Like most spouses in Virginia and throughout the country, when you said “I do” on your wedding day, you assumed your marriage would last a lifetime. Whether its demise occurred little by little, over time or a cataclysmic event was the straw that broke the camel’s back, you must protect your interests as you prepare for a new lifestyle, separate from your spouse. You’ve worked long and hard, made wise investments and provided for your family. You don’t want to lose it all in a high-asset divorce.
Virginia operates under equitable property division rules in a divorce. This means that you and your ex must split all marital property (including debts) in a fair manner, which does not necessarily mean it will be a 50/50 split. If you do not trust your ex, there are certain things you’ll want to do to ensure you receive a fair deal.
Make sure your high-asset divorce does not include a hidden asset scheme
When there are high-value assets at stake, many Virginia spouses find themselves dealing with a hidden asset scheme. If you suspect your spouse is stashing cash or not fully disclosing marital property, you can enlist support to investigate the situation. It’s also important to identify marital property versus any separately owned items.
In addition to a forensics accountant, who knows how to track a person’s financial activity, it is also helpful to rely on experienced legal representation in a high-asset divorce. Schmergel & Mersberger, in Virginia, provides strong support to concerned spouses who want to make sure they walk away with the maximum amount they’re entitled to under the property division laws of this state. By scheduling a consultation, you can take the first step toward protecting your interests and ensuring a fair settlement.
