Getting divorced can be an unsettling process no matter what a couple’s net worth may be in San Antonio. However, the stakes are understandably higher when wealthy individuals decide to break up. Here is a look at how a high-asset divorce differs from a typical divorce.
A key difference between a divorce involving high-value assets and an ordinary divorce is the types of assets that must be divided. Affluent individuals often keep their wealth in the form of stocks. In fact, during the past few decades, many affluent individuals have received stock options that are highly lucrative in companies that are rapidly growing.
Of course, having a large amount of wealth in the form of stocks rather than cash can make the property division process more complex than it may be for people who get divorced with nothing more than savings accounts, retirement accounts, houses and cars, for example. This is because assessing stocks’ value is not always a straightforward process. In addition, affluent individuals often have valuable collections that can be challenging to value, such as a collection of rare instruments.
Still, navigating the divorce process can no doubt be complicated for people of all income and asset levels, as both parties may have trouble finding common ground when it comes to the distribution of their assets or issues like alimony. Fortunately, an attorney in San Antonio can provide the guidance needed to pursue the most personally favorable outcome possible. The attorney’s ultimate goal is to make sure that the client’s best interests are protected during the divorce proceeding.