Reginald Black

Feb 20, 2017

I can\'t say enough about Kathleen Gingrich. I needed her services at a very difficult time in my life. She was always available and really listened to me and ...

Deb Hoffert

Feb 08, 2017

I can not say enough great things about this law firm. Everyone is extremely knowledgeable, professional and above all else very friendly. I have never had an issue personally or ...

John Arena

Feb 01, 2017

Peter Russo and the staff at his firm have handled my personal and professional business for almost a decade. His office is extremely professional and efficient. They never forget that ...

rick scott

Feb 01, 2017

Peter was easy to work with and handled my case first class. He was knowledgeable about my case (possible age discrimination) and gave me options on what I could do. ...

Jenn Spears Brenize

Feb 01, 2017

Peter is extremely knowledgeable and aggressive, yet even-tempered. He is professional, diligent, and compassionate, and responsive to his clients\' needs. I never hesitate to send him a referral as ...

Robert Davis

Jul 25, 2018

WERE BACK !! First and foremost Peter has a sense of humor. Peter was efficient and effective and on point when it came to the time line of events. Very important ...

Angela Reighard

Jun 26, 2018

Kara Haggerty was an amazing attorney. She handled my highly toxic divorce with aplomb, carefully and skillfully. Megan was also very helpful. Highly recommend!!

Bob Levin

May 11, 2018

I have been working with Peter for last 3 years and the experience has been worthwhile. He is a man of his word and I would highly recommend him.

Beth Sizer

Mar 22, 2018

I am a grandmother who just wants to be involved with her only grandson\'s life in every way, watch him grow and always be there for him and just ...

Aubrey

Jan 10, 2018

Peter is an excellent attorney! He is caring and effective in his representations.

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Reviews

Pennsylvania movie fan’s may remember when Reese Witherspoon and Ryan Phillippe divorced. According to a recent report, after they separated, the couple maintained joint ownership of a property in Los Angeles after the divorce. Witherspoon and Phillippe kept the property through renovations and through an economic downturn. When they finally sold the pricey duplex, they pocketed $266,500.

The profitable sale came after both members of the former couple lost money on the sales of private homes. Witherspoon lost over $800,000 on the sale of a California ranch where she married her new husband. Phillippe had a Zen-inspired home that he sold at a loss of over $1 million dollars. Though the monetary losses may be substantial, the couple is well-equipped to handle them. Both are well-paid, and Witherspoon was recently named to a Most Overpaid Actors list.

The property the couple sold was originally purchased in 2005 for $1,173,500 and included 4 bedrooms and 4 bathrooms. It was listed in December 2013 for $1,395,000, and it sold about 18 days later for about $45,000 over the asking price.

The case of Witherspoon and Phillippe shows that amicable asset division may result in positive profits in the future. However, many divorces result in disputes between the involved parties, resulting in tension and difficulty negotiating an equitable agreement. The disputes may also spread to other aspects of divorce, including support payments and child custody. A lawyer working with one of the parties of a divorce may be able to help a client reach an amicable divorce agreement.

Source: Forbes, “7 Years After Divorcing, Reese Witherspoon And Ryan Phillippe Sell Shared Los Angeles Investment Property“, February 07, 2014