Kimberly Staley
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A senior divorce complicated by assets, debt and a mistress

Many readers may currently be experiencing marriage problems. Arizona residents are definitely not immune to a rising trend sweeping the nation known as gray divorce. This topic pertains to those who untie their knots at age 50 or beyond. Although not every person who does so happens to be a billionaire, such as famed developer, Harry Macklowe, even those of average means may relate to some of the complications commonly associated with senior divorce.

In Macklowe's case, the 80-year-old has been married to the same woman (named Linda) for nearly 60 years. In circumstances many might find odd, Macklowe has publicly acknowledged a romantic relationship with another woman (who also happens to be married to another man) for whom he has secured living arrangements just blocks away from the home he still shares with his wife. Divorce proceedings have become complicated, in particular because Macklowe agreed to give his wife half his fortune but also claims he is at least $400 million in debt.

Macklowe is said to currently be worth $2 billion. His wife has explained that part of the problem is that her husband has not paid taxes for decades. If such allegations were true in any other gray divorce situation, it would no doubt certainly complicate proceedings.

Macklowe's situation appears to have all the makings of a sordid romance novel: billions of dollars at stake, a mistress, dual residences, self-claimed debt, allegations of criminal behavior and even "younger woman" issues since the woman Macklowe claims he will marry once his divorce is final is 62 years old. One need not be a billionaire to experience these types of divorce-related complications, however. An Arizona resident might be facing similar obstacles in a senior divorce. Reaching out for experienced support is typically the way to go to increase the chances of obtaining a positive outcome in court.

Source: celebritynetworth.com, "You Won't Believe The Drama In This Billion-Dollar Divorce", Amy Lamare, Sept. 15, 2017

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