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

Entering complex, high asset divorce? Know your options

Navigating the divorce process in Michigan or another state typically involves several types of challenges, including negotiating terms for new parenting plans (in cases that apply) as well as property division issues and/or spousal support. When existing assets are of higher-than-average value, things can get complicated. This is known as a high asset divorce; it is also the type of divorce where most people choose to seek experienced legal support. 

Researching what types of options are available ahead of time is always better than simply showing up in court hoping to obtain a satisfactory outcome. Informed decisions and purposeful actions are keys to protecting one's interests and rights in a high asset divorce. Such divorces often carry business or tax implications. Involved parties may also face challenges regarding various domestic or off-shore bank accounts, retirement funds or real estate issues.  

It is understandable that those entering high asset divorce may want to avoid litigation if possible. Divorce mediation may prove a viable alternative in such cases. Spouses choosing mediation must agree to peacefully discuss and resolve all issues with a common goal in mind for obtaining a mutually acceptable agreement.  

If a particular high asset divorce situation has prompted strong emotions on either or both sides, and a communication breakdown has occurred between spouses, mediation may not be the best choice. Litigation is often needed to help find fair solutions to problems related to finances, property or children when spouses involved are unable to resolve their differences on their own. A Michigan family law attorney can help alleviate a spouse's stress by acting on his or her behalf in court.     

Source: FindLaw, "Complex Divorce Cases", Accessed on May 2, 2018

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
disclaimer.

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.

close

Privacy Policy