In this article, we are going to discuss the relationship between complex finances and high net worth divorce. The divorce process is never easy, but can become even more difficult when you and your spouse have accrued many assets (high net worth divorce) during your marriage and have a diverse financial portfolio that could encompass
Category: Divorce
Valuing Businesses During A High Net Worth Divorce
In this article, we’re going to share ways for valuing businesses during a high net worth divorce. In this day and age of entrepreneurs, a spouse may own or operate their own business, may be a partner in a business or professional practice, or both spouses may have started and owned businesses together. Owning and
Divorce and Addiction
While mental health issues are often a factor in divorces, drug and alcohol abuse are even more common. Millions of Americans suffer from drug and alcohol addictions. This number is only growing with the current opioid epidemic. Battling these addictions can be extremely difficult on a person’s well-being, but it doesn’t just effect that person
Divorce with Bi-Polar Disorder
When people get married, they are at an all-time high and usually only think of their future together as happy and bright. But as we all know, sometimes marriages can also take some deep dives and be at low points. Highs and lows in a marriage are not uncommon, but it can be extremely challenging
Divorce with Depression and Anxiety
Although there are many different things that may cause someone to seek a divorce, if one or both spouses are suffering from depression and anxiety this can often be the spark to that fire. Depression and anxiety are on the rise in our nation, and going through a divorce or family law matter can amplify
How to Divorce a Narcissist
One of the most common things we hear from clients here at Owens & Perkins is that they think, or their counselor has said, that their spouse is a narcissist. According to the DSM-5, narcissism is a preoccupation with fantasies of unlimited success, power, brilliance, beauty, or ideal love. Most people with Narcissistic Personality Disorder
Estate Planning After Divorce
Life after divorce can be scary, but it is also a chance to leave your old life behind you and start fresh. During the process of starting this new life, you will change your health insurance, car insurance, bank information, and the “in case of emergency” contact in your phone. You will also be chomping
Cryptocurrency
Cryptocurrency is becoming a more and more popular way to invest your money. Consequently, divorces involve cryptocurrencies more than ever before and sometimes the asset values can be quite high. To understand how those assets are divided, it is important to understand exactly what cryptocurrency is. In short, it is a digital currency in which
What Happens to Embryos During a Divorce?
Most of the time, when dealing with splitting assets, it comes down to simply assessing the value of a particular item – whether it be a retirement account, house, or a car – which can be distilled down to a monetary amount. But as we all know, some things like human lives do not have
Precious Metals & Coins
Although they say “cash is king”, many people look to invest their money into precious metals and coins for various reasons. Purchasing these precious metals can be considered an investment considering their potential worth to diversify your investment portfolio. On the flip side, sometimes the purchase of precious metals is done by a spouse in
