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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. ...

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 ...

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 ...

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 ...

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\' ...

Robinette Butts

Sep 01, 2020

Very positive, helpful beyond words of thankfulness for the time I needed expertise a nd guidance. THANK you, again Kathleen. ...

Rebecca Foote

Aug 07, 2020

Kara Haggerty is always a pleasure to work with. She is knowledgeable, responsive and fights for her clients. I personally ...

Amy

Aug 05, 2020

Kara Haggerty was fantastic from start to finish. She demonstrated her expertise and made her client the priority. Cannot recommend ...

Krystal

Aug 04, 2020

Kara Haggerty is very professional and knowledgeable in her field. I highly recommend her to family and friends.

Cindy

Aug 01, 2020

Ms. Haggerty has been my attorney for several years. She is always prompt in returning my calls and is very ...

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Reese Witherspoon And Ryan Phillippe Sell Property

Reese Witherspoon And Ryan Phillippe Sell Property

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

Reese Witherspoon And Ryan Phillippe Sell Property

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