Avoid Mistakes in High Asset Divorce

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Avoid Mistakes in High Asset Divorce
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Whenever two people decide to divorce, they have
to go through an exhausting and complicated
process, one that costs both the money and time.
However, when there are items involved, such as
properties, businesses or other financial
interests, things become even more complicated.
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It is Not Your Fault
Whoever proposed a divorce or asked for it is
more likely to feel guilty. When guilt kicks in,
mistakes follow. If you are in the middle of your
divorce and you get struck by a guilt trip, you
will most likely end up giving away more than is
necessary. Most people who feel guilty end up
losing a lot from their divorce.
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Agreeing out of Sympathy
No matter how you feel for your spouse, you have
to stay strong and firm in your decision making.
The worst thing that you can do is agree in
haste, just to get it over with. Before you
know it, you will give away your business, your
assets, your properties and pretty much
everything that you own.
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Ignoring The Taxes
If you are awarded a property during a divorce,
you may have to pay taxes for that property going
forward. By ignoring the taxes, you risk causing
additional problems with the IRS. You should
always take tax consequences into consideration
when going through a divorce, especially if there
are high-net-worth assets involved.
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No Legal Support
All mistakes could cause you to lose something,
but going through a divorce without legal help
and support is one mistake you cannot afford.If
your spouse has an experienced attorney and you
show up alone, you are in big trouble. Be sure to
consult with a Fort Lauderdale divorce attorney
at the Law Office of Gustavo E. Frances, P.A.
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Thank You
Law Office of Gustavo E. Frances, P.A 200 SE 6th
St, 402 Fort Lauderdale, FL 33301 954-297-6546 ht
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