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The Differences About High Asset Divorce Cases | Missouri

Kirk C. Stange | 838 Views | 03/09/2015

High Asset Divorce Case

Those going through a high asset divorce really have a lot at stake, because a lot of those individuals have worked very hard to get where they are in life. And so, when they’re going through divorce, they’ve got a lot of concerns. They’re concerned about how they’re able to preserve their assets and kind of maintain that standard of living that they took so much effort and time to build up.

Industry Experts

And so lots of different things that folks going through a high asset divorce ought to at least consider doing, versus maybe individuals who don’t have a lot of assets, I would say is having expert help. In some cases you might want a forensic accountant. You might need an appraiser. You might need what’s called a business evaluator if a business is involved in the case. And so think about expert witnesses. They can become crucial in a high asset case. And then another key piece is really having a good inventory or list of the assets that are out there.

Obviously in a simple case there’s not a whole lot there, but the complex cases, it’s really critical to be very organized, very concise with your attorney, so your attorney knows how to best represent you in the process versus kind of finding out through the case, you know, there’s this asset and that asset that maybe the attorney didn’t know about from day one.

By: Kirk C. Stange

The Differences About High Asset Divorce Cases | Missouri

High Asset Divorce Case

Those going through a high asset divorce really have a lot at stake, because a lot of those individuals have worked very hard to get where they are in life. And so, when they’re going through divorce, they’ve got a lot of concerns. They’re concerned about how they’re able to preserve their assets and kind of maintain that standard of living that they took so much effort and time to build up.

Industry Experts

And so lots of different things that folks going through a high asset divorce ought to at least consider doing, versus maybe individuals who don’t have a lot of assets, I would say is having expert help. In some cases you might want a forensic accountant. You might need an appraiser. You might need what’s called a business evaluator if a business is involved in the case. And so think about expert witnesses. They can become crucial in a high asset case. And then another key piece is really having a good inventory or list of the assets that are out there.

Obviously in a simple case there’s not a whole lot there, but the complex cases, it’s really critical to be very organized, very concise with your attorney, so your attorney knows how to best represent you in the process versus kind of finding out through the case, you know, there’s this asset and that asset that maybe the attorney didn’t know about from day one.

By: Kirk C. Stange