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Protecting your privacy during a high-asset divorce

On Behalf of | Aug 30, 2023 | Divorce | 0 comments

Divorce proceedings come with enough stress without adding concerns about privacy breaches in high-value situations. Your privacy is important, which means understanding how to keep your information as secure as possible during this challenging period.

There are a few practical tips to help you secure your privacy throughout your divorce.

Ask for secure filings

In some cases, information contained in divorce filings may disparage one party or reveal financial information that could make one or both of you a target for thieves. Although the court has discretion in sealing divorce proceedings, you can petition the judge with an explanation of your concerns and request that they seal the case.

Consider private settlements

When you settle your divorce, including asset distribution, through mediation or collaborative means, that keeps a lot of personal information out of the court. If you and your spouse want to settle the divorce confidentially, settling out of court offers an ideal means to do so.

Request confidentiality agreements

Anyone participating in the proceedings, including any valuation specialists or consultants, should sign a confidentiality agreement before gaining access to any information. This reduces your risk of accidental disclosure of your private information.

Exercise caution with social interactions

Anything you post on social media or say to any acquaintances could easily be public knowledge. Be mindful of what you post, even privately, and keep information to yourself if you wouldn’t want anyone else to see it.

According to CNET, 35% of couples report that financial considerations are the biggest source of conflict in their divorce. Keeping your finances private through your divorce protects you from potential complications.