Divorce is a challenging and emotional process, regardless of the assets involved. However, when it comes to high-asset divorces, the complexity of the situation increases significantly. The division of property, alimony, child support, tax implications, and complex business interests can make high-asset divorces more complicated than traditional ones.
In this guide, we will explore why high-asset divorces can be more complex than traditional divorces.
Division of Property
The division of property is one of the most contentious issues in any divorce case. In high-asset divorces, the complexity of the division of property is increased exponentially. There are often multiple properties, businesses, investment portfolios, and retirement accounts to divide. Valuing these assets accurately can be a daunting task, and a skilled attorney is required to ensure that the division of property is equitable....