How to Navigate a High-Asset Divorce Involving Children
Every divorce case is as unique as the individual people involved, and if there are young children to consider, the complications can become even more overwhelming. In the event that both parties share significant assets, the stakes become that much more difficult to navigate.
If you are considering filing for divorce or have been served divorce papers, the first step should be to contact an experienced and qualified Montgomery County high asset divorce attorney to represent your interests. Your lawyer will work on your behalf to protect your interests as well as those of your children. When high-assets are involved, you deserve to have a lawyer on your side to defend the specific financial and personal concerns of your case.
What Are the Child’s Best Interests?
In a high-asset divorce, it is not surprising for one or both parents to try to use their financial situation against the other parent. However, it does not matter whether or not one parent has more income or attempts to present him or herself as the more capable parent based on their financial status – the court does not care. First and foremost, the child’s best interests will take top priority and assets may be divided based on those needs.
What Are the Children’s Future Needs?
The court will also evaluate the children’s future needs and whether you and your spouse can determine trust funds, college funds or other assets for the children amicably. Trying to play messy against your spouse or overlooking your child’s long term needs will only hurt your case.
Stay on the Same Page
Many high-assets families have nannies or caregivers to help raise the children. Work with these individuals to help make the divorce process as unobtrusive as possible for the children. Establish some ground rules about what can and cannot be discussed with the children and try to maintain a stable routine.
For a free and comprehensive case evaluation, please call The Law Offices of Sheryl R. Rentz. We understand the many challenges that come with a divorce as well as the special concerns of high net worth individuals. Learn more about your legal rights and entitlements by calling (610) 645-0100.