If top Muslim lawyer in Singapore is to be believed, then high asset divorces come with their own complications. They don’t fall into the traditional divorce cases, as they are neither straightforward, nor are the assets clearly separated. There is a whole process involved, and the lawyers are involved in every aspect of these divorces. Whether there was a single person earning or, both the people were earning, these divorce proceedings happen to be different from the regular ones.
The lawyer should be well aware of how these proceedings work, and what to expect at the end. In fact, the couple should appoint a lawyer who understands these kind of separations, and how it works under the Islamic law. We are going to talk about the complications that the couple generally face with high net worth divorces.
· The Islamic law is different when it comes to property division. There are certain complexities involved in this aspect, specifically when the net worth is real high. The marital property is divided and that too equally. The assets before and after the marriage is not considered in the division. In some cases, there are certain complex properties involved where experts are required to offer their inputs. These properties require valuations by the proper people to further the division. According to the Muslim law firm, these involve art collections as well as real estate assets.
· In certain divorce situations, the properties are not highlighted by the people involved. One or both of the spouses may want to conceal certain assets that they bought or saved up after the marriage. It could also include property or financial assets gifted by family and friends. You will need to include experts to assess such assets and identify their worth
· How much you need to provide for spousal maintenance. This is another factor that you need to consider when involving yourself into high worth divorce. It is important to note that there should be some common factor that helps calculate the maintenance. Certain states have come up with a formula. However, not everyone has it. Top Muslim lawyer in Singapore helps identify and offer the best solutions for maintenance. If there are no guidelines to abide by, then it becomes difficult to provide the exact value for the maintenance. In short, you will end up making the whole process complicated.
As mentioned in this part, these are few things that you cannot avoid before proceeding with the divorce. Identifying the best Muslim law firm is essential in this case, as it will help you get divorce hassle-free. Here are a few pro-tips to finding a good law firm for your needs.
1. Research or get good recommendations. Either way, people will tell you how well a law firm is doing in your vicinity. Your research will help you identify a firm with rich experience and one that has all the relevant expertise. They should be well-versed with the Islamic laws as well before they take up the case
2. Secondly, you need to check the reviews for the particular firm. If the clients have good things to say, then you should definitely go ahead with them.
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