In Massachusetts, residents like you who are divorcing your spouse will need to handle splitting your assets, too. The more assets you have, the more complex the potential legal issues related to them may become. We at Kajko, Weisman & Colasanti, LLP, are here to help you work through these possible hurdles.
High assets can make already complex situations even more complicated. In a divorce, there are many cases in which you or your spouse will end up having to split up your shared assets. This can include things like joint savings accounts or retirement funds. For many couples, this can be the source of heated arguments.
Another potential area of concern is alimony or spousal support payments. These payments are determined based on your income and assets at the time of the divorce. One of the biggest issues is the possibility of a spouse hiding some of their assets or income in order to be given a lower spousal support payment order. The more assets you have, the easier it can be for someone to get away with hiding them. Sometimes legal detective work may need to be done in order to uncover all of the assets a spouse may have.
Are you tangled up in a high asset divorce? It is important that you get the help you need. You can start by reading our web page on high net worth divorces, linked here. You can also contact us to learn more about the options available for your unique situation.