McCourts Plan to Discuss Ownership of Dodgers
Posted By Law Office of Michael R. Young on Mar 29, 2010 4:50pm PDT
A court date has been set in the ongoing divorce battle between Los Angeles Dodgers owners Frank and Jamie McCourt. This hearing will address whether the Major League Baseball team will remain in the sole possession of Frank, or if he and soon-to-be ex-wife Jamie will share possession.
At the center of the case is a martial agreement from 2004 that Frank says grants him sole ownership of the team, Dodger Stadium, and the surrounding land, while Jamie is entitled to their seven residences, which includes one condo and six homes. Jamie, however, insists that she is a rightful co-owner of the team.
It's situations like this that make it so important for anyone with high net worth assets, or any assets they wish to protect, to speak with a knowledgeable family law attorney about drafting an agreement that clearly defines how property should be divided in the event of a divorce. With such an agreement in place, you can ensure your property rights will be protected should your marriage end in divorce or separation. If you are interested in speaking with a Riverside family law attorney about creating a prenuptial agreement, postnuptial agreement, or some other type of marital agreement to ensure your assets are protected, please do not hesitate to contact the Law Office of Michael R. Young today at (866) 902-5290!