Kathy D. Sheive Attorney at Law

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Weigh your options for property division in a high-asset divorce

High-asset divorces pose a challenge because of the dynamics of the property division process. If you are in the midst of a high-asset divorce or are thinking of filing for divorce, make sure that you are prepared to deal with the negotiations that will need to take place. Don't worry, we can help you along the way.

One issue that often comes up in a high-asset divorce is that both parties have very strong opinions about how the assets should be divided. In some cases, the situation is something that seems to have no good answer. This is when you need to take the time to reevaluate your position.

There are two choices that we have for determining how the property division process will go. Either you and your ex can work together to divvy everything up or the court will do it for you. It might seem easier to say that you just want the court to do it, but if you go that route, you can't guarantee that you will get any of the assets that are on the list of desirable ones that you have created.

We know that it is hard to think about having to part with some of the items you worked hard to obtain. At this point, you have to think about whether it is more important for you to be able to fully let go of your ex by getting the divorce finalized or whether it is better for you to fight tooth and nail to keep material possessions. Once you have the answer to that question, you will be able to decide on a plan for the divorce.

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