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High-asset divorce Archives

Consider carefully which assets you accept in a divorce

Are you in the process of a divorce or think you may be headed that way? If so, make sure that you don't end up getting a raw deal when you divide the marital assets. It's often smart to have a financial advisor on your team as you go through the process of dividing assets -- particularly if those assets are substantial. The larger the assets that have to be divided, the greater the potential for a serious mistake.

Economic prosperity linked to higher divorce rate

You probably realize that severe financial difficulties -- and the resulting stress -- can lead to the breakdown of marital relationships. However, did you know that an abundance of wealth is also capable of destabilizing a relationship? There's a growing body of evidence that indicates that good economic times and personal prosperity are actually bad for the longevity of marriages overall.

Keep your private life out of the public's eye during a divorce

Nobody wants to air all their dirty laundry in public -- and that's especially true when you have significant wealth to your name and belong to an elite social circle. Yet, keeping your private life actually private may not be the first thing on your mind when you're going through a divorce.

Finding assets is a vital part of the divorce process

There are some marital assets that are easier to forget about than others. For instance, you might not think much about digital assets that you don't access regularly, like stocks you manage online or even savings accounts you don't regularly access.

Get prepared, so you can avoid financial surprises during divorce

As a female going through a divorce, you're probably aware that there are a few challenges you may have that others do not. A surprising 46 percent of women asked about divorce stated that it came with financial surprises they weren't prepared for, which is not something you have to go through. Good preparation and knowledge about the divorce process can help you.

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