Whether your divorce process is likely to progress amicably or whether you’re likely to end up in court, it’s important to set expectations and clearly identify your priorities related to asset division as soon as you can. Why? Making these efforts early may impact...
High Net Worth Divorce
3 expensive mistakes to avoid in a high-asset divorce
Divorce is one of the most stressful and emotionally charged events in a person's life. It can also be overwhelming if you have multiple precious assets. It’s easy to make mistakes in your divorce, which can lead to costly consequences. Here are three expensive...
Can both of you work at the family business post-divorce?
You make the decision to divorce because you know you can't continue living with your spouse or sharing financial responsibility with them. The more parts of your life you've combined, the longer it will take to negotiate or litigate matters. Family businesses can...
Will you need a QDRO for your Tennessee divorce?
If you share everything from your housing expenses, bank accounts and credit cards with your spouse, one of the most important steps in a divorce will be separating your finances. The two of you will have to decide who keeps what physical property and how to split...
Financial issues you can’t afford to ignore during your divorce
When you decide to file for divorce, you know there are certain legal issues that must be addressed. You may not realize the financial impact this can have on your life now and in the future. For many people, divorce is full of emotions that can cloud reality. It’s...
What happens to credit cards in a Tennessee divorce?
Couples with a large amount of shared property will have a lot of assets to divide when they divorce. They often have more debts to divide as well, including credit card debt. Even in cases where both spouses are responsible about their credit card use, they may owe...
Start early to protect your wealth in a Tennessee divorce
Getting a divorce is one of the most devastating experiences a person can face in life. The process itself is daunting, and elevated emotions often complicate matters more. If you possess substantial wealth or a significant number of valuable assets, you can expect...
How can I keep my business in a divorce?
Protecting your business is essential in a divorce. Lose your business, and you lose the work you put into its development, your hard-earned reputation and your source of future income. In a divorce, it's usually easy to focus on who gets such assets as the family...
What problems can arise in a high-asset divorce?
Being in a high-asset divorce tends to mean that the divorce is more complex. This is because high assets mean high stakes. The high amount of assets means that uncovering and categorizing all assets can take a longer amount of time, and could be subject to disputes....
The unique pitfalls of a high-asset divorce in Tennessee
Any Tennessee divorce can be difficult, but high-asset divorce cases involving individuals with high net worths can be particularly troublesome to navigate. You might imagine that having more money would make going through a divorce easier, but it can make the whole...