Getting a divorce when you and your spouse have wealth seems easier since there is plenty for you to share. Unfortunately, possessing valuable assets typically does the opposite—it makes your situation more complex. In any divorce, both parties deserve a share of...
High Asset Divorce
Is your spouse hiding assets in the virtual world?
How much do you know about the ins and outs of cryptocurrencies? What about non-fungible tokens (NFTs)? You would not be alone in struggling to grasp the consequences of these virtual assets. That’s why you might need to learn fast if you are divorcing and believe...
What is the “dissipation of assets” in a divorce?
When spouses are divorcing, they sometimes do things just out of spite or to “get back” at each other. Sometimes, the people who do this are otherwise decent and reasonable people who are overwhelmed by what is happening. One way that some spouses take revenge on...
Everything you should know about prenups and postnups
One of the many questions people have before marriage is what happens to their assets if there’s a divorce. Divorce can be messy, and without the right legal moves, people often fear they’ll lose everything they own afterward. Luckily, people have the option to...
What to know about divorce and its impact on your medical practice
Getting a divorce is a challenging process. However, if you have a medical practice, this complicates the situation further. As a medical practitioner, one of the worst things may be the thought of losing what you have worked to build. Understanding the law and your...
Signs your spouse is hiding assets in your divorce
During a divorce, a big part of the process is dividing assets. You and your spouse must list all your assets and debts, which are then divided based on your situation. However, not all people are honest in these situations. Sometimes your spouse may try to hide...
Should you keep the vacation home in divorce?
Many people think about the family home as the property that people going through a divorce may fight over. While it’s true that this home is often the biggest asset, there’s another asset that’s present in some divorces that must be considered. This is the vacation...
Will divorce affect your small business?
When you plan your wedding, the future looks rosy. Together, you anticipate a life full of love and happiness. No one is thinking about divorce or what it could mean for your small business – but they should be. If you are a small business owner you may be concerned...
How will divorce impact your finances?
A person’s standard of living is the lifestyle they’re accustomed to living. Someone who has a net worth of over $1 million will have a much different standard of living than a person who has an annual income of $12,000. While most people don’t think much about their...
What makes high net worth divorces complex?
Division of property is usually one of the most contentious issues during the divorce process. Division of property becomes even more contentious and conflict-riddled when it involves a substantial estate that may include real estate holding, complex trusts,...