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Waukesha County divorce attorney asset division

For the most part, the divorce process itself is not difficult; if a couple has only been married for a couple of years, does not have children, and does not have many assets, the process could be completed in a matter of weeks. However, most divorcing couples have been married for at least a couple of years, meaning they are more likely to have gathered and intermingled more assets, which can make the divorce process longer and much more tedious. The more assets you and your spouse have to deal with, the more complex your divorce case will become. High asset divorces bring their own set of issues and difficulties to the process. Below are a few of the most common mistakes that couples make during a high asset divorce in Wisconsin. 

  1. Not Investigating for Possible Hidden Assets

One of the requirements at the beginning of the divorce process is that both you and your spouse fully disclose all of your financial assets. However, not everyone is truthful when it comes to disclosing their assets. It is illegal for your spouse to intentionally hide assets from you, as Wisconsin law states marital assets should be divided on a 50/50 basis.

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