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High-net-worth divorce: keeping things under control

The wording in the above headline for today's blog post certainly implies that things can spin out of control in a high-asset divorce, doesn't it?

In fact, they sometimes do, and for a multitude of reasons. Seasoned divorce attorneys who routinely work with wealthy individuals know that intimately well from hard-earned experience, which they have progressively refined over years to provide service that is unremittingly geared toward optimal client outcomes.

Part and parcel of that representation is the application of professionally gleaned knowledge that encourages -- indeed, strongly urges -- clients to take a deep breath (both proverbially and literally) before seeking to take any action in the divorce process. It is important to promote clarity and to think about what is at stake and needs to be achieved prior to taking actions that can have lifelong consequences.

It is understandable that some parties are in a hurry to get things done and to get on the other side of divorce as quickly as possible. After all, marital dissolution is a complex, stressful and, often, anger-laced event.

It is precisely that reality that mandates measured thinking and thoughtful strategies underlying decision making throughout the process. Being in a rush -- and sometimes in an emotional quandary -- when contemplating and acting upon matters like equitable division of substantial wealth is not a recipe for success.

Rather, it is of course a prescription for potential disaster, and something that many wealthy individuals need to guard against as they try to expeditiously finalize their divorces.

A proven high-asset divorce attorney -- described in one article on high-net-worth divorce as a lawyer who will "help you think clearly, strategically and guide you through the legal minefields" toward a successful divorce outcome -- can be a valuable ally during a critically important juncture of life.

That is what a seasoned family law attorney is trained to do, and something that brings immense satisfaction to an advocate working on best-case outcomes for individuals and families who need quality legal representation.

Source: ireport.cnn.com, "Top 10 Mistakes in High Net Worth Divorces", JoeyBattah, Accessed on August 1, 2017

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