Fried and Fried, P.A. | Lee County Family Law & Divorce Attorneys

Consult With An Attorney

Toll free: 888-831-2597 | Local: 239-243-9287
A Tradition Of Excellence. A Forward-Thinking Family Law Practice.

Divorce between the wealthy is a complex process

On Behalf of | Jan 31, 2020 | High Net Worth Divorce |

If you are a wealthy Fort Myers resident who is divorcing your spouse, the process can be a bit more complicated than if you were not. But that doesn’t mean that you still don’t have the same core issues to hash out as people of lesser means.

Money can be used to deflect or advance other agendas, in some cases. Read on to learn of one perspective from an industry insider.

It’s not always about the money

One wealth adviser says that with “wealthy divorces . . . money is not the real source of the issue.” She adds that “[t]he real issues are around the children and lack of trust. Money [becomes] the tool, particularly for the less-wealthy spouse, to punish the wealthy spouse.”

Vengeful spouses can delay divorces

A spouse who doesn’t want the divorce or who is trying to take their wealthier spouse to the cleaners can urge their attorney to do all they can to drag out the process, all the while incurring expensive attorneys’ fees.

Mediation can streamline process

Not all divorces or issues can be successfully mediated. But the fewer matters that must be litigated, the lower the court costs and subsequent attorneys’ fees. That’s why many high-income couples decide to mediate their divorces.

Whether you are haggling over the wine collection or the beach house, you still have to settle the nuts and bolts of your divorce. Seeking legal guidance at this juncture can help you clarify your goals and find a path to reach accord and civilly end your marriage.

FindLaw Network