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Making wise decisions in late-life, high net worth divorce

Some Texas spouses are fortunate enough to have amassed considerable wealth during the course of their adult lives. If the decision to pursue a high net worth divorce arises, some aspects of ending the marriage will be easier. Wealthy spouses need to pay close attention to the financial side of their divorce, but they often have plenty of security regarding their financial outlook. What could become an issue is the social consequences of ending a marriage. 

It's impossible to accurately predict how friends and family members will react to a divorce. Even when spouses feel confident in how loved ones will take the news, there are often surprises. Some people find that friendships sustained over the course of decades crumble when a marriage ends. Others find that their children or grandchildren are not as accepting of the divorce as they'd anticipated. 

That can leave a spouse feeling very isolated and anxious during and after a divorce. Depression can quickly follow, which can accelerate both physical and mental declines. The best way to avoid negative outcomes is by taking a proactive approach. 

That could mean taking the time to talk with family members one-on-one about the decision to divorce and how it will affect the family. It might mean expanding one's social circle and making new friends in case old friendships fracture. It could even mean working with a therapist to ensure a smooth transition. Regardless of how Texas spouses choose to prepare, taking the time to think about these often-overlooked aspects of a high net worth divorce can make a big difference in how things go once the divorce process is set into motion. 

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Vernier & Associates, PLLC Vernier & Associates, PLLC

Vernier & Associates, PLLC
2441 High Timbers Drive Suite 110
The Woodlands, TX 77380

Phone: 281-882-3271
Fax: 832-585-0955

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