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Michigan residents likely appreciate that publicized divorces can add stress and strain to an already uncomfortable situation. This fact appears to apply tenfold to WWE stars such as Hulk Hogan, Ric Flair, and now John Cena.
Cena and his wife Liz Cena have begun the divorce process after three years of marriage. Upon filing for divorce, Cena was met with claims that his estranged wife is seeking monetary gains that she believes she is entitled to for standing by the wrestler’s side for 14 years. The couple did sign a prenuptial agreement in 2009; however, Liz Cena has declared that she is hiring a prominent attorney who has represented other wrestlers’ wives during their divorces to help her with her claim.
Both Hogan and Flair faced financial ruin in the wake of their divorces and some WWE observers express concern that Cena may join their ranks. While it is widely recognized that these kinds of high-asset divorce cases can carry on and feature exorbitant requests from spouses who are determined to maintain their standard of living, the men behind the money apparently suffer cruelly in the process and are themselves reduced to a lower standard of living.
But it is not only wrestlers in high-asset divorces who can experience such financial ruin. Average Michigan men facing divorce may find that they, too, are falling prey to potential financial ruin in the face of divorce. Financial disagreements can affect the man uniquely, limiting his ability to make child support or alimony payments and his overall ability to bounce back financially if there is a large settlement to be paid to the ex-wife based on a prenuptial agreement.
In today’s economy, the standard of living of both parties; their needs and expenses; and what will protect them in the long run, must all be considered.
In Michigan, looking for a trusted and experienced divorce attorney near you? contact us today!