Eidelman & Associates The Good, the Bad & Ugly Things a Divorce Attorney | Page 9

Hidden Costs of High Net worth Divorce on
Businesses
Not many people can argue that they are self-certified. Are your liquid assets worth $1
million or more? Do you receive an annual income of more than $100,000? If the
answer is YES, then you are self-certified. In the world of economics, you belong to an
elite group of people called High Net worth Individuals (HNWIs). In simple terms, you
are rich.
The problem with being rich is that it is never easy when you have to deal with a
divorce. A divorce not only affects personal assets but also business assets. From the
legal consultations to the settlements, a lot of money is involved. So, the process is very
expensive. The biggest challenge, however, is that you may not see some costs coming
as they are normally hidden.