Complex property division issues arise when a married couple has been together for a long time, when their finances are tightly intertwined and for other reasons. If you are in a situation where you’re concerned about dividing your property, and the impact it will have on your finances, it’s time to talk with your attorney about the steps to take next.
Property division issues can also come up in high-end divorce cases. When there are properties, royalties, 401(k)s, bonuses, commingled assets and other financial items to consider, it’s no wonder a divorce becomes complex. Fortunately, your attorney has seen many cases like yours and has the experience needed to help you resolve disputes or to make arrangements for your property.
Know your assets in the complex case
It is highly important that you gather as much documentation on your assets as possible in complex cases. If you don’t, you could find that it’s very difficult to negotiate. You should collect every piece of financial literature you have about your accounts. Try to get copies of account information from your spouse, too. Your attorneys will share information with one another regarding your finances. You may also want to hire a forensic accountant so that you can look for missing or hidden assets.
Complex cases can be costly and time-consuming. Don’t let them weigh you down. Our site has more on what you should do if you’re involved in a complex divorce. The right help will make it easier to complete your divorce in a reasonable amount of time and to negotiate for what you want out of your marriage.