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High-asset divorce may take longer than other cases

On Behalf of | Mar 3, 2020 | Divorce |

When Virginia residents and those elsewhere decide to end their marriages, they often want to get it over with as quickly as possible. Of course, try as they might to move matters along, divorce can take time. The exact amount of time will depend on numerous factors pertaining to a specific case.

The complexity of the case can play a major role. If individuals have children and numerous assets or complex assets, making decisions regarding child custody and property division may take longer than for individuals without children and only a few assets. In some cases, appraisals and valuations may need to occur or more information may be needed to determine exactly how to divide the property in the most equitable way possible.

The process can also take longer if the divorcing parties do not get along at all. In some cases, individuals can work together to come to agreements that prevent the need for litigation. However, if parties are fighting and disagreeing at every turn, it is unlikely that they will be able to come to a compromise that allows them to complete the process quickly. Instead, they will have to go through court proceedings and obtain a court order based on the judge’s decisions.

Though it may be daunting to have to put a lot of time into divorce, it may be necessary in order to come to the best outcomes. If Virginia residents are concerned about how their high-asset status may prolong their cases, they may want to go over this specific topic with their legal counsel. Their attorneys could help them find the most viable routes for working efficiently and effectively.