The Differences Between a Contested and Uncontested Divorce

The Differences Between a Contested and Uncontested Divorce: What You Need to Know

The Differences Between a Contested and Uncontested Divorce: What You Need to Know

The Differences Between a Contested and Uncontested DivorceWhen most people think about getting a divorce, they automatically think of a contested divorce. This is where both parties are in full disagreement and are fighting tooth and nail for every last penny and piece of property. However, there is another type of divorce – uncontested divorce. This is where both parties have agreed to the terms of the divorce before going to court. In this blog post, we will discuss the differences between contested and uncontested divorce in detail. We will also talk about why it’s important to have a skilled Milwaukee divorce lawyer by your side during either process. Contact the Ohiku Law Office today to learn more.

What is Contested Divorce? 

In a contested divorce, both parties cannot agree on one or more key issues. This could be things like child custody, alimony payments, who gets the house, and so on. Because of this disagreement, both parties will have to go to court and let a judge decide who gets what. This process can be very long, drawn out, and expensive. It’s not uncommon for contested divorces to take months – or even years – to resolve.

Contested divorces are often emotionally charged affairs. This can make the process even more difficult for both parties involved. Having an experienced, tenacious, and compassionate Milwaukee divorce lawyer on your side can make the process much easier. Contact Ohiku Law today at (414) 287-0088 to speak to someone about your needs.

What is Uncontested Divorce? 

In an uncontested divorce, both parties have already agreed to the terms of the divorce before going to court. This means that there is no need for a lengthy and expensive court battle. Uncontested divorces can often be resolved in just a few weeks.

One of the main reasons why uncontested divorces are so much faster is because both parties have already agreed on all of the key issues, like spousal support, child custody, and division of assets. This means that there is no need for lawyers to argue back and forth. Instead, they can simply focus on finalizing the divorce paperwork. This can save a lot of time and money.

Do I Need a Lawyer for My Uncontested Divorce?

You might be wondering if you need a lawyer for your uncontested divorce. The answer is yes. Even though both parties have already agreed on the terms of the divorce, there is still a lot of legal paperwork that needs to be filed. This can be confusing and time-consuming during an already emotionally-charged season of life. A skilled Milwaukee divorce lawyer will know how to handle all of this paperwork quickly and efficiently.

Mediation & Arbitration

If you and your spouse agree on many of the issues in your divorce, you may want to consider alternative dispute resolution strategies like mediation or arbitration. This can be a great way to save time and money. In mediation, both parties meet with a mediator who helps them negotiate an agreement. In arbitration, both parties present their case to an arbitrator who makes a binding decision. These processes can be much less stressful and time-consuming than taking your case to court. Learn more about how The Ohiku Law Office can support you with alternative dispute resolution.

The Ohiku Law Office is the best resource if you’re looking for a Milwaukee divorce lawyer to handle your high net worth divorce. We have years of experience handling both contested and uncontested divorces. We can help you understand the pros and cons of each type of divorce and help you make the best decision for your unique situation. Contact us today to schedule a consultation. We look forward to helping you.

Prenuptial & Postnuptial Agreements in Wisconsin: What High Net Worth Individuals Need to Know

Prenuptial & Postnuptial Agreements in Wisconsin: What High Net Worth Individuals Need to Know

Prenuptial & Postnuptial Agreements in Wisconsin: What High Net Worth Individuals Need to Know

Prenuptial & Postnuptial Agreements in Wisconsin: What High Net Worth Individuals Need to KnowWhen two high net worth individuals marry, they may be concerned about what would happen if they divorced. How would their assets and debts be divided? What if one of them wanted to leave the marriage? In Wisconsin, there are two types of agreements that can help answer these questions: prenuptial agreements and postnuptial agreements. This blog post will explain what each type of agreement is and how it is handled in Wisconsin divorce courts. It will also discuss specific concerns for high net worth individuals considering divorce in our state.

If you are considering a prenup or postnup, retaining a Milwaukee divorce attorney with experience serving high net worth individuals is a great first step! At The Ohiku Law Office, Attorneys Odalo Ohiku and Felicia Owen help guide high net worth clients through divorce. Give us a call today to discuss your questions.

What is a Prenuptial Agreement?

A prenuptial agreement, also called a premarital agreement or antenuptial agreement, is a contract created by two people who are about to be married. The purpose of the agreement is to define how their assets and debts will be divided if they divorce. A prenup can also include provisions for spousal support (alimony).

In order to be valid, a prenuptial agreement must be in writing and signed by both parties. It is also important to note that the agreement must be entered into voluntarily – meaning that neither party can be forced to sign it. If a court finds that a prenup was signed under duress, it may be invalidated.

It is also important to disclose all assets and debts before signing a prenuptial agreement. If one party hides assets or debts from the other, the agreement may not be enforceable. This is why it is best to consult with an attorney before signing a prenup.

What is a Postnuptial Agreement?

A postnuptial agreement is very similar to a prenup, except it is created after a couple is married. Just like a prenup, the purpose of the agreement is to define how assets and debts will be divided if the couple divorces. A postnup can also include provisions for spousal support.

Like a prenup, a postnuptial agreement must be in writing, signed by both parties, and entered into voluntarily.

Child Custody & Support

While prenuptial and postnuptial agreements can cover many aspects of a marriage, including division of assets and property, spousal support, and what should happen if one spouse in unfaithful, these agreements cannot legally dictate issues of child custody and child support. These are highly sensitive and serious considerations and a Wisconsin divorce court will retain the right to take into account the entire course of the marriage and many aspects of each spouse’s parenting style before making a decision on these matters.

Valid vs. Invalid Prenuptial & Postnuptial Agreements

There are certain circumstances in which a prenuptial or postnuptial agreement may be invalidated by a Wisconsin divorce court.

If the agreement was not entered into voluntarily, it may be invalidated. This means that neither party can be forced to sign the agreement, and both parties must have had enough time to read and understand the agreement before signing.

If one party hid assets or debts from the other, the agreement may also be invalidated. This is why full financial disclosure is so important before signing a prenuptial or postnuptial agreement.

Finally, if the terms of the agreement are unfair or unreasonable, a court may invalidate the agreement. This is why it is so important to have an experienced attorney review your agreement before you sign it.

High Net Worth Individuals & Prenuptial & Postnuptial Agreements in Wisconsin

If you are a high net worth individual considering divorce and you have a prenup or a postnup, it’s essential to retain the services of an experienced Milwaukee divorce attorney. Not only will your divorce attorney prove a valuable resource in court, they can help you navigate the intricacies of a prenuptial or postnuptial agreement and how they will interact with your case.

If you are considering the benefits and drawbacks of creating a prenup or postnup, you’ll also want to speak to an attorney. People who own businesses and/or have significant assets have a lot to consider when it comes to drafting a prenuptial or postnuptial agreement. Most importantly, you’ll want to make sure your agreement stands up in court if you decide to divorce.

At The Ohiku Law Office, we help high net worth individuals who are dealing with or considering divorce. Whether you have questions or are ready to begin your journey, contact us today.

How to Prepare for a High Net Worth Divorce | Ohiku Law Milwaukee

How to Prepare for a High Net Worth Divorce: 5 Essential Tips

How to Prepare for a High Net Worth Divorce: 5 Essential Tips

How to Prepare for a High Net Worth Divorce | Ohiku Law MilwaukeeA high net worth divorce is a complex process that requires significant preparation. There are many assets on the table and it is essential to do your due diligence in order to protect your interests. This blog post will discuss essential tips for preparing for a high net worth divorce.

Attorneys Odalo Ohiku and Felicia Owen of The Ohiku Law Office are highly experienced in supporting high net worth individuals going through a divorce. When you work with Ohiku Law, you will receive considerate and comprehensive support on your divorce journey, from preparing documents to navigating divorce court to understanding your settlement. For answers to your questions about high net worth divorce, contact The Ohiku Law Office team today.

Here are our essential tips for preparing for a high net worth divorce:

Document and Value All Assets

Oftentimes, high net worth divorces are more complex than other types of divorces. This is because there are usually more assets involved. This means every aspect of the divorce, from preparation to asset inventory to settlements can be more complex. For this reason, it is essential to have a thorough understanding of your assets and their value from the outset of your divorce journey. You should document everything and fairly assess the value of each asset. For valuation, you will want to retain the services of an experienced professional who is willing to not only value your assets, but defend their valuation in court. This will help you protect your interests in the divorce settlement. An experienced divorce attorney can help ensure no stone is left unturned.

Brush Up on Your Tax Knowledge

Another important factor to consider in a high net worth divorce is taxes. Past, current, and future tax implications can impact everything from valuation of assets to alimony judgements. It is important to understand how taxes will play a role in dividing up your assets. This can be a complex issue, so it is best to consult with an experienced tax advisor and your divorce attorney to best understand the tax implications of your divorce.

Understand Alimony

In a high net worth divorce, alimony is often a key issue. Alimony, also called spousal support, is payments made from one ex-spouse to another after a divorce. The purpose of alimony is to help the recipient spouse maintain their standard of living after the divorce. In order for alimony to be awarded, the court must find that one spouse has a need for support and that the other spouse has the ability to pay. Alimony can be paid in lump sum or periodic payments and can be temporary or permanent, depending on the situation. If you are facing a high net worth divorce, it is important to understand how alimony works and what you can expect. An experienced divorce attorney will be able to answer your questions and help you understand the process.

Prepare for Child Support and Custody

If you have minor children, child support and custody will be important issues in your divorce. Child custody is the legal term for the right to make decisions about your child’s life, including education, religion, and medical care. Child custody can be shared between spouses, or can be granted entirely to one spouse. In most divorce cases, particularly when spouses cannot come to a mutual agreement, child custody arrangements are determined by the courts. Child support is financial support that is paid by one parent to the other for the care of their minor children. In a high net worth divorce, child support and custody can be complex issues. This is because there are often significant assets involved. For this reason, it is important to consult with an experienced divorce attorney to understand your rights and options when it comes to child support and custody.

Retain a Highly Experienced Divorce Attorney

One of the most important things you can do when preparing for a high net worth divorce is to retain a highly experienced divorce attorney. A high net worth divorce is complex, and you need an attorney who has the experience and knowledge to protect your interests. When choosing a divorce attorney, be sure to ask about their experience handling high net worth divorces. You should also ask for references from past clients. Once you have retained a divorce attorney, be sure to listen to their advice and follow their guidance. This is the best way to ensure you are prepared for your high net worth divorce.

If you are facing a high net worth divorce in Milwaukee, contact the Ohiku Law Office today. Our experienced divorce attorneys can answer your questions and help you understand your rights and options. We will work tirelessly to protect your interests and help you through this difficult time. Call us today to schedule a consultation.

How to Talk to Kids About Divorce: Tips for Parents and Guardians

How to Talk to Kids About Divorce: Tips for Parents and Guardians

How to Talk to Kids About Divorce: Tips for Parents and Guardians

How to Talk to Kids About Divorce: Tips for Parents and GuardiansDivorce is a difficult process for everyone involved. It can be especially hard on children, who may not understand what is happening and why their parents are no longer together. As a parent or guardian, it is important that you take the time to talk to your kids about divorce.

At The Ohiku Law Office, Divorce Attorneys Odalo Ohiku and Felicia Owen have decades of experience helping families through the divorce process. Learn more about our services, including divorce law and child custody/placement, and keep reading for strategies for helping your children through this tough time.

Plan Out the Conversation in Advance

It is important to think about what you want to say before you have a divorce conversation with your kids. Try to anticipate their questions and have answers ready. If at all possible, plan the conversation with your spouse/partner to ensure you are both on the same page.

Choose the Best Time

When you sit down to talk to your kids, make sure it is at a time when they are not hungry or tired. It may be best to have the conversation on a day when they don’t have to leave your home to go to school, to a friend’s house, or somewhere else. They may want you around in case they have questions or big emotions they need help processing. Also, be sure to allow enough time for the conversation; rushing through it will only make things more difficult.

Avoid Blaming Your Partner or Child

One of the most important things to remember when talking to your kids about divorce is to avoid placing blame. This will only make them feel more insecure and could damage your relationship with them. When going through a divorce, it is important to remember that your children are watching you and how you react. If you are angry or resentful towards your former spouse, your children will likely pick up on this negative energy. It is crucial that you try to avoid putting blame on either yourself or your partner during the conversation.

Listen More Than You Talk

It is important that you take the time to listen to your kids during this conversation. They may have a lot of questions or concerns that they want to express. By listening, you can help them feel heard and understood.

Answer the Questions They Ask

As your kids are talking, they will likely have questions for you. It is important that you answer these questions as honestly as possible. If you do not know the answer to a question, be honest and tell them that you don’t know but you will try to find out. Also be sure to answer the specific question/s they are asking, rather than answering a question you wish they would ask or think they should ask.

Be Gentle with Yourself

Remember that it is okay to not have all the answers. Divorce is a confusing and difficult time for everyone involved, and it is important to give your children the space to express their own emotions. Listen more than you talk, and be there for them when they need to talk or just need a hug.

No one ever wants to think about divorce, but it happens all the time. In fact, according to the most recent statistics from the United States Census Bureau, nearly half of all marriages in this country will end in divorce. If you are a parent or guardian who is facing this difficult situation, you may be wondering how to talk to your kids about it. It can be hard to know what to say and how to say it – after all, you don’t want to make things worse for them. But it is important for children to understand what is happening in their family, and they deserve honest answers from their parents or guardians.

If you need assistance with any legal aspects of your divorce, our team at The Ohiku Law Office can help. We understand how difficult this time can be, and we are here to help you every step of the way. Contact us today to schedule a consultation.

Divorce Mediation: Is It Right for You?

Divorce Mediation: Is It Right for You?

Divorce Mediation: Is It Right for You?

Divorce Mediation: Is It Right for You?When a couple decides to get a divorce, they have several options for how to handle the separation. One option is to go through mediation. Mediation is an alternative dispute resolution process that involves a neutral third party – the mediator – who helps the couple resolve their issues. If you and your spouse are considering mediation, it’s important to understand what it is, how it works, and how to know if it’s the right fit for you. In this blog post, we will discuss the basics of mediation and help you decide whether it is right for your divorce situation.

Mediation can be an excellent way to handle a divorce, but it’s not right for every situation. If you’re considering mediation, contact The Ohiku Law Office in Milwaukee to discuss your case with our experienced divorce attorneys. We will help you determine whether mediation is right for you and if so, we will help you find a mediator who is a good fit for your situation. Learn more about our dispute resolution services and keep reading for more on mediation.

Understanding Mediation

Mediation is a process in which the divorcing couple meets with a mediator to discuss their issues and try to reach an agreement. The mediator is a neutral third party who does not take sides or make decisions for the couple. Instead, the mediator facilitates discussion and helps the couple communicate more effectively. Mediation can be used to resolve any issue that the divorcing couple is having difficulty with, including child custody, property division, and alimony.

Benefits of Mediation

One of the benefits of mediation is that it allows couples to have more control over the outcome of their divorce. In court, a judge will make all of the decisions about your divorce – including decisions about child custody, property division, and alimony – and you will have to live with those decisions whether you agree with them or not. In mediation, however, you and your spouse are in control of the outcome. You will be the ones who make the decisions about your divorce, and you can tailor those decisions to meet your unique needs and interests.

Another benefit of mediation is that it is often faster and less expensive than going to court. Court cases can take months or even years to resolve, but mediation typically only takes a few sessions to reach an agreement. Additionally, because mediation does not involve going to court, it can save you money on legal fees.

Is Mediation Right for You?

So how do you know if mediation is right for your divorce situation? Mediation may be right for you if:

  • You and your spouse agree on most things, including child custody terms. Divorce becomes much more complicated (and emotional) when there are children involved. If you and your spouse are on the same page when it comes to the basic outlines of your child custody and placement arrangements, mediation may work for your situation.
  • You are willing to be open about finances. It is critical that both you and your spouse enter a mediation with the willingness to be open and honest about your finances. Only then will the mediator be able to help you reach an agreement that benefits everyone, including any children involved. If you are concerned your spouse will not be honest about their financial situation, it may be best to proceed to trial, where the court can ensure everything comes out in the open.
  • There is no history of domestic violence. Mediation is a peaceful process that enables both parties to share in the decision-making process. If you have a history of domestic violence/intimate partner violence in your marriage, it will not be possible to guarantee that both parties will be able to peacefully share the space, time, and power necessary for successful negotiation.

If you and your spouse do not agree on everything or there is a history of domestic violence, mediation may not be right for you. In those cases, it may be best to go to court.

Choosing a Mediator

Once you’ve decided that mediation is right for your divorce, the next step is to choose a mediator. When choosing a mediator, it’s important to find someone who is experienced in handling divorces and who has been trained in mediation. Additionally, you’ll want to make sure that the mediator you choose is someone you feel comfortable communicating with.

If you’re considering mediation for your divorce, contact The Ohiku Law Office in Milwaukee, WI. Our experienced divorce attorneys Odalo Ohiku and Felicia Owen offer expert mediation services in Milwaukee, focusing on high net worth divorce. We will work with you to ensure that your rights are protected and help you reach an agreement that is in your best interests. Call us today at 414-287-0088 to schedule a consultation.

How to Choose a Milwaukee Divorce Lawyer | Ohiku Law

How to Choose a Milwaukee Divorce Lawyer for Your High Net Worth Divorce

How to Choose a Milwaukee Divorce Lawyer for Your High Net Worth Divorce

How to Choose a Milwaukee Divorce Lawyer | Ohiku LawWhen you’re getting a divorce, the last thing you want to worry about is how to find a good lawyer. You have enough on your plate as it is. However, finding the right Milwaukee divorce lawyer for your high net worth divorce is crucial. Not all lawyers are created equal, and you need one who understands the complexities of a high net worth divorce. In this blog post, we’ll discuss what to look for in a Milwaukee divorce lawyer and why it’s so important to choose wisely.

At The Ohiku Law Office, Attorney Odalo Ohiku and team help people just like you navigate the complexities of high net worth divorce. Learn more about our Milwaukee divorce lawyer services, child custody/placement, and dispute resolution.

If you’re getting a divorce, the first thing you need to do is find a good lawyer. This may seem like an obvious statement, but not all lawyers are created equal. You need to find one who understands the complexities of a high net worth divorce and can help you navigate the process. Here are some things to look for in a Milwaukee divorce lawyer:

  • Someone who understand how to handle high net worth divorces. The more asset a couple has, the more complex a divorce can become. If you have significant assets, own a business together, or have a complex financial portfolio, you need an attorney with the capacity to understand your situation and work for the best possible outcome for you and your family. This includes understanding the assets involved and how to divide them fairly. The right divorce lawyer for you will have extensive experience handling high net worth divorce cases.
  • Someone who understands local laws. This is important because divorce laws vary from state to state. You need a lawyer who knows the ins and outs of Wisconsin divorce law, particularly as it relates to high net worth divorces. Wisconsin is a marital property state, meaning assets and debts acquired during a marriage are split down the middle during divorce. However, there are many nuances to this law and the right divorce lawyer will be able to help you understand what Wisconsin divorce law means for you and the best path forward to meet your goals.
  • Someone who has experience in the type of divorce you’re looking for. This could be a contested divorce, an uncontested divorce, or a collaborative divorce. Make sure your lawyer has experience with the type of divorce you’re seeking. If you’re not sure what type of divorce is right for you, contact The Ohiku Law Office for answers to your questions today.
  • Someone experienced in alternative dispute resolution, if applicable. This is important if you’re hoping to avoid a trial. If you’re looking for a more collaborative approach to divorce and are hoping to stay out of a courtroom, the right divorce attorney should be experienced in mediation and other forms of alternative dispute resolution and can help you understand what is right for you.
  • Someone experienced in child custody and placement, if applicable. If you have children, you need a lawyer who knows how to protect your parental rights and ensure that the custody arrangement is in the best interests of the children. The right lawyer for you will not only have experience in child custody and placement in divorce cases, but have the compassion to understand the emotions and stresses that can rise to the surface when children are involved in divorce. Your lawyer should be a reassuring presence when it comes to these issues.
  • Someone who works collaboratively with the courts, judges, and other attorneys. This is important because it shows that the lawyer has a good working relationship with the people involved in divorce proceedings. You want a lawyer who emphasizes that they are there to work with the other parties involved in the proceedings, rather than against them. This will help ensure the divorce proceedings are as smooth and stress-free for you as possible.
  • Someone who understands and shares your goals. While you do want a Milwaukee divorce lawyer who will be collaborative rather than combative with the other parties involved in your divorce, they should be on your team first and foremost. The right lawyer for you will take time to understand your goals for your divorce, and do whatever they can to ensure a positive outcome for you and your family.
  • Someone who is compassionate and conscientious of your situation. Getting a divorce is a difficult and emotional time, and the last thing you need is a lawyer who doesn’t listen to you or doesn’t give you the time, space, and resources you need to get through it. You need a lawyer who will be understanding and sensitive to your needs. At The Ohiku Law Office, we take a client-first approach to our practice – learn more about our Milwaukee divorce attorney services.

When you’re getting a divorce, the last thing you want to worry about is finding the right lawyer. You have enough on your plate as it is. But if you have a high net worth, choosing the wrong lawyer could end up costing you a lot of money in the long run. Choosing the right Milwaukee divorce lawyer is crucial to the success of your divorce. Take your time and choose wisely. With the right lawyer on your side, you can rest assured that you’re in good hands.

For questions or to find out if The Ohiku Law Office can help with your divorce, contact us today.

Milwaukee High Net Worth Divorce: Frequently Asked Questions and Information

High Net Worth Divorce: Frequently Asked Questions and Information

High Net Worth Divorce: Frequently Asked Questions and Information

Milwaukee High Net Worth Divorce: Frequently Asked Questions and InformationWhen a couple decides to divorce and they have a high net worth, things can get complicated quickly. The term “high net worth” is not clearly defined, so it can be difficult to know what steps to take next. This blog post will answer some of the most frequently asked questions about high net worth divorce and provide information to help you make an informed decision about your future.

If you are considering divorce and are looking for representation, please contact The Ohiku Law Office. We are the Milwaukee-area experts in high net worth divorce, child custody/placement, alternative dispute resolution and more. Read on for answers to your questions then call Ohiku Law today.


What does “high net worth” mean in divorce?
 

There is no precise definition of “high net worth” when it comes to divorce. However, in general, a high net worth divorce is one in which the divorcing couple has assets totaling $500,000 or more.


What types of assets will be considered in my high net worth divorce?

In Wisconsin divorce cases, assets and debts incurred during the course of the marriage are divided equally, though there are nuances and exceptions. In general, the following assets are inventoried, negotiated, and distributed equally between divorcing parties:

  • Real estate property (primary residence, vacation home, rental properties, etc.)
  • Vehicles
  • Antiques and collectibles
  • Business interests
  • Investment accounts
  • Retirement accounts
  • Pensions
  • Stock options
  • Life insurance policies
  • …and more.

One major caveat in dividing assets is whether the assets are owned jointly or have a named beneficiary other than the spouse. In these cases, things can get tricky. If you have questions or concerns about how your assets will be divided in divorce, contact The Ohiku Law office today.


How will my high net worth divorce be different from a divorce with fewer assets? 

The biggest difference in a high net worth divorce is usually the level of complexity. When there are more assets to divide, it can take longer to reach a settlement that is fair for both parties. In addition, high net worth divorces often involve more than one divorce lawyer and/or financial advisor to ensure that all assets are properly valued and divided.


What are the biggest challenges in a high net worth divorce? 

One of the biggest challenges in a high net worth divorce is asset division. When there are a lot of assets to divide, it can be difficult to come to an agreement that is fair for both parties. Another challenge is finding a divorce lawyer who has experience handling high net worth divorce cases. Attorney Odalo Ohiku of The Ohiku Law Office has decades of experience handling complex high net worth divorce cases. Contact us today to learn more.


What are the consequences of not hiring a divorce lawyer? 

If you choose not to hire a divorce lawyer, you may be at a disadvantage when it comes to asset division and other important aspects of your divorce. You may also have a more difficult time reaching a fair agreement with your ex-spouse.


How can I find the right divorce lawyer for my high net worth divorce? 

The best way to find the right divorce lawyer for your high net worth divorce is to ask for referrals from friends or family members who have been through a similar experience. You can also search online for divorce lawyers in your area who specialize in high net worth divorce cases.


What should I expect during my first meeting with a divorce lawyer? 

During your first meeting with a divorce lawyer, you should expect to discuss your divorce case in detail. You will also need to provide the lawyer with information about your assets, debts, and income. The lawyer will use this information to determine how best to proceed with your divorce case.

If you are reading this, you or someone you know is likely considering a divorce and has questions about what that means for them financially. A high net worth divorce can be especially complicated because of the unique issues and concerns that come with it. We hope this information will help you make an informed decision about what is best for you and your family.

If you are going through a high net worth divorce, it is important to have an experienced divorce lawyer on your side. The Ohiku Law Office has represented clients in some of the most complex divorce cases in Milwaukee. Call us today to learn how we can help you.

High Net Worth Divorce in Wisconsin: Don't Make These Mistakes!

High Net Worth Divorce in Wisconsin: Don’t Make These Mistakes!

High Net Worth Divorce in Wisconsin: Don’t Make These Mistakes!

High Net Worth Divorce in Wisconsin: Don't Make These Mistakes!When you’re getting a divorce and have a high net worth, it’s important to avoid making certain common mistakes. Trying to hide assets, not getting a professional valuation of assets, spending too much money, not protecting your mental health, and not hiring a divorce lawyer are some of the biggest mistakes people make during high net worth divorces. By avoiding these mistakes, you can make the process easier on yourself and ensure that you come out of the divorce with what is rightfully yours.

If you’re in need of an experienced Milwaukee divorce attorney who has experience helping high net worth clients, contact Ohiku Law Office today.

Avoid these Common Divorce Mistakes: 


Hiding Assets

Hiding assets is one of the most common mistakes people make during a high net worth divorce. If you try to hide assets, your spouse and/or the courts will likely find out and it will only make the divorce more difficult. You could also face fines and punishment for hiding assets during divorce. The best thing you can do during the process of divorce is to be honest and open. This will make the process go much more quickly and allow you the peace of mind of knowing you are doing the right thing.

If you’re concerned about certain assets, a divorce attorney can help you create a plan.


Neglecting a Professional Valuation of Assets

Not getting a professional valuation of your assets is another common mistake. You need to know what your assets are worth so you and/or the courts can determine how to divide them fairly. You may also be surprised at the value of your assets, so it’s important to have a thorough and up-to-date understanding of what you own so you know how to proceed.

If you’re wondering how to get a professional valuation of your assets, an experienced Milwaukee divorce attorney can help you identify and hire a professional who can help with this process.


Spending Too Much Money

Spending too much money during the divorce process is also a mistake. Many people try to spend as much money as possible in order to spite their ex, but this usually backfires. Not only will you end up going into debt, but it will also make it harder to divide your assets fairly.

Instead, the best thing you can do during divorce in regards to spending is to tread carefully. Keep a record of your expenditures and avoid making large or lavish purchases until the divorce is complete. Working with a financial advisor is a good idea during this time, particularly if you have significant assets to keep track of.


Forgetting to Protect Your Mental Health

Protecting your mental health is important during any divorce, but it’s especially important during a high net worth divorce. This type of divorce can be very stressful, so make sure you take care of yourself.

Strategies for protecting your mental health during this often stressful time include: talking to a licensed therapist or counselor; getting enough exercise; eating a balanced and nutritious diet; getting enough quality sleep; and spending time with friends and family. If you have children, it’s also important to encourage them to practice these healthy habits as well, since divorce can be stressful for them, too.


Not Hiring a Divorce Lawyer

Many people try to handle a high net worth divorce on their own, but this is a mistake. A divorce lawyer can help you protect your assets and ensure that you get what you deserve. A divorce attorney can also help you ensure you don’t make costly mistakes that will slow down the process or prevent you from reaching your goals. Finally, the right divorce attorney has experience in all aspects of divorce, from arbitration to mediation to contested divorce to child custody and placement.

If you are considering a high net worth divorce in Wisconsin, it is important to avoid making common mistakes. Trying to hide assets, not getting a professional valuation of assets, spending too much money, not protecting your mental health, and not hiring a divorce lawyer are all mistakes that can cost you time and money during your divorce. By hiring a Milwaukee divorce attorney with experience helping high net worth clients, you can protect yourself and ensure that your divorce goes as smoothly as possible. If you’re getting a divorce and live in Milwaukee or a nearby community, contact Ohiku Law Office today. Our experienced Milwaukee divorce attorneys can help you through every step of the process. Contact us today to schedule a consultation.

Questions to Ask a Divorce Lawyer | Ohiku Law Milwaukee

Questions to Ask a Divorce Lawyer When You’re Going Through a High Net Worth Divorce

Questions to Ask a Divorce Lawyer When You’re Going Through a High Net Worth Divorce

Questions to Ask a Divorce Lawyer | Ohiku Law MilwaukeeGoing through a high net worth divorce can be one of the most stressful experiences you’ll ever have. Not only do you have to worry about the emotional toll that a divorce can take, you also have to deal with the financial and legal aspects. This is why it’s important to have an experienced Milwaukee divorce lawyer on your team. However, not all divorce lawyers are created equal. When selecting the right divorce lawyer for you, it’s important to look at your initial meeting as an interview to gauge if this is the right fit for your needs.

You have options when it comes to selecting a

divorce attorney in Milwaukee. When you’re interviewing potential lawyers, here are some questions you should ask: 


What is your experience with high net worth divorces?
This question is important because you want to make sure that your lawyer has the experience and expertise to handle the unique aspects of your case. High net worth divorces require particular expertise because there is so much at stake in terms of assets. These types of divorces may also be more complicated because of owned businesses, multiple large assets like homes or vehicles, and other considerations.


How will you communicate with me throughout the process?
This is important because you want to make sure that you’re working with a lawyer who is communicative and will keep you updated on the status of your case. You also want to work with a lawyer that appreciates and respects your communication preferences and boundaries.


What is your strategy for handling my divorce?
This is important because you want to make sure that your lawyer has a well-thought-out plan for how they will handle your case. They should be able to share their plan with you after talking through the details of your case and should be ready and willing to pivot when things change. And, in divorce, things change a lot.


What are the potential outcomes of my divorce?
This is important because you want to make sure that your lawyer is realistic about the potential outcomes of your case and that they are prepared to fight for the best possible outcome for you.


What will you do if my divorce becomes contested?
Your divorce lawyer should be prepared for any eventuality, and that includes a divorce that becomes contested. A contested divorce is one where you and your spouse cannot agree on one or more aspects of the divorce, such as child custody, division of assets, or alimony. If this happens, you want to be sure that your lawyer knows how to navigate a contested divorce and has a plan for doing so.


Can you offer me options for resolving my divorce outside of court?
This is important because you want to know that your lawyer is open to negotiation and alternative dispute resolution methods like mediation. You also want to be sure that they are experienced in these methods and know-how to properly advocate for you in this setting.


What are your rates and how do you bill?
Cost and billing questions are probably on your mind, so don’t be afraid to ask. The right lawyer can provide you with this information upfront so you know what planning you need to do to account for legal fees and billing.

Divorce is never easy, but when you have a high net worth it can be even more complicated. If you’re going through a high net worth divorce, it’s important to work with an experienced Milwaukee divorce lawyer who understands the complex legal issues involved. Asking the questions above will help you to narrow down your options and find the right divorce lawyer for you. At The Ohiku Law Office, we have the experience and knowledge you need to protect your interests and get the best possible outcome in your divorce. We specialize in divorce law, child custody and placement, dispute resolution, and more.

If you’re considering a high net worth divorce, contact us today to schedule a consultation. We’ll help you understand your rights and options, and we’ll work with you to develop a strategy that’s in your best interests. Call us today.

Compassion, Collaboration, & Client Care | Divorce Lawyer Milwaukee

Ohiku Law & The Three Cs: Compassion, Collaboration, and Client Centered Care

Ohiku Law & The Three Cs: Compassion, Collaboration, and Client Centered Care

Compassion, Collaboration, & Client Care | Divorce Lawyer MilwaukeeWhen it comes to divorce, having an excellent Milwaukee divorce attorney on your side is key. At the Ohiku Law Office, we pride ourselves on providing compassionate, client-centered care combined with outstanding legal expertise. Our team of attorneys, led by Odalo J. Ohiku, has years of experience helping high net worth clients just like you navigate the complex journey of divorce.

We understand that divorce can be extremely difficult for you and your family, and we are here to help you every step of the way. We do everything we can to ensure you, your family, and your assets are protected during divorce. Contact us today with questions and keep reading to learn more about how the Ohiku Law team can support you and your family.

The Three Cs of Exceptional Client Care :

Compassion

Each and every team member at Ohiku Law understands that divorce is a difficult journey for you and your family. Divorce is so much more than just a legal process; it means big changes for your family and often comes with a lot of emotions, tears, stress, and anxiety for everyone involved.

At Ohiku Law, our focus is on providing excellent legal support that comes from a place of compassion for the difficulties our clients are experiencing. Divorce is always tough, and divorce among high net worth individuals can become even tougher. We know there are days you may not be able to process a lot of complex legal jargon and information, or may need a little extra time to take care of your family.

The team at Ohiku Law is here to support you in whatever way makes the most sense for you and your family. We offer expert dispute resolution services, advice on child custody and placement, and more. We can provide a listening ear, answer questions, and offer advice on helping your family navigate divorce. Our team will provide the compassion and understanding you need during this difficult time. Learn more about our Milwaukee divorce attorney services.

Collaboration

At the end of the day, high net worth divorce is truly a collaboration between multiple parties – spouses, children, attorneys, judges, and others. We all win when everyone comes to the table willing to peacefully and openly collaborate on solutions. Divorce comes with a lot of emotions and stress, factors that can easily cause contention and conflict. The best attorneys keep their cool in the face of pressure and help to balance competing emotions to focus on the goals of the client. We know things can get heated; we are here to help move the process forward in a calm, collaborative way.

At the Ohiku Law Office, we know a spirit of collaboration makes the divorce process run much more smoothly. We will work with all parties involved to ensure that everyone’s needs are met, including those of your children. Learn more about our child custody and placement services and our dispute resolution strategies.

Client-Centered Care

The client comes first at Ohiku Law. Our focus is on you and your needs. We will work with you to create a divorce plan that meets your unique needs and objectives and guide you every step of the way.  The best Milwaukee divorce attorney will be a true partner and advocate for you; we want to help you achieve the best possible outcome for yourself and your family.

The attorneys at Ohiku Law have years of experience helping high net worth individuals navigate the complex journey of divorce. We understand that each client’s case is unique and requires a tailored approach. Our team will work with you every step of the way to ensure that you are kept informed and feel confident in our ability to represent your interests effectively.

If you are considering divorce, or have already started the process, contact the Ohiku Law Office today. We can help you navigate this complex journey and provide the exceptional legal expertise and client care you need during this difficult time. Call us at (414) 287-0088 or visit our website to schedule a consultation. Proudly offering Milwaukee divorce attorney services, child custody and placement, dispute resolution, and more.