Maintaining your privacy during a high-asset divorce
Divorce can be a challenging process. This is especially true when it involves high levels of conflict and significant assets. During a divorce as someone with a high net worth, it is vital to protect your personal information.
It is important to review strategies to maintain your privacy during a high-asset divorce.
Social media and financial data
In today’s digital age, it is essential to be cautious about what you share online. Avoid discussing details of your divorce or posting sensitive information on social media platforms. Remember that what you post online can be used against you during legal proceedings. Make sure to secure your electronic devices with passwords or biometric authentication. Keep your devices updated with the latest security patches and avoid sharing sensitive information through unsecured channels like public Wi-Fi networks.
During a high-asset divorce, financial matters can become a significant point of contention. Safeguard your financial information, such as bank account details, investment portfolios and tax records. Consider changing passwords and monitoring your accounts regularly for any suspicious activity.
Communication and public records
When communicating with people involved in your divorce proceedings, ensure that your conversations are secure. Use encrypted messaging apps or secure email services to protect the confidentiality of your discussions. Be cautious about what information is publicly available about you. Check public records for any inaccuracies or sensitive details that could work against you. Consider opting out of public databases or directories to limit the exposure of your personal information.
The Centers for Disease Control and Prevention reports that 2.6 per 1,000 people got a divorce in Ohio during 2021. Many of these divorces involved people with a high net worth, and you should keep in mind that you are not alone. Remember that your privacy is a valuable asset, and it is necessary to focus on this issue during a high-asset divorce.