All divorces are stressful, but the stress is amplified in cases with significant financial assets in dispute. The division of marital assets in a high asset divorce is always complicated and requires a skilled and experienced family law expert to ensure you get the best results. Below, the family law attorneys at Oxendine Law explain in detail what constitutes a high asset divorce and provide some tips for people who find themselves in this situation.

Technically speaking, there is no specific number or financial threshold that defines a case as a “high asset divorce”. The terminology is simply used to describe divorces among couples with especially high net worths, significant assets, multiple properties and/or substantial investment accounts. Division of these assets can be especially complicated, but that does not necessarily mean it will be contentious. Contrarily, most high asset divorce cases have skilled attorneys and financial experts involved which makes the division easier for the parties.

If you believe you are toward a high asset divorce yourself, here are a few tips to help you prepare:

• Review and organize your assets. It’s important to have accurate appraisals and valuations of everything that might be divided during a divorce. In addition to the obvious stuff, don’t forget businesses, executive compensation, jewelry and other valuables.
• Keep your future needs in mind. People become accustomed to a certain standard of living over time. With this in mind, planning for your future during a high asset divorce is critical. Your attorney should be able to help you.
• Try to keep things private. We strongly recommend keeping as low a profile as possible during your divorce, especially when it comes to social media.

Our legal team at Oxendine Law has many years of experience guiding our clients through high asset divorce proceedings. We specialize in helping our clients pursue their goal of retaining their assets in the most civil, professional, and effective manner possible. To learn more about how we can help with your divorce, contact Oxendine Law at (770) 497-8688 today to schedule a family law consultation in-person, over the phone, or by video conference. And follow along with us on Facebook and Instagram for additional family law tips, news, radio segments, and more.