through property division with a legal professional can help Massachusetts couples ensure their rights and interests are protected.

Source: The Huffington Post, "Ashton Kutcher, Demi Moore's $10 Million Battle Drags Out Divorce (REPORT)," May 15, 2013

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