April 22, 2021

Focusing on Property and Debt in a High-Asset Divorce Case

Your future is at stake in a divorce case. Post-divorce life might look quite different than married life, no matter how long the marriage lasted. How can you prepare for a potentially drastic life change? For those who are going to be in a high-asset divorce case, focusing on property and debt could be crucial.

Preparation and focus is the key

There are many issues that need to be addressed in any given divorce case, from property division and alimony to child custody and child support. But, in high-asset divorces, the property and debt division part of the case can quickly rise to the top of a person’s list of concerns. After all, you probably spent years accumulating the assets that will now, perhaps, be subject to division.

High-asset divorces should start with a great deal of preparation. You need to know your full financial situation, and so does your attorney. Then, as an understanding of what is at stake in the case becomes clear, the focus can switch to devising the best strategy for keeping what you have earned.

Business interests, retirement accounts, real estate, artwork, jewelry – these are all assets that might come up in your divorce case, with your long-term financial security on the line. At our law firm, we work with Michigan residents who are going to be focused on getting what they deserve in a high-asset divorce, and preventing debt that isn’t your concern from shifting to your responsibility. For more information, please visit the high-asset divorce overview section of our law firm’s website.