Going through a divorce is traumatic enough, but when you have substantial property, things are likely to be more complex than usual. There’s no denying that marital estates are complicated, and when a couple owns substantial assets, there is always a higher chance of conflict. In Ohio, you can get an uncontested divorce as long as you are able to resolve issues with your spouse. Unfortunately, high-asset divorces rarely proceed like that, and it is best to have a legal team to represent your rights. Hiring an Ohio high asset divorce attorney can help sort the situation, and in this post, let’s discuss the benefits of hiring one.
The role of your divorce lawyer
Before you initiate the legal process, your lawyer will give you a talk down on how to deal with the situation. They will also want financial details, including information on businesses you own. Based on the facts, they will do a detailed business valuation analysis. The lawyer will also do the necessary appraisals on all properties, which include residential and investment properties. You are hiring an advocate who will fight for your rights. If your spouse has been trying to hide assets or cover income details, they are responsible for uncovering the facts.
Initiating the negotiation
Negotiating property division with your spouse won’t be an easy task, especially if you have been at loggerheads over the divorce. Your lawyer will represent your side and discuss how all sorts of assets, including equity, stocks, retirement pensions, and 401(k)s, will be divided. They will also consider the assets that are exempt from the divorce, which include inheritance property.
Access to expertise
Lawyers who deal with high-net divorces regularly have a team of collateral professionals who offer insights on various things. They can talk to forensic accounting experts when required and may consult other financial professionals to decide on the ideal strategy for your case. Your lawyer already knows your goals, which will help them determine the aspects needing a more aggressive approach.
Final word
If you are looking for a high-asset divorce in Ohio, check their profile and work experience. While lawyers cannot divulge more details about clients, they can help you understand the best ways to deal with your circumstances. You can also look for reviews on Google and social media websites to find what others say about a high-asset divorce lawyer. Don’t make the first move before you talk to an expert.
