It is important to carefully review the property division determination portion of a divorce proceeding, particularly for high asset divorces.
A divorce signifies more than just the split of a personal partnership with another individual; it is also a financial split. All marital assets and liabilities are split between the couple, with each individual taking a portion. Although the end of a marriage is an emotional process, it is wise to look at the property division determination portion of the proceeding as logically as possible. Allowing emotions to guide these decisions can lead to costly mistakes.
Avoid costly mistakes with these three tips
The potential for costly mistakes is particularly true for high asset couples. Three important considerations that can help reduce the risk of costly mistakes include:
These are just a few of the issues to navigate when going through a divorce. As a result, it is wise for those who are going through the process to contact an experienced high-asset divorce attorney. This legal professional will help guide you through the process and advocate for your rights, working to better ensure your financial health after the divorce is complete.
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Lasiter & Jackson, located in Phoenix, Arizona (AZ), also represents clients in the East Valley and West Valley communities, in Scottsdale, Tempe, Mesa, Chandler, Avondale, Sun City, Gilbert, Surprise, Glendale and Peoria; counties served include Maricopa County and Pinal County.
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