Divorce Lawyers Claiming $600,000 on Prince’s Estate
23 December 2016
It has emerged that Divorce Lawyers are claiming the late pop legend Prince owed just under $600,000 in outstanding legal fees.
Lawyers in Palm Beach, Florida, say Prince died without having paid $599,735.63 in legal fees which he incurred when divorcing his second wife.
Prince was married to Manuel Testolini, a Canadian philanthropist, for five years. She filed for divorce in 2006 and it’s unclear as to why the legal fees have been left unpaid for a decade.
It’s believed the Palm Beach law firm has asked for the costs to be reimbursed from Prince’s Estate.
Prince, who won seven Grammy Awards, an American Music Award, a Golden Globe Award, and an Academy Award for the film Purple Rain; died earlier this year, aged 57, of an accidental opioid overdose.
Cost of Divorce
The cost of Prince’s second divorce seems eye-wateringly high, although this is not unusual in celebrity divorces. It was reported that Mel Gibson’s divorce from Robyn Moore Gibson cost $425million while Rupert Murdoch’s divorce from Anna Murdoch cost $1.7billion.
Fortunately these price-tags are not something that most people will encounter when getting a divorce. But how much does a divorce really cost?
The answer will differ from case to case, depending on factors such as whether the divorce is uncontested or contested, and whether there are assets to be shared. The true cost of divorce can be much higher once other considerations are taken into account, such as the cost of dividing assets, finding new accommodation and legal fees.
Co-op Fixed Fee Divorce
Our Divorce Lawyers offer fixed fee services for uncontested divorce cases in England & Wales. We also offer Fixed Fee Divorce Financial Orders such as Consent Orders and Clean Break Orders.
For contested divorce cases we offer a Fixed Divorce Lawyer hourly rate starting from £210 per hour including VAT.
We will agree our fee with you before starting any work, and once we have provided you with a written quote for the agreed work to be done, that price will not change.
Tracey Moloney, Head of Family Law & Divorce at Co-op Legal Services said, “We do appreciate that divorce is often an emotionally stressful time, and people are trying to navigate the fact that they no longer have access to the finances that were previously available to them.”
“We understand the difficult position that this can place people in and we offer expertise, guidance and support as to the best way forward for our clients and their children. Being specialist Divorce Lawyers we can foresee the problems and issues that may arise usually before the client does, and we help them stay one step ahead throughout their divorce.”