When a divorce occurs, there are numerous factors that must be considered and worked out before the couple can part. When a couple has substantial assets, property division assets obtained during the marriage, business assets and even bank accounts can be complicated.
Danica Patrick, 30, is known for her success on both the IndyCar and NASCAR circuits and as the face of GoDaddy.com, but currently it is her divorce that is garnering a lot of attention. Patrick announced on her Facebook page Nov. 20 that she and her husband, Paul Hospenthal, 47, had decided to end their seven-year marriage.
The couple met when Patrick came to Hospenthal's physical therapy rehabilitation center for treatment of a non-racing injury. They married in 2005.
Patrick just completed her first full NASCAR season, running in all the Nation-wide races and 10 Sprint Cup races. She was also voted by fans to be the Nationwide Series' most popular driver.
When a divorce occurs between two successful people, making sure that each leaves the marriage with an equitable division of assets is important. Professional advice regarding property division and accurate computing of complex valuations can help ensure that everyone is treated fairly. Divorce can be a difficult time, which is why it is so important to get the details right so both individuals can emerge from it successfully. An experienced divorce attorney can help guide an individual through the process.
Source: Detroit Free Press, "Danica Patrick divorcing her husband after 7 years," Nov. 20, 2012