International divorce financial settlement
The divorce settlement is a process of dividing the assets and liabilities that are in the marriage . The same applies to an international divorce; foreign assets and liabilities will be considered just like any other asset.
One of the challenges of dividing these assets is to find out the true worth or value of the asset. For a bank account statement, you can obtain this by obtaining statements for the past year. Another way to get a valuation is using valuation from a qualified expert in that country for land, houses, other properties and businesses. This will save conflicts between experts from other countries who may have different opinion on what these assets are worth.
Always, make sure to agree with your spouse on who will be the independent expert or notary in order to avoid conflict regarding the value of these assets.
It is legally possible to come to such an agreement with your partner without the assistance of divorce law solicitors. However, this is particularly unwise in the event of international and high net worth divorces, which are particularly complex. It may be wise to contact top divorce lawyers like Stowe, as we have particular experience in cases such as yours.