Chapter 24 - The divorce accounting
The divorce became numbers.
Ugly numbers.
My Renaldi shares:
Separate property.
No dispute after tracing and shareholder documents.
Wesley received no ownership interest.
Joint brokerage:
Marital.
Subject to credits.
Kane Urban:
Mostly Wesley’s separate premarital business interest, but marital contributions and appreciation required valuation.
Experts disagreed.
My expert:
Marital contribution claim around $1.08 million plus share of attributable appreciation.
His:
Around $520,000.
Mediator range.
Then the disputed transfers.
Bank had restored $310,000.
Kane Urban settlement capacity limited.
We negotiated.
Final financial settlement required Wesley to pay me:
$615,000
over time, secured by part of his remaining Kane Urban interest and a personal investment account.
No lien on Renaldi assets.
No immediate cash miracle.
Five-year payment schedule.
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If Kane Urban sold, acceleration provisions applied.
That closed the civil money fight.
