Although not the most expensive divorce of all time, the nearly $1 billion divorce settlement recently announced between oilman Harold Hamm and his ex-wife Sue Ann Hamm is set to lighten Harold’s wallet a bit.

But beyond the headline-grabbing dollar amount of the Hamms’ divorce settlement, the resolution offers an opportunity for married couples (as well as those who aren’t yet married, but plan to be someday) to take a closer look at the laws governing the division of assets following a divorce.

What lessons can be learned from the Hamms’ billion-dollar divorce? Here are three:

To learn more about division of assets, alimony, and divorce laws in your state, check out FindLaw’s section on Divorce.

Related Resources:

  • Browse Divorce Lawyers by Location (FindLaw)
  • Exclusive: Ex-wife of US oil baron to appeal $1 billion divorce award (Reuters)
  • Expensive Weddings Lead to Higher Risk of Divorce: Study (FindLaw’s Law and Daily Life)
  • What Happens If You Don’t Respond to Divorce Papers? (FindLaw’s Law and Daily Life)

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