In general we think of having good financial resources as a strength for a family. Unfortunately, in the area of separation and divorce, these assets can be a liability for the family, especially the children.
High net worth families are vulnerable to excessive and unnecessary litigation because there are funds to pay for it. Where there are limited funds, there are very real limits on how much litigation there can be. Litigation must stop when the money runs out.
The research on children’s wellbeing is clear that no matter what type of family children live within, prolonged exposure to their parents’ marital conflict hurts children. The more conflict there is, the more the children are at risk.
There is no doubt that in some situations litigation is the appropriate process. However, in the vast majority of situations, parents (even when there is considerable conflict) can work together, with appropriate information and support, to resolve the problems of the separation and keep their children and family safe from the very real risks of highly funded litigation.
The leading trends in Family Law suggest that litigation is becoming the ALTERNATE DISPUTE RESOLUTION approach and methods that keep families out of court and at the settlement table are now the first and most common choice.
If you are a high net worth family, I can help you to identify what you truly need in order to move through this transition as safely as possible.