How a high asset divorce can affect child custody

On Behalf of | Jan 21, 2019 | Firm News

If you consider yourself to be in a high income or high asset household, going through the process of a divorce in Washington can be especially stressful. A high asset divorce generally means that there is a higher likelihood that you will deal with conflicts with your divorcing spouse regarding the division of assets, as well as other decisions that have particularly high stakes.

In addition to a propensity to enter a conflict in the realm of asset division, child custody decisions can additionally become more heated than usual in a high asset divorce. If you are worried about navigating certain challenges for the sake of your children in the divorce process, it is important that you understand more about the nature of these issues.

Why does a high asset divorce have the potential to affect child custody rulings?

The aspect of child custody that tends to become especially complex is, unsurprisingly, that relating to child support. Child custody courts generally see it as important that the children of a divorce can live their lives as close to what they were used to.

In achieving this, parents going through a high asset divorce will likely make sure that there is no disruption to their children’s private education, extra curricular activities or to their childcare, for example the nanny or au pair employed in the household. Ensuring this can involve some additional negotiation in regard to the child support or divorce settlement agreements.

What can I do if my divorcing spouse does not want to maintain the lifestyle we have created for our children?

If your divorcing spouse does not want to continue to pay for private school tuition, for example, it is important to raise the case to the child custody courts. You could highlight how not paying these fees would negatively affect the children’s lives, making the difficult transition of divorce even tougher.

If you are going through a high asset divorce as a parent in Washington, it is important that you stand up for the rights of you and your children.

FindLaw Network