Family Law · Video Insight

The #1 Divorce Mistake High Earners Make in California

High earners plan everything except this one thing. They arrive after the divorce has started, when the useful moves are already behind them.

What to expect

  • Everything planned except the divorce
  • Why a prenup is not the end of it
  • Planning as an investment

The number one mistake that I see high-earning persons do in a divorce is that they don't come to talk to someone like me in advance of the divorce.

Tim Miranda on why planning ahead sounds distasteful and works anyway, and why even a strong prenup does not remove the exposure.

Video insight

This content is for general educational purposes only and is not legal advice. Court procedures, timelines and circumstances vary by case and jurisdiction.

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The number one mistake that I see high-earning persons do in a divorce is that they don't come to talk to someone like me in advance of the divorce. So they often have a lot planned out. Their estate planning is done. They have plans for everything. Everything is controlled, because they have resources — in some cases they have tremendous resources. But they come too late to the fight. You should be planning. And I know that that sounds incredibly Machiavellian and visceral, but it's true. If you know that you're going to get a divorce, if you know that you have exposure — even if you have a prenup, even if you were told that you have the best prenup by the best attorney in the world — there's always potential for protracted litigation and loss. So if you come in advance and you speak to someone who can foresee that, and can tell you what the weaknesses are and what the strengths are, that's the number one thing you can do to help yourself. If you have the money, make an investment. Make an investment in planning for that divorce, so that when it does happen, you're in control — they're not controlling you.

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The number one mistake that I see high-earning persons do in a divorce is that they don't come to talk to someone like me in advance of the divorce. So they of...

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