3 tips for a better high-asset divorce

Flicker, Kerin, Kruger & Bissada LLP

You have a lot of money invested into your marriage, and it makes sense that you’d be worried about it. California is a community property state so that means that your marital property is likely to be divided right down the middle. If you’re the one who has invested the most into the marriage, this can be terrifying and frustrating.

Fortunately, there are some tips to help you get through your high-asset divorce. Here are three to consider.

1. Discuss a settlement

The first thing you may want to do is to talk to your spouse about a settlement. You may be surprised, and they may be alright with walking away with less. Some people understand that they did not invest as much time or effort into a marriage and won’t push for half.

2. Get an attorney on your side

Another good tip is to get an attorney on your side as soon as possible. You want to have someone there who can help you with the law as well as making sure you find all your assets and note them correctly.

3. Get appraisals early

The next thing to do is to make sure you get appraisals performed early on in your discussions. Knowing what your assets are worth goes a long way in coming up with a fair settlement.

With these tips, you can get closer to resolving your divorce with your own best interests in mind. The right help can make a major difference so that you know more of what to expect and how to protect yourself.

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