The Law Firm of Hauer & Snover
Call us today to make an appointment
(248) 258-0800

Preparing for the financial side of a high asset divorce

When facing the end of a marriage, many individuals may have concerns about how the outcome of the situation will affect their lives. Those who possess a considerable amount of assets may wish to safeguard their financial futures throughout this period, but they might be uncertain how best to approach the situation. When facing a high asset divorce, one could benefit from speaking with a family law attorney in Michigan for advice on the financial aspects of a similar process prior to entering negotiations.

While preparing for negotiations, a person may find it advisable to gain an understanding of marital finances. Regardless of one's level of involvement in this area in the past, practicing due diligence could prove crucial. Acquiring documentation of all marital assets may not only assist a person in obtaining the proper value of each in turn, but it could also prove invaluable in preparing him or her for subsequent negotiations.

Much like every divorce is different, so may be the things that each party considers important to life ahead. With numerous aspects to consider, ranging anywhere from the family home to business or investment interests, the process can seem somewhat intimidating. Since the outcome of a divorce can have a substantial impact on a person's future, one might find it advisable to be thorough in exploring every available option, as well as the potential outcomes.

When facing a high asset divorce, one might benefit from seeking assistance in the initial stages of the process. Those who face a similar situation could consider speaking with an experienced attorney for advice on how best to proceed. A family law attorney can discuss the concerns that may arise regarding asset distribution and mitigate the risk of surprises after the divorce is finalized.

Source: CBS News, "Divorce tips for financial security", Jillian Harding, Accessed on Dec. 12, 2017

No Comments

Leave a comment
Comment Information
Email Us For A Response

The Law Firm of Hauer & Snover

The Law Firm of Hauer & Snover
6905 Telegraph Road
Suite 350
Bloomfield Hills, MI 48301

Telephone: 248-258-0800

Fax: 248-258-2750
Map & Directions

How Can We Help You?

Call us today to make an appointment: 248-258-0800 or

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy