Berman & Asbel, LLP

4 Parties Who Can Help You Through a High-Asset Divorce

Divorces involving substantial amounts of money or property have the potential to turn into all-out battles, considering all that may be at stake. In high-asset divorces, people aren't just fighting over a single home or thousands of dollars; they can be fighting over a lucrative business or millions of dollars.

With all this in mind, you should know that securing a fair divorce is going to take some work. Thankfully, you don't have to do this alone. You can work with the following four parties who can help you tackle the various elements of your divorce and avoid some common mistakes to ensure you get a fair, satisfactory settlement.

  1. A financial investigator: Unraveling the details of your marital finances can be incredibly difficult, particularly if your ex is hiding assets. A financial investigator can examine the assets and liabilities involved in your divorce and spot any inaccuracies or inconsistencies.
  2. A counselor or therapist: Emotions like guilt, anger, sadness and fear can cloud your judgment during divorce. Unresolved and ignored, they can contribute to more fights or ill-advised concessions. Prioritizing and addressing your emotional needs with a therapist can help clear your head and concentrate on the non-emotional elements of divorce.
  3. Your ex: As much as you may hate or distrust your ex, he or she will have an impact on the trajectory of your divorce. While this doesn't mean you should always play nice, understand that he or she has the power to drag a divorce out and fight dirty. Doing what you can to prevent this can help keep the process moving as amicably as possible.
  4. Your attorney: A legal representative will be crucial in any high-asset divorce. He or she will be the one fighting to protect your best interests and helping you navigate the legal process to negotiate a fair settlement. Your attorney will take care of the paperwork and legal motions, allowing you to focus on rebuilding your life. Without an attorney who is familiar with the challenges of a high-asset divorce, you could wind up making expensive mistakes and jeopardizing your short- and long-term financial well-being.

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