Three Biggest Mistakes Wealthy People Make During A Divorce

It is impossible not to worry about money during a divorce, especially when you have a lot financially at stake. There seems to be a common misconception that wealthy people are always prepared for major life events like divorce, but everyone makes mistakes, and this article highlights the three biggest. Read more about the mistakes wealthy people make during a divorce.

Considering the intense economic implications of divorce, it’s unfortunate that many of the wealthy are not adequately dealing with these issues. This situation is slowly changing as an increasing percentage of the wealthy getting divorced use the services of divorce financial analysts. “While financial divorce specialists complement and can never replace divorce lawyers, their role is to – from the start of the process to after the divorce is finalized – ensure the financial well-being of their clients,” explains Smith. “For example, they’re often extremely effective in providing the supporting evidence for settlements.”

— Russ Alan Prince