Spousal support is a sensitive subject that many people feel very strongly about. Many people agree that alimony is important for spouses who earned less or left the workforce altogether. Others feel that alimony payments are too high or last for too long. In California, a new initiative could significantly change how judges handle this type of post-divorce support.
Hidden expenses in a high asset divorce
Ending a marriage is a complicated matter and can be time-consuming and involve significant emotional and financial commitments. Since divorce is often the culmination of marital distress over a period of time, the loss of time and emotional struggles may not seem like too much to deal with. However, during a high asset divorce, the financial side of things can quickly feel overwhelming.
High asset divorce: How women can secure financial security
Popular media likes to portray divorcing women in a single light. Women are often shown viciously going after ex-spouses for money, desperate to squeeze out every last nickel and dime for their own advantages. In reality, this is very rarely the case. When facing a high asset divorce, the average California woman just wants to be certain of her financial security.
The hidden costs of a high asset divorce
For some California couples, money may feel like a significant barrier to divorce. This does not always mean that a couple cannot afford to divorce, and indeed may even mean the exact opposite. In a high asset divorce, dividing complex assets and determining alimony payments can be daunting. Here are a few ways to approach the associated financial concerns of going through a divorce.
