Ending a marriage can be an emotionally draining process. It can also drain your bank account. These tips can help you protect your assets during a divorce. 1. Know what you are worth Most people have a general idea of their net worth but you may have more assets than...
High Asset Divorce
What is the difference between court-ordered and private mediation?
Divorcing couples usually know a little bit about mediation when they go into their attorney’s offices and have a basic idea of what it is. However, mediation is much more than what people know. It is both integrated into the court system and also, separately, offered...
What is digital asset hiding?
When going through divorce, it is beneficial to understand what digital asset hiding is. After all, any person could potentially engage in this action. What exactly is digital asset hiding? What red flags can you keep an eye out for? How asset hiding via bitcoin works...
Do you have to worry about asset hiding?
When going through a divorce, you always want to know where your assets are and how a court is likely to divide them. This means you should understand what asset hiding is and how to handle it. Active vs passive hiding Forbes talks about some of the crucial components...
How do assets lead to arguments?
When going through divorce, you have likely gotten into arguments at least once over some matter related to assets or finances. But does the amount of assets that you have directly impact whether or not these arguments will happen? Amiable divorce and high-asset...
3 benefits of mediation in high asset divorces
Popular media often feeds audiences' innate love of drama with relationships fraught with tension and fighting. As a result of television and movie portrayals of divorce, many individuals are under the misconception that it has to be a long, drawn-out battle in court....
Can my ex get part of my insurance claim money in TX?
After going wrapping up the divorce and property division process years ago, you might assume you had settled all matters with your ex. However, after filing an insurance claim, you may find out that half of all of the proceeds may go to your former spouse. Is this...
What is a gray divorce and how may it affect my property?
Forbes magazine notes that a “gray” divorce tends to occur after a couple’s children have grown and moved out of their home. Between the ages of 50 and 55, individuals living in new “empty nests” may have more free time to consider life without their spouses. If you...
What should you do with your business for divorce?
You and your soon-to-be-former spouse not only built a marriage, but you also built a business. For your divorce, you must decide how to navigate your company together. American Bar Association breaks down a few strategies for married couples with ownership interests...
Can you cash out your portion of a 401(k) in your divorce?
While your upcoming divorce proceedings in Texas likely signal the welcomed end to your marital tensions, they may also bring with them a good deal of uncertainty. This is especially true if you were not the primary income earner in your marital home. You may find...