With the recent spate of high-profile divorces, a new matter that can affect property interests is "celebrity good will." This divisible property interest of the marriage or factor can be considered in awarding alimony and child support.
What's 'Celebrity Good Will'?
Essentially, celebrity good will is a celebrity's enhanced earning capacity or the human capital of a spouse who is famous. The greater the good will, the more likely the celebrity will have future earning capacity that the Courts will consider when making awards. When high-profile persons endure a lengthy or particularly ugly legal battle, their so-called good will decreases.
What Do Courts Consider When Establishing 'Celebrity Good Will'?
Many factors can be considered, but typically, age, health, past earning power, skill, comparative success, reputation in the profession, and length of time in the profession, as well as other factors are considered.
This burgeoning aspect of family law requires the right attorney. If 'Celebrity Good Will' will be an issue in your divorce, the Law Offices of David Sheehan can help.
