Get your property division settlement right the first time around

When you realize it's time for divorce, you may feel overwhelmed or so distraught that you simply want to bury your head in the sand and wait for it to pass over. Unfortunately, a divorce can have enormous implications for those with significant assets. Unless these issues receive proper attention, despondent divorcees may wake one morning to realize that they missed an important opportunity by failing to fully engage in the divorce process.

High asset divorce is never easy, but it doesn't have to be mean or messy. However, it is important to get the property division agreement right the first time around. Otherwise, you risk losing out on assets you rightfully deserve. Similarly, attempting to modify a property division agreement after a divorce is finalized is always a gamble. That process may take so much time and resources to redress that it drains your assets unnecessarily.

If you and your soon-to-be ex-spouse are facing a complex asset division process, prioritize the settlement of this issue fairly and professionally, for both of your sakes. Proper guidance from an attorney who understands complex asset division issues can:

  • Help you understand what is at stake in your divorce
  • Do the heavy lifting for you
  • Keep your rights and priorities protected

Post-divorce modification

If you do not stick the landing on the property division in your initial divorce proceeding, your challenges can multiply. What if the value of some of these assets changes radically before you move forward with modification? Even a matter of months can change the values of these assets significantly, especially when it comes to assets like business interests, real estate or stock market investments.

Furthermore, once you finalize your divorce, each of you are free to do what you want with the assets you retain. This means that by the time you renegotiate asset division, your spouse may divest him- or herself of the assets altogether.

While property division modifications are attainable after divorce, it is much easier to prioritize keeping everything your deserve the first time around.

Before starting the property division process, get help assessing your needs and learn about your options. You may find that you have opportunities you did not know about.

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