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A practical approach to a high-asset, high-stakes divorce

On Behalf of | Dec 2, 2017 | Blog |

Are you planning to divorce in the near future? Even if you have not yet filed, there are various things that you can do to prepare yourself for the process that lies ahead. It can be immensely useful to prepare well for a divorce, especially when there are high-value assets or significant money at stake.

A high-asset divorce is often a high-stress divorce, but when you know how to protect yourself and your future interests, you can significantly reduce the stress associated with this process. When you approach your divorce practically and with a clear view of your best post-divorce future, you can make decisions that are truly in your best interests.

Getting ready for what lies ahead

It is no secret to Michigan readers that divorce is an emotional and complicated process. When there are complex and valuable assets at stake, this can increase the chance of contention and difficult battles between the two parties, but you do not have to let your emotions lead you during this already difficult time. The following are a few steps you can take to make your high-asset divorce simpler and less stressful:

  • Get help early: May people mistakenly believe that they only need an attorney when they are ready to file. This is not the case. You can benefit from experienced legal guidance as early as possible, even when you are simply considering your legal options.
  • Hold your cards close: You may not know it, but there is the possibility that the details of your divorce could become publicly accessible. Fortunately, you can take certain steps to protect your private information.
  • Know about assets: You cannot reach a fair and equitable divorce settlement if your spouse is hiding assets. You would be wise to seek a full understanding of all of the assets to which you have a rightful claim.

Instead of allowing temporary feelings to motivate how you make your decisions during a divorce, preparation can help you lay these feelings aside and work for a final order that is truly beneficial for you.

Your financial future is at stake

You may know that your financial future is at stake during your divorce, but you do not have to navigate these complex issues on your own. The road may be difficult, but with help, guidance and an understanding of your rights, you can emerge from this process and move on toward a secure and stable financial future.