In a divorce with a lot of assets, it is important to identify and accurately value all of the property in order to determine how they should be divided. For instance, if a couple jointly owns a business or shares possession of an expensive professional license, these must be carefully assessed in order to determine their value as compared to physical types of property, such as a home or vacation residence. Often these valuations need to be supported by expert testimony other evidence before they will be accepted in court during a divorce proceeding. RS Law can guide you through this process and provide a network of experts and consultants who can ensure that you receive fair value for the assets obtained during a marriage.
A high-asset divorce may involve one or more of the following assets:,
- Valuation of closely held business
- Value of a professional license or professional practice
- Spousal support (alimony)
- Qualified Domestic Relations Orders (QDRO) to divide pensions, 401(k), IRAs, and other retirement funds
- Rental properties, stocks, and other investments
- Second homes, antiques, art, and jewelry
- Hidden assets or transfers to family members
- Dissipation of assets
- Prenuptial agreements
Having a qualified divorce attorney can help to develop asset protection strategies and protect your business interests.
We are ready to protect you and your property through the divorce process and we will work with forensic accountants, property and business valuation specialists as well as a CPA to review the tax ramifications of proposed settlements.
When one or both of the spouses in a divorce have high net worth, it is important to have a qualified attorney who not only understands the law, but who also understands the unique issues and concerns of a high-asset divorce. RS Law, call today for a confidential consultation.