It’s something you thought would never happen to you. When a couple gets married, they never want to think of the dreaded “D” word. Divorce happens every day and it’s important to have your finances secure before going through the process of a divorce. High asset...
How to reduce the tax impact of alimony
One thing many couples fail to realize about a divorce is how it will impact their tax liability. If you are not careful, your tax liability could create some financial headaches. You need to incorporate tax planning into your divorce process and when making decisions...
Four tips for settling a high-asset divorce
Divorce is always a challenging and stressful time, regardless of any other factors. This situation can become even more nerve-wracking if you have to worry about your finances and other valuable assets. High-net worth divorces are inherently more complicated than a...
Costly mistakes to avoid in a high-asset divorce
Divorce can be an all-consuming process, taking an enormous emotional toll as well as causing negative financial consequences if it becomes contentious. The stakes get much higher for high net-worth couples. One way to take control is to ensure you are educated about...
5 ways to prepare your finances for divorce
Divorce can take an emotional and financial toll on families. Once the decision is made to end a marriage, it’s essential to prepare your finances for what your budget will look like when you begin your new life. One of the most important steps is finding an attorney...
High-net worth divorce: Separate account may not protect assets
It is a natural consequence of the passage of time that current generations might do things differently than their ancestors. For instance, long ago, it was assumed that only men would leave their homes to go to work while women stayed home full time to raise their...
Hollywood icon Robert De Niro in a high-net worth divorce
Some California couples can relate to being married, getting divorced, then reuniting with their former spouses, only to wind up in divorce court again some years later. That's basically what happened between superstar actor Robert De Niro and his estranged wife (for...
High-net worth divorce: What will it mean for Adele?
Many music lovers in California and worldwide count Adele as one of their favorite artists. A recent announcement that she is headed for a high-net worth divorce prompted many fans to post their thoughts on social media. Some have said they believe the singer's...
High-net worth divorce: Jeff Bezos trying to preserve his wealth
Most California residents have shopped on Amazon at one time or other. However, many may not know that the founder of the company, Jeff Bezos, is preparing for high-net worth divorce proceedings. As the richest man in the world, he reportedly has many issues to...
Are you headed for high-net worth divorce?
No one can predict which California marriages will last a lifetime and which will not. A recent study, however, suggests that wealthy people might be more likely to end their marriages in court than those of lesser means. High-net worth divorce is often complex, so if...
