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Crocodile Dundee Stars Divorcing

New Jersey residents may be surprised to learn of Hollywood’s newest divorce. The stars of “Crocodile Dundee” Linda Hogan and Paul Hogan have announced their split.

According to Linda’s representative, the pair have decided to call it quits after 23 years of marriage. The two have a 15-year-old son together. Linda is anticipating going back to her maiden name and wants to acquire joint custody of the couple’s child. The manager said that the couple has been separated “for some time” and that the divorce is amicable. He expects that the pair will remain friends and continue to raise their child together. The couple met when they both starred in the film “Crocodile Dundee” in 1986. They recently sold a Malibu home to another Hollywood star. Paul Hogan has been divorced two times before and is 74-years-old. He married Linda in Sydney in 1990.

Individuals who are going through the process of a high net worth divorce may have additional complications with which to contend. For example, their marital property may need to go through asset valuation. Accountants and financial planners may need to be retained in order to determine the value of personal assets and business assets. Complex asset division may involve splitting stock options, expensive real estate, valuable personal items and 401(k) plans of substantial value. Additionally, a forensic accountant may need to be retained in order to uncover hidden assets, such as offshore accounts.

New Jersey personal injury lawyers may be able to assist high-profile couples with high asset divorces. They may be able to assist individuals with disputes regarding property interests as well as provide suggestions regarding complex asset division. They may offer suggestions about which assets should be included as part of the division of the couple’s assets.

Source: ABC News, “‘Crocodile Dundee’ Star Paul Hogan and Linda Kozlowski Divorcing“, Michael Rothman, October 18, 2013

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