Divorce and Family Law: Lessons Learned From Tim Duncan
Tim Duncan and his wife Amy Duncan reportedly started divorce proceedings in March of 2013. Duncan is best known as a professional basketball player for the NBA's San Antonio Spurs winning four NBA championships, two NBA MVP and three NBA Finals MVP awards. There are many divorce and family law lessons that can be learned from Tim Duncan.
The primarily lesson is to try to stay focused during any divorce or family law proceeding. Duncan's divorce process started in March of 2013 during a crucial final push during the NBA regular as his teams was having one of the best seasons in franchise history. A legal proceeding involving a star player can distract even the most focused competitor. As Duncan's team made a deep run into the playoffs culminating with a NBA Finals appearance Duncan's attorney sought to delay the divorce until “30 days following the first work day following the San Antonio Spurs last playoff game (whenever that might be) to respond to the outstanding discovery requests." This was an important move for to not interfere with such an important moment in his career and livelihood and the lesson is that if there is a reasonable reason for delay the court will most likely indulge. NBA star Dwayne had to endure a custody battle with his two sons during the 2012 NBA Finals that involved him almost missing playing time. The lesson is that if it is possible it is best to delay important family law decisions and appearances until all parties are completely present and focuses.
Another primary lesson from Duncan's divorce is the potential importance of a prenuptial agreement when one party has large assets. Duncan is reportedly attempting to enforce the prenup between him and his wife Amy. Duncan and his wife met while they were both in college at Wake Forest where he played basketball and she was a cheerleader. Duncan went pro after graduating with a Psychology degree in 1997, but did not get married until 2001. Duncan was already well into his multimillion dollar player contract as well as several endorsements. His prenuptial agreement most likely covered the assets he brought into the marriage and his earnings during the marriage, and future earnings and division of assets after the marriage. NBA star Kobe Bryant, who also got married in 2001 did not have a prenup and half of his estimated $150 million net worth was subject to the divorce in 2011.
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Evan Guthrie Law Firm is licensed to practice law throughout the state of South Carolina. The Evan Guthrie Law Firm practices in the areas of estate planning probate personal injury and divorce and family law. For further information visit his website at http://www.ekglaw.com . Evan Guthrie Law Firm 164 Market Street Suite 362 Charleston SC 29401 843-926-3813