Wealth can’t buy marital bliss, but it seems that a certain amount of wealth can lead to a more amicable divorce. What does a couple’s net worth need to be to settle their divorce amicably? Couples with a higher net worth (defined as $5 million or more in combined assets) may be able to happily come to a consensus with one another
You decided that you wanted to divorce your spouse because they weren’t helping make your marriage better. You often found that you disagreed, and you got tired of all the conflict. Being in the position you are now, you’re concerned that your spouse will try to get half of your business during the divorce. This is a business you’ve run since before
Building and growing a company while you’re married can be a great source of joy and pride for a couple, but that same company might become a source of contention if the couple splits up. For some, trying to determine what to do with a family business is one of the more challenging aspects of a divorce. Absent a prenup,
Having a high net worth definitely comes with its advantages. You’ll have more opportunities to live a fulfilled life, both when it comes to business and pleasure. The more assets you have, the more investment options and choices will present themselves to you. That said, it’s likely that your high net worth didn’t come to you easily. You’ve probably had
Dividing your personal assets during divorce can be one of the more difficult things to do. For some people, the items in their homes hold memories that they want to cherish. For others, the value of specific items makes them want to hold onto them. There is no secret to working through the division of your assets. It will take some
Your spouse has an incredible pension plan. They already earn well over $100,000 per year, and they have a pension. They haven’t been saving much else for retirement because they know that the pension is going to kick in. This has given you a very high standard of living and a lot of security regarding your financial future. You don’t
“The more you have, the more you stand to lose.” That adage is particularly true when it comes to divorce, and a lot of well-heeled spouses are very aware of the fact that they could lose a significant portion of their assets in a marital split. Consequently, there are companies out there that are perfectly happy to help them hide
Many couples, wealthy and not so wealthy, are taking advantage of the benefits that a solid prenuptial agreement can provide. When completed correctly, a prenup can protect your business, establish in writing your financial rights and preserve your assets. In a high net worth divorce, a prenup is invaluable in helping the couple achieve a fair and balanced final settlement.
In Massachusetts and New Hampshire, any divorce proceeding can be complicated with various issues in dispute. If it is a high-asset divorce in which the couple has accrued significant assets, it is likely to have major strife. This is true even if there was a prenuptial or a postnuptial agreement created. Many divorces in which people have vast wealth are
As you move through life and acquire assets, you might lose focus on just how valuable they are, especially as you replace your focus on financial value with sentimental value and emotional attachment. There’s nothing wrong with this, per se, but it can leave you in a difficult position in the event that you find yourself headed toward divorce and
Wealth can’t buy marital bliss, but it seems that a certain amount of wealth can lead to a more amicable divorce. What does a couple’s net worth need to be to settle their divorce amicably? Couples with a higher net worth (defined as $5 million or more in combined assets) may be able to happily come to a consensus with one another
You decided that you wanted to divorce your spouse because they weren’t helping make your marriage better. You often found that you disagreed, and you got tired of all the conflict. Being in the position you are now, you’re concerned that your spouse will try to get half of your business during the divorce. This is a business you’ve run since before
Building and growing a company while you’re married can be a great source of joy and pride for a couple, but that same company might become a source of contention if the couple splits up. For some, trying to determine what to do with a family business is one of the more challenging aspects of a divorce. Absent a prenup,
Having a high net worth definitely comes with its advantages. You’ll have more opportunities to live a fulfilled life, both when it comes to business and pleasure. The more assets you have, the more investment options and choices will present themselves to you. That said, it’s likely that your high net worth didn’t come to you easily. You’ve probably had
Dividing your personal assets during divorce can be one of the more difficult things to do. For some people, the items in their homes hold memories that they want to cherish. For others, the value of specific items makes them want to hold onto them. There is no secret to working through the division of your assets. It will take some
Your spouse has an incredible pension plan. They already earn well over $100,000 per year, and they have a pension. They haven’t been saving much else for retirement because they know that the pension is going to kick in. This has given you a very high standard of living and a lot of security regarding your financial future. You don’t
“The more you have, the more you stand to lose.” That adage is particularly true when it comes to divorce, and a lot of well-heeled spouses are very aware of the fact that they could lose a significant portion of their assets in a marital split. Consequently, there are companies out there that are perfectly happy to help them hide
Many couples, wealthy and not so wealthy, are taking advantage of the benefits that a solid prenuptial agreement can provide. When completed correctly, a prenup can protect your business, establish in writing your financial rights and preserve your assets. In a high net worth divorce, a prenup is invaluable in helping the couple achieve a fair and balanced final settlement.
In Massachusetts and New Hampshire, any divorce proceeding can be complicated with various issues in dispute. If it is a high-asset divorce in which the couple has accrued significant assets, it is likely to have major strife. This is true even if there was a prenuptial or a postnuptial agreement created. Many divorces in which people have vast wealth are
As you move through life and acquire assets, you might lose focus on just how valuable they are, especially as you replace your focus on financial value with sentimental value and emotional attachment. There’s nothing wrong with this, per se, but it can leave you in a difficult position in the event that you find yourself headed toward divorce and
