Anyone who is going through a divorce probably has some concerns about how things will be handled. For the people who have amassed considerable assets, the concern is multiplied. There are several different things that have to be considered in a high asset divorce. While all of these aren't present in every high asset divorce, there are some important considerations in many of these divorces.
Property division is a huge concern because this includes retirement accounts, investment accounts, bank accounts, real property, businesses and any other assets that a couple has. It also includes liabilities, including loans and credit card debt.
As you think about how property is going to be divided, don't fall into the temptation of holding on to something because of your emotional attachment. Instead, we can help you to look at the practical points of each option that is presented in the property division process.
You will also have to consider support obligations. In our previous blog post, we discussed how alimony isn't automatic. You will have to seek alimony if you think you need it. If you are being asked to pay, you will either have to accept the request or fight against it.
Alimony isn't the only support obligation that might occur. If you have children, child support is likely going to come up. This would be part of the child custody process because child support depends largely on where the child lives and the finances of both parents.
As you can imagine, coming to an agreement with your ex on all of these matters might be challenging. We know that it isn't impossible, so we will help you to work toward that goal.