Ask for a Lawyer With Family Law and Financial Experience
Dealing with a high net worth divorce involves complex financial information. If one spouse is attempts to hide assets, the financial issues become super complicated.
At the Otis & Johnson law firm in Covington, Kentucky, our family law attorneys have in-depth experience with finance and business matters that are often at issue in a high net worth divorce.
Fair Asset and Debt Division in a Divorce Requires Full Disclosure
When one or both spouses came to a marriage with substantial wealth, sorting out marital property and non-marital property can be a complex puzzle. Add in the necessity of determining whether marital assets enhanced the non-marital assets, and the financial puzzle becomes more difficult — but it needs to be resolved fairly for both parties.
- If one or both spouses own a business or if one or both are partners in a business, the business needs to have a fair valuation, and decisions need to be made about how to come to a fair settlement.
- It can be difficult to find hidden assets, but our law firm does have the capabilities to uncover and track financial transactions to assure our client is treated fairly in a divorce settlement.
- In many cases, spousal support (alimony) may be appropriate, particularly in a high net worth divorce.
- Stock portfolios, IRAs, pensions and retirement plans and other financial assets need to be valued and an agreement reached concerning a fair and equitable division. In many divorces, asset protection needs to be considered, rather than liquidating assets.
Call Today: 859-757-4899 or 866-930-2309 (toll free) ∙ Free Consultation
In dealing with a high net worth divorce, it is important to assure both spouses are treated fairly, that all assets are disclosed and that assets are divided with careful thought to future value of those assets. Contact a family law attorney at Otis & Johnson.
