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There may be multiple homes or real estate properties at stake

Posted: Sat Dec 28, 2024 4:14 am
by Monira64
other areas where arrangements can be made on more agreeable terms. At the same time, working with the wrong lawyer or going ahead with a high asset divorce without seeking legal counsel can leave you compromising on or losing access to important assets that you should never have had to even consider as part of the divorce settlement.

Mis-calculating alimony: Paying too much in alimony is a very real concern in a high asset divorce. California does not offer clear cut alimony guidelines for higher earning parents. Instead, a variety of factors are taken into account under the California Family Code. Having an experienced attorney by your side can help ensure that every point possible is taken into consideration to guarantee fair alimony payments.

Excessive child support payments: Likewise, California’s child list of albania whatsapp phone numbers support guideline is not tailored to the needs of a high net worth family with one or more shared children. Many additional expenses arise in a high income family with multiple homes, the possibility of international travel or habitation, and more. Working with an attorney can protect your child’s needs and help ensure that additional child support payments are not used to fund your former spouse’s lifestyle.

Concealed assets: When one spouse determines that the other has concealed bank accounts, portfolios, or out-of-state investments from the other, it can greatly change the outcome of a high asset divorce. Unearthing these assets can shape alimony considerations, child support payments, and other areas of negotiation.