High Net Worth Divorce cases can be complicated and highly emotional. The proceedings (litigation) or negotiations (mediation) can be exhausting as both parties wrestle for what they feel they deserve.
As a skilled high net worth psychologically-trained divorce attorney/mediator, I tell clients who have valuable assets that proceeding skillfully and carefully is key. Every decision must be evaluated both financially and emotionally. Above all, it is important to protect yourself!
There are three common high net worth divorce mistakes you want to avoid!
1. Don’t Let Emotions Take OverDivorce is an emotional mess. You will feel angry, sad, guilty, scared, and that’s just a few of the emotions. But you can’t let your emotions dictate your decisions. When it comes to division of property or assets don’t make decisions based on guilt or anger. Don’t waive alimony, give away an asset without thought, or fight over a property, just because…
Stay centered, and be guided by professionals: a uniquely skilled divorce attorney, mediator and financial experts can support these very important decisions.
2. Don’t Hide AssetsThis behavior will not serve you well. I know you’ll be tempted-but don’t do it! This action can easily be exposed, and you will look guilty. You could actually face charges and fines for hiding assets in a divorce.
More importantly, you can hurt your credibility. This can have a profound impact on all the other decisions in your case. Your opportunity for fair and reasonable negotiations will be lost!
3. Don’t Be SloppyYou will be asked to detail your assets, investments, liabilities, debts etc. Take your time and fill out your Statement of Net Worth thoroughly and accurately.
Your lawyer can help you with this process.
Your assets may include checking, savings, bank accounts, property, investment portfolios, businesses, homes, stock, bonds, retirement accounts, boats, airplanes, etc. Don’t leave anything out!
As a psychologically-trained divorce attorney and mediator with over 35 years experience, I am highly skilled at handling the strategies necessary, both financially and psychologically, to address asset valuations, interpretation of shareholder agreements, and the intricacies of dividing investment portfolios and stock options.
If you have a high net worth divorce which requires smart decision making to manage sensitive details call me; I will handle your divorce with expertise that will ensure you get the best results.
You may already be working with a tax attorney for help with your business matters. But in your divorce you will need a divorce specialist to guide you through the complexities of marital asset division, child custody, spousal support and child support.
I can also advise you on the best method for your divorce process whether it be litigation, negotiation or divorce mediation.
All our FREE CONSULTATIONS are still available virtually!
I look forward to speaking with you!
Warm regards,
Lois
Need a Superb Divorce Attorney/Mediator to help you protect your high net worth?
Lois Brenner is an experienced, dedicated lawyer specializing in high net worth divorces.
New York divorce attorney Lois Brenner still has some appointments available this week.
Please call to schedule your FREE consultation now. 212.734.1551.