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Don’t let emotional mistakes guide your high-asset divorce

On Behalf of | Jan 18, 2016 | High Asset Divorce |

A high-asset divorce has to be about money, at least to a certain degree. It can be hard to separate emotions from the process, but it’s important to try, or emotional mistakes can mean that things don’t go the way you planned.

For example, some people are so angry that they focus on trying to make the other person pay, rejecting all offers and being confrontational just because they’re mad. While it’s understandable to feel upset, you don’t want to reject a good deal just because of your anger.

On the other side, some people will do anything and everything to bring the divorce to a close, even if the results are unfair. If your spouse demands to keep all of the assets and you agree to it just because you don’t feel like going to court to fight for what is yours, you could end up regretting it down the line. You need a fair result, not just a fast one.

Another issue comes when people feel guilty about asking for a divorce. For example, if the divorce was your idea, you may be tempted to short yourself in an effort to get your spouse to feel better. This can also undercut what you take away from the divorce.

Finally, you don’t want emotions to cloud your thinking so that you do something you will wish you hadn’t done later, like trying to hide assets or forgetting to think about the tax implications of the agreement.

While keeping the above advice in mind, take a moment to check out all of the legal steps you have to take during your divorce in Florida.

Source: CNN, “Top 10 Mistakes in High Net Worth Divorces,” Joey Battah, accessed Jan. 18, 2016

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