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High Asset Divorce Archives

Mistakes to avoid in a high asset divorce

All divorces come with the risk of making mistakes. However, in a high asset divorce, avoiding mistakes can make all the difference in one party receiving a fair settlement. The problem for many Connecticut residents is that they do not know what a mistake is and what is not a mistake. This is especially true for those who have never experienced a divorce.

Connecticut ranks 18th for overall happiness level

While the United States divorce rate has been stated as around 50 percent of all marriages, there are some areas of the country that have fewer divorces than others. While the reasons for fewer divorces may not be obvious, one thing that you can see is where people are living when they have fewer divorces. Interestingly, Connecticut is a state where fewer divorces take place.

What forms are required for a high-asset divorce with kids?

As you likely already know, divorcing with kids is not as straightforward as divorcing without them. This is so in both high-asset divorces and in divorces with few assets. If you plan to forego attorney representation and do the work yourself, you will face an array of forms to file -- more of them than you would have to file when divorcing without children.

What kind of professionals will strengthen my high asset divorce?

Almost no divorce is easy. Legal issues can arise in all areas of divorce from child custody and support to alimony and property division. However, a high asset divorce is particularly prone to conflicts and disputes that can escalate into an all-out battle. Such a battle puts you in a vulnerable position regarding your divorce, your overall finances and your emotional well-being.

Avoiding mistakes in a Connecticut high asset divorce

As divorce attorneys serving residents in the Hartford region of Connecticut, we have assisted many couples with valuable assets. We see two approaches to wealth by these individuals: One group frets over the finances constantly to make sure everything adds up as it should; the other group tends not to pay that much attention because they assume they will always have access to the funds they need.

What are some tips for a fair high asset divorce in Connecticut?

The statement that money can complicate anything contains a great deal of truth. You probably already know that divorcing is challenging in and of itself. Add money to the mix and chaos can reign unchecked. For many, it is not about the actual money in a high asset divorce. Rather, it is about fair treatment and not being taken advantage of.

High-asset divorce requires you to think carefully

In our previous blog post, we discussed how you should be wary if your ex claims a sudden decrease in business income when you file for a divorce. This is only one clue that you should look at if you think something is amiss with your ex's finances. We can help you to evaluate every aspect of the case so that we can help you to fight for the divorce settlement that you deserve.

Be wary of claims of reduced business income during divorce

Divorce proceedings don't exactly bring out the best in people. Instead, these proceedings can make people do things they might not usually do. If your spouse owns a business, you need to be on the lookout for a sudden financial shift in the business.

High-asset divorces are complex but not impossible

Going through a divorce is a life upheaval that many people don't ever want to deal with. When you find yourself in a position that requires you to think about having to work out the terms of a divorce, you should be sure that you carefully consider all of the options you have before you.

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