I Kept A Journal Documenting Our Turbulent Marriage And I’m About To File For Divorce. Could This Be Used Against Me?
Keeping a journal of what has occurred during the course of the marriage may be helpful during divorce proceedings. I recommend that my clients take note of every potentially noteworthy exchange with their spouse during the divorce process. This will not only help my clients appear more credible, but also generate a lot of useful information in a short amount of time. Documentation of this sort could reveal that the other spouse developed a pattern of failing to pick up the children when they said they would, failing to maintain communication with the children, or trying to argue with the other spouse while in the presence of the children. Ultimately, having thorough documentation to provide to the courts will not only increase credibility on the part of the person who documented the events but also discredits the other spouse.
What Makes A High-Net-Worth Divorce More Complex Than A Standard Divorce?
One reason a high-net-worth divorce may be more complex than a standard divorce is the commingling of premarital assets. For example, if the husband came into the marriage with real property that he obtained prior to the marriage, and if his spouse lived on that property with him and paid the mortgage or utilities during the marriage, or marital funds were used to make upgrades or renovations to the property, then only a portion of the property would be considered premarital and therefore set aside for the husband. There would also be an equitable passive and active appreciation of the real property.
High-net-worth divorces involving multiple properties in different states or countries, and/or multiple business interests that are subject to equitable distribution can be complex. In addition, failure on the part of one or both spouses to disclose assets, and attempts to hide international assets can complicate the divorce process. Furthermore, high-net-worth divorces often involve complex tax-related issues that arise during the division of property.
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