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December 20, 2007
Is the Bollea (Hulk Hogan) divorce a strategic move to shield assets?
Earlier on this blog, I discussed the issues surrounding guardianship arrangements for John Graziano. Graziano was severely injured in a car accident with Terry Bollea’s son, Nick Bollea, at the wheel and is now fully incapacitated.
While the attorneys for John Graziano’s parents reached an agreement giving Debra Graziano guardianship over her son, new developments on this case center on Terry Bollea’s controversial divorce in light of the pending law suit.
Tamara El-Khoury, Lawyer: Is Bollea divorce a ruse?, sptimes.com, Nov. 27, 2007 reports that:
The divorce petition seeks a split of the couple's assets, including a Belleair mansion and Clearwater Beach home with combined assessed values topping $7.9-million. ***
[A] divorce could be one step the Bolleas could take to try to protect assets. That's because it could cut Terry Bollea's assets in half, [Kimberley Kohn] said. ***
December 20, 2007 in Current Events, Estate Planning - Generally | Permalink
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Comments
My personal opinion on the matter of the divorce and the accident is you all should worry about what is best for Nick and stop the BS with the divorce until the case regarding Nick is over done with. He needs both of his parents to stick by him instead of fighting over who gets what.
Posted by: rose | Jan 25, 2008 12:50:58 PM
