The more you know about any situation or procedure the less likely you are to make mistakes, right? This is true in almost any scenario, but somehow those who are getting divorced with significant assets at stake continue to make potentially costly mistakes.
Perhaps the strong emotions that accompany a high-asset divorce overcome a person’s common sense. On the other hand, maybe one or both spouses simply want to get the divorce over and done at nearly any cost. Regardless of the reason, even when it seems valid, making mistakes during a high-asset divorce will likely come back to haunt you in the future.
Our family law attorneys understand why these mistakes occur. However, we caution you against making them, especially when your emotions are working overtime. Some of the most harmful mistakes we have seen in Allentown high-asset divorce situations include:
- Waiving spousal support because you feel guilty or exhausted
- Letting anger and other emotions dictate your decisions
- Attempting to hide assets or not looking for hidden assets
- Rushing through the divorce because you just want it to end
- Beginning a new romance before your divorce is final
- Posting information on social media that your spouse may use against you
- Not following the guidance of experienced attorney
- Letting your spouse control any negotiations between the two of you
We are the first to admit that a high-asset divorce is as emotionally exhausting as it is legally complex. Although it may not be possible to prevent all mistakes, you can avoid many of them by working cooperatively with your legal counsel. We encourage you to continue reading our website if you wish to learn more about getting a high-asset divorce in Pennsylvania.