High-Asset Divorce Lawyer in Carmel, IN
Providing Responsive, Prompt, and Practical Service
While each divorce has its own set of challenges, high net-worth divorces tend to be particularly complex, especially financially. When you have more properties to divide, more documents to sort through and each spouse essentially has more to lose and gain, the room for error is endless. Don’t trust your divorce to just anyone, seek the legal advice of a firm passionate about protecting your interests.
Our attorneys at HOLLINGSWORTH ROBERTS MEANS Attorneys at Law understand how stressful it is to go through a divorce, and we want to guide you through the legal process, making it as easy as possible. We are confident our respected legal team can handle your complex divorce, review every detail and ensure you reach a fair, agreeable outcome.
What You Need to Know About High Net-Worth Divorce
A divorce is considered high-asset if one or both individuals has a high net-worth, resulting in more tangible and intangible assets. This type of divorce has the potential to become problematic and complex quickly because of the large quantity of assets.
When you trust HOLLINGSWORTH ROBERTS MEANS Attorneys at Law with your high-asset divorce, we can help divide and/or negotiate the following:
- Large estates or properties
- Stocks and bonds
- Businesses and business interests
- Investment real estate
- Vacation properties
- High-value assets (boats, vehicles, art collections, etc.)
Our practiced attorneys will also help you with complicated issues concerning existing prenuptial agreements, child custody agreements, alimony, tax or debt issues, and hidden assets.
How to Prepare for Divorce
Going through a divorce can be messy, both financially and emotionally, so doing everything you can to prepare for the process can help save you and your family unnecessary stress and hassle. At HOLLINGSWORTH ROBERTS MEANS, we encourage you to take stock of your finances, know which steps you need to take to move forward and make the divorce as quick and painless as possible.
1. Gather Financial Records. Be sure to collect bank statements, investments, property documents, tax returns, payroll stubs, benefits information, or any other important documents. Keeping your own records of everything will help speed along the divorce process and can protect you in case any record is disputed.
2. Save for Professional Fees. Cut expenses, budget, and prepare to pay for your divorce. Professional fees might include legal fees, the cost of financial advisers, additional fees regarding childcare while you and your ex-spouse are in court, and any counseling or therapy fees for yourself or your children.
3. Open New Bank Accounts and Credit Cards. If you and your spouse shared joint accounts, it’s a good idea to open bank accounts and credit cards that are only accessible by you. Make sure any direct deposits are transferred to your new account.
4. Monitor Your Credit Report. Print out your credit report for your records, and monitor it throughout your divorce. If you have any outstanding issues, handle them as soon as you are able, and pay close attention to any possible changes. If anything comes up on your credit score that seems suspicious or concerning, contact your lawyer.
5. Change Your Will and Medical Directives. Contact your attorney and go over your estate plan, will, medical directives, and any other relevant documents to remove your ex-spouse. Be sure to name a trusted family member or friend with medical and financial power of attorney, should anything happen to you.
6. Take Inventory of All Assets. Evaluate what you owned jointly or invested in once you were married, and what you owned on your own. Your individual assets are typically things you owned prior to marriage, inherited, or anything that was given solely to you. Take photos of your possessions (jewelry, heirlooms, etc.) and keep any relevant documentation or receipts.
7. Professional Help. No matter how self-sufficient you are, divorce is complicated, and having professional advice will not only make the process easier and faster, it will likely save you money in the end. Also consider seeking professional help to maintain a healthy mental and emotional state. Family and friends are invaluable and it is a good idea to go to them for support, but an unbiased opinion can be invaluable, so consider seeing a therapist.
8. Stay Healthy. Do not underestimate the importance of your health. Divorce isn’t a sprint, it’s a marathon, one in which you need to be healthy and resilient in order to finish strong. Prioritize time with your family and friends, and allow yourself time to let go and relax whenever you can.
Trust the Best, Legal Guidance from HOLLINGSWORTH ROBERTS MEANS Attorneys at Law
High-asset divorces require particular attention to detail in all financial matters and precise care concerning all paperwork and documents. We understand the importance of your divorce, and we do not take the legalities lightly. At HOLLINGSWORTH ROBERTS MEANS Attorneys at Law, we invest our time and energy in your case, devoting our best efforts to ensuring your divorce is handled as amicably as possible, and as aggressively as necessary.
Contact HOLLINGSWORTH ROBERTS MEANS Attorneys at Law for a consultation regarding your case.