Divorce can be a stressful process, but when high-value assets are at stake, it can be that much more complicated and expensive. For one, the assets involved in a high-net-worth divorce are worth a great deal of money. They can also be unique, encompassing anything from classic cars to intellectual property, to more traditional assets like real estate.
For another, high net-worth divorces can sometimes bring up privacy considerations due to the parties’ high profile. Given the complexity and cost of high-asset divorces, it is recommended to seek sound legal advice from a professional Wisconsin divorce attorney who can review some of the unique expenses associated with high-net-worth divorces.
Asset Valuation and Division
If the old adage “more money, more problems” is applicable to any situation, it is to high net-worth divorces. Specifically, the number, uniqueness, and value of assets in these types of divorces can make the process of evaluating them more involved and costly. The same goes for determining how these expensive assets should be divided; getting both spouses to agree to a property division settlement or persuading a court to divide the assets in a certain way can be a time-consuming and emotionally taxing process.