When you’re going through a high-asset divorce, there are some practical tips that can help you come out ahead. Being able to approach your divorce with the right information and knowledge makes a difference so that you’re able to move forward in your life knowing you made good decisions during your divorce.
Here are three practical steps to take so that your divorce moves more smoothly. Each one has its own benefits to consider.
1. Get your assets in order
To start with, make sure you identify your assets and have them appraised. Appraisals will help you know how much your assets are worth, so you can negotiate properly.
2. Call your attorney
Secondly, reach out to your attorney with your list of assets and their values. You will want to retain your own attorney, not your spouse’s, for help during the divorce. When your divorce is complex and has many aspects to it, you’ll want an attorney on board who is familiar with the state and federal laws that may apply.
3. Keep the case private
If it’s possible, it’s best to keep your case out of court. If you go through a divorce hearing or trial, anything that happens could be accessed by the public. If you have large holdings, that’s the last thing you may want to have happen. Settling outside court will keep your divorce much more private.
These are three tips to help you with your high-asset divorce. If you need help, remember that your attorney is there to help guide you through this process.