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How can you protect your lifestyle after divorce?

On Behalf of | Jun 30, 2022 | Family Law

You’ve lived with your spouse for a few decades, and in that time, you’ve been living a lifestyle that you’re very accustomed to. You are used to going on a few large vacations annually, and you travel often to different homes you share across the country.

It’s not surprising that you’d be worried about how you’re going to maintain this lifestyle after your marriage. The divorce is likely to result in some changes, but that doesn’t necessarily mean that your lifestyle has to change dramatically.

You deserve to know what to expect in your life

Something to keep in mind is that you deserve to know what to expect during and after your divorce. If you’re worried about your lifestyle changing, now is a good time to start looking into the possibilities and potential ramifications of going through a divorce.

It’s helpful if you can take some time to speak with a financial planner to figure out how much money you’ll need to have the lifestyle you’re used to. You will also want to discuss those findings with your attorney, so you can figure out how to negotiate for your fair share during the divorce.

Spousal support could be one option there to help you maintain your lifestyle

Spousal support is just one of several options that could be used to help you maintain the same kind of lifestyle after your divorce. Other options could include negotiating for a large portion of your marital assets or for the use of certain properties during different times of the year.

Negotiations and creativity go a distance in high-asset cases

In high-asset divorce situations like yours, it pays to get creative and to be willing to negotiate with your spouse. By doing so, you may be able to review different kinds of terms and agreements to help you continue to use assets you and your spouse share in the future. Depending on the circumstances, you may be able to negotiate for half or more of your assets, so you can support your lifestyle after divorcing and enjoy your future as an independent person.