Can Tom Cruise Teach Us About Divorce?

We all know divorce can be a costly process no matter where you are financially in your life.   With the recent break up of Tom Cruise and Katie Holmes, there is another Paparazzi story brewing on how much it will cost Mr. Mission Impossible to make this divorce possible.   Famous comedian and movie star Robin Williams once said, “I believe the word divorce comes from the Latin for a man having his genitals ripped out from his wallet.” (source: telegraph.co.uk)    So what smart money moves can we learn from the third divorce Tom Cruise is going through with Katie Holmes?  Well, here are four financial ideas to potentially help you if you have to go through separating your assets in a divorce? Try To Minimize Legal Fees – Going through a divorce will be hard enough on you emotionally.   If you and your ex can maintain a reasonably amicable relationship, you could save more than 50% of your legal costs ...

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