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Loud rocker and singer-model quietly finalize their divorce

Massachusetts music fans may recall that when rocker Jack White and model-singer Karen Elson decided to get divorced, they held a party together to celebrate, complete with fancy invitations and a swing band. Unfortunately, that spirit of cooperation did not last. At one point earlier this year, Elson asked for a restraining order against White. He denied her accusations that he had threatened her.

However, the two parties have apparently quietly reached an agreement. A judge finalized a divorce for the ex-couple last month, but it was not widely reported until weeks afterward.

According to reports, the divorce settlement allows White to retain all his rights to his musical businesses, including his company Third Man Records and the bands the Dead Weather, the Raconteurs and the now-defunct White Stripes.

The agreement also lists Elson as the primary custodial parent of the couple's two children. White will have about 150 days per year with them.

High-asset and high-profile couples have mostly the same issues at stake as anyone else when they divorce, such as property division, alimony and child custody. However, because high-asset couples tend to have more complicated finances, dividing their marital property can be very complicated.

Massachusetts residents who are considering a divorce need to be extra careful with such assets as retirement accounts or an ownership stake in a family business. An attorney with experience in high-asset property division can help these individuals to avoid unnecessary conflict and negotiate their way to a settlement that works for all parties.

Source: ABC News, "Judge Finalizes Divorce of Jack White, Karen Elson," Dec. 13, 2013

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