Know what to do to prepare for a high-asset divorce

On Behalf of | Jun 5, 2019 | High-Asset Divorce |

High-asset divorces are different than others because they involve a high potential for loss. Not taking the right steps to protect yourself during a high-asset divorce can mean that you lose more than necessary during the divorce, leaving you with less when all is said and done.

In a high-asset divorce, there is often a pre- or postnuptial agreement in place but not always. If you do have one and want to challenge it, your attorney will review the agreement and determine if it should be held out as valid. If not, you can petition the court to have it invalidated.

If there is no prenuptial or postnuptial agreement, then you and your spouse should try to work together to resolve any divorce conflicts. If you can’t, then you will go to trial and have a judge determine who leaves with which assets. The good news is that your attorney can help negotiate on your behalf and is very familiar with the legal process, so it may be easier to resolve the case with legal support.

What should you do if your spouse isn’t being reasonable?

There are options like going through mediation or arbitration, but if your spouse doesn’t want to be reasonable with you, then you may have no other option than to go to trial. In that case, your attorney will help you prepare for everything that a trial entails so that you are prepared to fight for the assets you want to retain after your divorce. Our site has more on what you can do to protect yourself in a high-asset divorce.