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Is a financial planner necessary for my high asset divorce?

If you are facing divorce and have considerable assets to divide, chances are a financial planner would serve you well. Many high asset divorces involve businesses or extensive financial complexities. The dissolution or division of these things may lead to tax or income consequences that a financial planner can help you understand and prepare for.

Most divorces are complicated, but in high asset divorces, individuals can stand to lose a great deal more, which makes these cases particularly complex. In these divorce cases, one or both parties involved may have teams of people on their side, working tirelessly to ensure the best and most favorable outcome for their client. Financial planners fit into the scheme nicely as added support, knowledgeable in the areas that matter most to stakeholders.

A well-balanced team of knowledgeable attorneys, valuation experts and financial planners, experienced with high asset divorces should be more than adequate to skillfully handle all types of high value cases. When dealing with divorces of such complexity it is important to trust the team you have to look out for your best interests. With so much on the table, the team behind you during this difficult time may make all the difference.

Depending on what types of assets you and your spouse hold and their valuation, a financial planner may be able to make recommendations that reduce, if not eliminate, certain consequences. Either way, when looking at a situation of such financial importance, the more eyes you have watching out for you, the better.

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Goddard & Malmquist

Goddard & Malmquist
1250 South Grove Avenue
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Barrington, IL 60010

Phone: 847-382-3995
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