With national divorce rates said to be hovering around 50 percent, most people understand this to be a reality for many couples even after decades of marriage. What can be somewhat surprising is just how rancorous divorce proceedings can become when a couple has substantial financial assets. Great wealth can make parting spouses less willing to negotiate if they feel they will not get their fair share of property and assets.
It does not have to be that way. With their decades of experience in high asset divorce cases, the attorneys at Carton & Rosoff PC have been able to guide many estranged spouses to relatively amicable settlements in which both parties were satisfied with the assets they negotiated for. Sometimes this means simply implementing the terms of any prenuptial or postnuptial agreements a couple put in place before the marriage foundered. Both agreements are merely ways to protect assets in case of divorce. "Prenups" often appear unromantic when they are proposed, but prove to be very useful if needed later on in the relationship.
In fact, prenups have become ever more popular. Many professionals with substantial wealth want to protect their assets as separate property before marriage rather than lose all or part of the assets during divorce proceedings because the assets became joint marital property.
The valuation of high value assets often proves difficult for one or both parties. Tensions can also be exacerbated if one party tries to hide assets. With nearly three decades of experience, the attorneys at Carton & Rosoff PC have honed their skills in formulating flexible and unique high asset divorce settlements that can allay suspicions and benefit both spouses.