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High Asset Divorce Archives

Wealthier spouse may try to hide value of assets

So you've made the decision to divorce and the fear of the unknown is starting to settle in. Don't worry - you're not alone. Many people from New Orleans have found themselves at the beginning, middle and end of their divorces, still uncertain about what is yet to come. Some of these unknowns may involve your social life and who will remain once the dust from the divorce settles. Others include the personal changes you will go through. Spouses involved in a marital split often wonder how they will change in the subsequent years. Perhaps the scariest source of uncertainty, though, is the financial changes that divorce usually brings, especially when the dissolution is a complex asset divorce.

What about postnuptial agreements?

Many people in New Orleans, Louisiana, have heard of a prenuptial agreement, but what about a postnuptial agreement? Though the two documents are very similar, there is one major difference between the two: prenups are created before the wedding while postnups are created afterward. Both of these give couples the ability to hash out property issues should the marriage ever be dissolved, and in complex asset divorces, this can be extremely beneficial for both parties.

What happens to your insurance during divorce?

Married couples often share insurance policies, usually to save money but also to care for one another. But when spouses stop caring for one another, what happens? There are number of issues that must be tackled during divorce and insurance is definitely one of them. Often, it is a facet that involved parties neglect to address. This may be due to the many types of insurance that married couples often share: disability, long-term care, car, home, health and life. Some of these policies are more prevalent than others, particularly life and health insurance. And in a complex asset divorce, life insurance may be the most important one to address.

Suggestions for your upcoming divorce

The adversarial nature of divorce -- pitting former loved ones against one another -- often calls for strategy. This is particularly true in cases of complex asset divorce because one or both spouses may have a lot invested in the marriage in the form of property and wealth. When the marriage has turned sour and all that is left is the property, a spouse may become an entirely different person.

Couples struggle to remain reasonable during divorce

Former couples that head to court against one another do not often come out with an agreeable outlook toward one another. This is how many divorces go, but it is not necessarily how it should be. Many who go through a complex asset divorce find themselves with high levels of anxiety and stress, wondering what the future will look like. This fear of the unknown can translate into the behaviors that are stereotypically associated with divorce.

Wife receives $3.7 million home and alimony in divorce

The recent finalization of a divorce can mean quite a bit to the spouses involved. Some in Louisiana have felt relieved once their split was finally official. But when the end of a marriage has been complicated and the number of assets has made it contentious, the final moments of the divorce case can feel bittersweet, if not just bitter. The complex asset divorce of the general manager for the New York Yankees seems to have been just like this, considering the circumstances that led to the split.

Why would someone want to seal divorce documents?

When wealthy couples decide to call it quits in Louisiana, it often results in a complicated divorce case. While some divorcing spouses may be able to hash out a divorce settlement with little incident, well-off individuals often argue over high-value property, resulting in a complex asset division process.

Why would someone want to seal divorce documents?

When wealthy couples decide to call it quits in Louisiana, it often results in a complicated divorce case. While some divorcing spouses may be able to hash out a divorce settlement with little incident, well-off individuals often argue over high-value property, resulting in a complex asset division process.

Can a high-asset divorce be made simpler? Perhaps

The longer a couple is married, the more likely it is for them to have accumulated wealth together. This means that if a divorce occurs, the process of property division may take much longer because the finances of the two individuals are extremely intermingled. Because of this, ownership on certain assets may be hard to determine. Some individuals in New Orleans call this complex asset division because of the financial knots created over the years that need to be untied.

Prenup helps eliminate complexities in high asset divorce

One of the more recent Hollywood splits left some people in Louisiana and other states surprised because the divorce was practically over by the time rumors about it coming had leaked through grocery store tabloids. In the majority of cases, a celebrity divorce results in a complex division of assets but the dissolution between Tom Cruise and Katie Holmes seemed to be anything but complex.

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