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High Asset Divorce Archives

Your spouse's cheating wallet

When you think of infidelity, you probably imagine your spouse romantically involved with someone else behind your back. However, not all infidelity is about love or sex. In fact, a growing number of spouses are unfaithful to their partners in a different way. Maybe you are guilty of it too.

Who gets the house in a high asset divorce?

Contrary to the perfect life portrayed by many actors and performers, celebrity life can be very similar to ours. Divorce might become a reality for many high profile couples, and other legal issues may soon follow. Celebrity divorce might become complex due to the high net worth and media hype of each partner involved. When assets are divided, certain issues need to be resolved before an amicable separation can ensue.

Don't let divorce affect your retirement

Retirement is one of those things that individuals don't always think about until they need it. Many times, after years of hard work and savings, a retirement account represents a significant amount of money. During a divorce, these accounts, like most other assets, can't be subject to marital property laws. And, if your retirement or pension is of high value, you may want to do everything in your power to protect it from property division.

What assets should I look for during my divorce?

If you are in the midst of a divorce and you and your spouse have a high net worth, it may be beneficial to work with an experienced high asset divorce attorney. These types of divorces frequently see one spouse trying to hide assets from the other. By working with a lawyer experienced with high net worth couples, you may have a better chance of discovering hidden assets and having them included in your marital settlement agreement.

Innocent spouse relief can help during a high asset divorce

During a high-asset divorce, financial disclosure statements are looked at closely. Occasionally an in-depth investigation into the financial practices of one spouse can raise concerns for the other spouse. After all, fraudulent or erroneous tax practices can result in serious fines, penalties or even jail time. If you are facing adverse legal consequences during divorce due to your spouse's questionable financial practices, you may be able to request innocent spouse relief.

Innocent spouse relief can help during a high asset divorce

During a high asset divorce, financial disclosure statements are looked at closely. Occasionally an in-depth investigation into the financial practices of one spouse can raise concerns for the other spouse. After all, fraudulent or erroneous tax practices can result in serious fines, penalties or even jail time. If you are facing adverse legal consequences during divorce due to your spouse's questionable financial practices, you may be able to request innocent spouse relief.

Should I try to get the house in a divorce settlement?

If you are approaching a divorce, you likely have concerns regarding your future. It is quite possible that you and your soon-to-be ex-spouse have many assets that are eligible for division. And often a couple's home is, dollar-wise, their most valuable piece of shared property. As such, the question of who gets the house can become a major point of contention.

What can I do if my spouse is draining our marital assets?

Even in the best of marriages, spouses will typically have changing feelings for one another as time passes. Sometimes a spouse may come to realize that the person that he or she married has changed to such a degree that the relationship is no longer healthy.

Three things you should do to protect your assets during your divorce

For couples going through a divorce, their immediate concerns often focus on getting things finalized as soon as possible. They simply want to move forward with their lives. However, it is important these couples understand that this is a serious process, and they need to know the impact that these decisions can have upon their financial future.

How one startup is betting $10,000 on your divorce

There's no disputing that the cost of walking down the aisle has become exceedingly expensive over the last few decades. Consider that a recent survey of 16,000 brides-to-be by a subsidiary of TheKnot.com determined that the average cost of a wedding -- without the honeymoon -- sits at just over $31,000, while even those opting for a smaller ceremony will still more than likely have to shell out a considerable sum for food, music and wedding day clothing.

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