Divorce is never easy, and for high-net-worth individuals, the complexities of asset division can make the process even more challenging. With intricate financial structures, tax implications, and diverse assets to consider, hiring a financial expert – specifically a Certified Divorce Financial Analyst (CDFA®) – is not just advisable – it’s essential. A skilled CDFA® can…
Divorce is a complex process, and for high-net-worth individuals, asset division introduces an added layer of intricacy. Misconceptions about marital property, hidden assets, and financial implications can complicate matters further, leading to costly mistakes and misunderstandings. By addressing these myths, divorcing spouses can better navigate this challenging time with clarity and informed decision-making. What Constitutes…