Resolution Through Negotiation

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Avril Lavigne and Chad Kroeger end their two year marriage

On Behalf of | Sep 18, 2015 | Firm News |

In what may not be a surprise to fans, rockers Avril Lavigne and Chad Kroeger have officially announced their separation. Music fans may know Lavigne as the Canadian punk rocker with over 30 million albums and 50 million singles sold worldwide. Chad Kroeger is lead singer and co-founder of the band Nickleback, which is among the most successful Canadian rock bands of all time, with over 50 million albums sold.

Considering the worldwide and long-standing success of both musicians, with over a decade each, it is likely that both have achieved and received substantial income during that time. When celebrities enter a marriage, it is important for them to have an understanding of potential problems that may arise with regards to asset division if the couple decides to divorce. It may be wise for them to consider creating a prenuptial or postnuptial agreement to protect each of their individual assets in the event of a divorce.

Although it is a sensitive topic to discuss, especially at a time of happiness between both partners, having an agreement early can be helpful and can avoid serious issues, disagreements and problems down the line if the couple does divorce.

Property division can be one of the trickiest of topics to resolve during a divorce. Since disagreements and property division battles often wind up in court, it may be wise for anyone involved in a divorce to seek legal advice and representation. Having a strong defense team can be the difference between a substantial amount of money. The other side will likely have a strong team to fight for their rights, it only makes sense for you to do the same.

Source: By Stephanie Marcus, Huffington Post “Avril Lavigne And Chad Kroeger Split After Two Years of Marriage,” Accessed Sep. 14, 2015