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'Shark Tank' judge, Robert Herjavec headed for divorce

Florida residents should be interested to know that one of the stars of the hit show "Shark Tank" has called it quits with his spouse. Robert Herjavec has confirmed that his marriage has come to an end. Though it has not been confirmed if the couple has legally filed for divorce, Robert did confirm that they have legally separated for the time being.

The Croatian-born Canadian businessman and cyber tech mogul is best known for his role as one of five entrepreneurs that listen to prospective entrepreneurs' schemes and evaluate them on the show Shark Tank. He is also participating in "Dancing With the Stars," another popular show. Herjavec is believed to have a net worth is in excess of $100 million.

Though he seems disappointed over the end of his marriage to his wife of 25 years, the separation seems amicable. The couple has three children together, two daughters and a son and it is not known whether a prenuptial agreement is in place or not. Often times in high net worth divorces and separations, the length of the marriage makes a big difference in how much alimony is allocated by the court.

In many high asset divorces, divorcing parties may have to get a business valuation conducted. If minor children are involved issues of child custody and child support will be have to discussed and resolved in keeping with the best interests of the child. The process may not necessarily be adversarial in nature. In amicable divorces, mediation or other collaborative alternative dispute resolution techniques may be available to divorcing parties.

Source: The Huffington Post, "'Shark Tank's Robert Herjavic Is Separating After 25 years," Brittany Wong, March 4, 2015

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