Not all divorces are the same. When a couple has significant wealth, their divorce often involves more complexity and higher financial stakes.
A high asset divorce can include business interests, investment portfolios, multiple properties and hidden assets. These cases require more time and careful analysis than a standard divorce.
Valuing complex assets takes time
In high-asset divorces, it’s not just about dividing up bank accounts. Couples may share ownership of businesses, stock options, retirement plans or luxury assets. Each of these assets must be accurately valued. This usually involves appraisers and forensic accountants. The process can often cause disagreements, which may delay the outcome.
Property division becomes more contested
Most states follow either community property or equitable distribution rules. In high-asset cases, even these general rules can be difficult to apply. One spouse may argue that certain property is separate and not subject to division. Tracing the history of each asset becomes important, especially if funds were combined over time. Prenuptial and postnuptial agreements may also affect how assets are split, although these documents are sometimes disputed.
Privacy concerns are often higher
Public exposure is another common issue. High-asset couples often want to keep sensitive financial details private. Standard divorce filings can reveal income, debts and lifestyle habits. To reduce public visibility, some couples request sealed records or handle negotiations outside of court.
Tax issues can complicate settlements
Large estates often come with tax consequences. Transferring property, dividing retirement accounts or selling investments can create tax liabilities.
A high-asset divorce differs from a standard divorce in both scale and complexity. The financial, legal and privacy concerns involved make these cases more challenging to resolve. That’s why it’s so important to have legal guidance on your side.
