Weisberg & Weisberg, PLLC
Peninsula:
757-528-2643

Southside:
757-777-9214
Free 15 minute phone consultation

Settlement follows tense Podesta high asset divorce dispute

Court battles are stressful, even for ex-spouses with the financial resources to fight them. It's not just the prospect of facing an inflamed spouse that drives wealthy Virginia couples to settle their differences during divorce. Many Newport News couples, affluent and otherwise, simple want to move forward in peace -- cooperation is how that gets done.

Waging war over alimony, child custody and property division adds to the difficulties of working through already-complicated high-asset divorces. Disagreements are likely when you and an ex are figuring out how to equitably distribute a considerable number of marital assets. Property will be divided one way or another, by compromise or court order.

Two months ago, when the public learned well-known lobbyists Tony and Heather Podesta were divorcing, the spouses were throwing singeing claims and legal counterpunches. Tony was the first to file, stating he was the springboard for his wife's successful career. Meantime, Politico reported Heather zeroed in on the couple's dispute over an extensive collection of art and real estate.

Tony accused his wife of purposely trying to embarrass him after the spouses separated more than a year ago. The pair married in 2003 and rose to the top of Washington D.C. social circles. Heather claimed in her divorce filing that the success of the "Podesta brand" was a mutual effort.

The estranged spouses own four homes, including two residences in other countries and a District property in Kalorama, which Heather wants to keep. The art collection, a major bone of contention in April, consists of over 1,300 pieces. The divorce issues that not long ago drew headlines apparently have been resolved.

The Podestas recently announced a settlement, without disclosing any of the details. The distribution of marital assets is a sensitive subject that most former spouses would like to keep private. A settlement can include a confidentiality agreement that forbids parties from talking about the agreement's terms.

Source: The Washington Post, "Heather and Tony Podesta reach divorce settlement" Emily Heil, Jun. 09, 2014

No Comments

Leave a comment
Comment Information
Email Us For A Response

Let's Do This Together

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Peninsula Office
744 Thimble Shoals Blvd. Suite B
Newport News, VA 23606

Phone: 757-528-2643
Fax: 757-310-6926
Newport News Law Office Map

Southside Office
112 College Place
Norfolk, VA 23510

Phone: 757-777-9214
Fax: 757-533-9223
Norfolk Law Office Map