How long does a high asset divorce take?

Family Law specialists with over 59 years of experience.

Divorce is fairly simple. You complete various forms and file them with the court, paying a filing fee in the process. You then schedule a hearing before a judge, which should take place 30-90 days after you filed your divorce petition. If your spouse doesn’t contest the divorce, you could be single again within a couple months.

However, divorces rarely go that quickly. For one thing, your divorce is not uncontested unless you and your spouse reach an agreement on certain key issues:

  • Child custody
  • Child support
  • Spousal maintenance
  • Division of marital property
  • Division of marital debts

If you can reach an agreement, you draft an agreement, sign it, and submit it to the judge for approval.

However, in our experience, a high asset divorce takes much longer—even if the couple wants to reach an agreement on all the above issues. There are several reasons for this:

  • Because you have large assets, it takes more time to identify them and determine which are marital property and which are separate property.
  • Many assets, like real estate or business interests, take time to properly value. A real estate investor divorce can be delayed for this reason.
  • A spouse needs time to analyze the tax implications of what property they receive.
  • When a couple has significant assets, they rarely agree from the outset about how to divide them. Instead, they often must negotiate with each other, trading this for that, which could take months.

As you can see, even when divorcing spouses have the best intentions, it could take six months or more of prep work before they can come up with a property division agreement and submit paperwork to the court.

And if you can’t reach an agreement on all the above issues? Then a divorce could take well over a year. Child custody disputes, for example, are very lengthy, as each side tries to gather evidence to support its side.

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Our Practice Areas

Family Law

Attorneys for Divorce, Child Custody & More At the Lawrence Law Office, we are committed to helping families in conflict find creative solutions that focus on addressing their goals and...

Divorce

Columbus & Delaware, OH Divorce Lawyers In Ohio, there is more than one way to separate from your partner and dissolve your marriage. A divorce is typically a contested proceeding, with each side...

Contempt and
Enforcement and
Post divorce

When working through your divorce with an Ohio family law attorney, chances are your divorce agreement made allowances for child support. spousal support or

Business owner
divorce

Dividing the marital assets between divorcing people can be one of the most contentious issues during the entire divorce process. Ohio law allows the couple to work together with...

Child Custody

Dividing the marital assets between divorcing people can be one of the most contentious issues during the entire divorce process. Ohio law allows the couple to work together with...

High Asset
Divorce Cases

Helping With Child Custody, Visitation & Support Updates Or Modifications Sometimes circumstances substantially change after a divorce and require parents to revisit an existing...

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