When you think about high-value assets, you likely think of real estate, investments and perhaps even cash that you have on hand. You want to divide your financial assets up properly, which mean selling physical assets -- the house -- to split up the value.
You have probably heard people talk about financial issues and how they can lead to divorce. Most of the time, these stories refer to couples who can't pay the bills. When money gets tight, it creates a lot of stress, and this often leads people to seek a divorce.
High-asset divorces can present many complexities because there is a lot at stake for both spouses. High-asset divorces are more likely to lead to conflict and complex litigation since spouses are more inclined to engage in aggressive tactics such as hiding assets.
In a high-asset divorce, one of the potential issues you may face is if your spouse decides to hide assets. They do this because they don't want to split those assets with you, and they may think that you don't know enough about the family finances to even notice what you're missing. Hiding assets may be illegal, but it does happen.
We all want the best for our children, and this means that we do everything we can to ensure their success both academically and socially. However, we can't always control the challenges that we face in life. If you are approaching divorce as a parent, it is likely that you are concerned about the way that this could affect your child.
It's unfortunately common for spouses to become hostile toward each other during the divorce process. This hostility can cause petty arguments and unnecessary stress. Typically, divorcing spouses who are able to collaborate in a civilized way get the most positive outcome from a divorce.
When people imagine their future, it is unlikely that being a co-parent is what they envision for their family. However, the reality is that relationships do not always work out and co-parenting can be still a successful way to rear your children to be happy and healthy individuals.
Fighting for the right to see your children and being denied visitation can be a heartbreaking situation to be in. You may feel like giving up after you have been denied visitation because you believe that there is no possible way forward. However, there are always options, especially if you are convinced that you are able to make a positive impact on your child's life.
When parents separate, it can often mean that one or both of them will decide to relocate to a different town, city or state. The parents will have their own reasons for doing so: Perhaps they want to be closer to family or they want to gain new career opportunities. However, relocation after a parental separation can have implications for the children.
Change is often a good thing. For one, it brings about growth. But if your recent changes involve separation or divorce and this is your first holiday as newly single, change can feel about as welcome as a skunk at a garden party.