Divorce is an upsetting process regardless of circumstances, but adding a high net worth to the equation makes it more challenging. It is a good idea to go into the process with a strong sense of what to expect. A high net worth divorce attorney will usually tell a client to anticipate or do the following three things.
Know the State's Laws
Plenty of issues in the divorce process boil down to how your state approaches the question of what does or doesn't count as marital property.
Divorce can be a confusing time and the amount of paperwork that comes from a divorce action can be overwhelming. To help sort things out, the below explains what to expect so that you can be ready when paperwork is requested or arrives at your home.
Some states require this document, and some do not. However, it's very useful in any case. Your divorce lawyer can help you lay out how you want things to be during your separation.
The law doesn't condone torture, even among minors. Therefore, your child can get arrested for torturing their peers. However, some people mistake bullying and other physical activities for torture. As such, someone can wrongly accuse your kid of torture, and they may get punished for a crime they didn't commit. You should consider hiring a criminal defense attorney when faced with such a situation. Here's what you need to know about these charges, their consequences, and the possible defenses.
If your marriage is about to be over, know that there is more than one way to go about things. Read on and learn more about the various ways for a couple to legally end their marriage.
Agree to Disagree
An uncontested divorce is the easiest way to end a (legal) marriage. When a divorce is uncontested, it doesn't just mean that you both agree on the divorce but also on every single divorce issue.
Many have heard that it's important to avoid probate. However, they may also have the wrong idea about what probate is and how to avoid it. Read on and learn more so that you can use the facts to plan for your estate.
What is Probate?
Probate came about as a way to handle things after someone has passed away. Specifically, probate created a legal method to deal with those owed money by the deceased.