A divorce is a painful time. You are moving forward with a new life that you will no longer share with your soon-to-be ex. You have many things to consider, particularly if you have a substantial amount of assets. You want to get what is fair. Here are four things to think about when you are going through a high net worth divorce.
It is no secret that every Massachusetts divorce is different and that what works for one divorcing couple may not necessarily do so for the next. In other words, if you or your spouse are particularly high earners, or if one of you has an especially complicated financial profile, your divorce may take longer than one involving two low-income earners who were only married a short while.
Legal words and terms are often thrown around when people are discussing a dispute or court case, but just as often, the average person does not have a full understanding of legal definitions and the different types of dispute resolution methods, including litigation and alternative dispute resolution. If you are like many other Massachusetts residents, you might also wonder what entails a civil case.
Nobody expects divorce to be easy, but some of the complications Massachusetts couples have when they decide to formally end their marriages would probably surprise you. Many of the things you simply shared during your partnership would likely take on a whole new aspect after you decided to split up.
Leaving your lifeblood in the hands of someone else is rarely easy, but the more time and energy you spend on your Massachusetts business succession plan, the smoother you can expect the process to go. At Kajko, Wiseman & Colasanti, LLP, we have a firm understanding of the elements commonly found in a strong business succession plan, and we have helped many clients facing similar circumstances find solutions that meet their unique needs.