Carton & Rosoff PC-Attorney at Law

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Ozzy and Sharon Osbourne split after 33 years of marriage

Fans in New York of either rock star Ozzy Osbourne or Sharon Osbourne may have learned that the couple may be heading to a divorce. The couple has been married for 33 years and has had their troubles in the past due to Ozzy’s drug and alcohol issues. However, this may be the final straw as Sharon discovered that Ozzy has cheated on her with a hairstylist in Los Angeles.

Nothing is official yet, but Sharon reportedly kicked Ozzy out of their home recently. Some believe that this is not a permanent split, but this could finally lead the couple to divorce. If they do decide to divorce, it could be very complicated as they split the fortune the couple has acquired over their 33 year marriage. Both have been very successful in their various ventures.

High asset divorces, regardless of whether the couple is famous or not, can be complicated and time consuming divorces. Simply finding all the marital assets and valuing them can be difficult. The couple may have multiple properties, investment accounts, retirement accounts, stock options, one spouse may own a business and both spouses may have valuable collectables, cars and other property.

Professionals such as property appraisers, business appraisers, forensic accountants and others may be utilized to determine the true value of all the assets. This can take some time to complete. Then, once the couple knows the value of the property, they will need to split it, which can lead to even more complications.

Many people in New York have acquired numerous assets during their marriage. It may not be to the level of the Osbourne’s, but nevertheless it can complicate the property division aspect of the divorce. The couple will also most likely need to utilize various professionals to help determine the value of the property. Experienced attorneys understand this complicated process and may be able to guide one through the process.

Source: Page Six, “Sharon Osbourne dumps Ozzy for cheating with hairstylist” David K. Li, May 8, 2016

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