In most cases, divorce issues include child custody, child support, alimony and division of marital property. Divorce issues become more complicated when there are high value assets involved. Some of these assets might include numerous real estate holdings, investments, inheritances, businesses, pensions, offshore accounts and much more. In many cases, the main issue is whether the assets are considered marital or community property.
When entering a divorce that has many complex property division issues, you will need an attorney who is experienced in high asset divorces and the intricacies that are often involved. A financial planner may also be helpful, as there could be tax consequences that arise from the divorce.
While litigation may be what you want, mediation and collaborative law are strong alternatives. Mediation is one way to keep the facts of your divorce private. If the divorce ends up in front of the judge, the public will then have access to all of the details.
Mediation allows you to bring forth your standing on various divorce issues. Your soon-to-be ex will do the same. A mediator will listen to each side and try to facilitate an agreement. However, it’s important to ensure that the mediator does not simply brush away some of your concerns or even some property that you want in the divorce.
Collaborative law uses attorneys to present each side’s requirements to the other side. The attorneys try to help in the negotiations; however, if they fail, then the collaborative law attorneys must withdraw from the case. This means you will be starting over with new attorneys and litigation is usually next.
Property division can be a very heated divorce issue. At Laura Dale & Associates, we understand that property division isn’t always about the monetary value of some property. It can also have very strong sentimental value. We will fight for the property you want and deserve while ensuring your rights are protected. To learn more, please visit our webpage on property division.