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For many, dividing assets during a divorce is more complicated than just deciding who gets the house, cars, and other large pieces of property. Stocks, 401ks, RSUs, multiple investment accounts, separate property assets, commingled accounts, multiple income streams, and other complex issues can make the analysis and process difficult. After spending years contributing your efforts and financial resources to the accumulation of assets, it can be disheartening and frustrating to feel like you will lose all the benefits of your efforts. You may wonder how best to protect your investments and to prevent them from being drained during a divorce.
We are here to help. At Duke Law Firm, P.C., A Family Law Firm, a high asset divorce attorney prioritizes the needs and expectations of each client to create a personalized strategy for every case. We will listen carefully to your story and work hard to help the divorce proceedings go as smoothly as possible. Together, we can find a fair resolution to your divorce. However, we are always prepared in case a settlement is not possible and stand ready to litigate your case and provide the strongest representation possible at every turn.
A high asset divorce refers to a divorce involving significant assets and/or complex financial holdings. These divorces often involve substantial wealth, valuable property, investments, businesses, professional practices, retirement accounts, and other assets that require careful valuation and division.
Some characteristics of high asset divorces include:
Due to the complexity and high stakes involved in high asset divorces, it’s crucial to seek the guidance of experienced divorce attorneys and financial advisors who specialize in these types of cases. They can help protect your interests and work toward a fair and equitable resolution of the divorce proceedings.
The division of intangible assets, such as the value of a business (“goodwill”), can be a point of tension during a divorce. The valuation of an intangible asset can be costly, and even once valued, parties often disagree with the valuation, and many times finding the funds to pay a share of an intangible asset such as a business can be difficult. Having the right legal advice during this process is key as sometimes the high expense of the expert valuation can be avoided entirely, and the issue can be resolved fairly through experienced negotiation. The division of other assets, such as retirement accounts, can cause stress as well, especially when planning for retirement. Having an experienced high asset divorce attorney who understands this process to guide you can prove invaluable.
Our goal in every divorce is to use our experience, skills, and knowledge to make sure all assets and investments are accounted for and distributed equitably. If needed, we can help you create a postnuptial agreement to protect your investments and property, before you even file for divorce. Whatever your situation is, a high asset divorce attorney can help you navigate through the complicated legal process and create a future you can look forward to.
Achieving a favorable decision at trial is generally easier than overturning a judgment of divorce on appeal. This is one of the many reasons why you should always take time to choose a divorce attorney wisely and only select and stay with one in whom you have confidence. However, a divorce judgment can be successfully appealed in some circumstances. At Duke Law Firm, we have experience in appeals and will provide you with an honest assessment of whether your case has any likelihood of being overturned on appeal. As appeals are expensive, and a win is never absolutely guaranteed, only cases with high assets or major issues (such as child custody) are suggested to be reviewed for possible appeal. If you are unhappy with the outcome of your divorce case, you may schedule a consultation to see if we may be willing to assist with the filing of an appeal.
For a high asset divorce attorney with commitment, compassion, and honesty through every step of your divorce, call Duke Law Firm, P.C., A Family Law Firm, in New York at 585-346-3220 or send a message online.
You should be able to enjoy the benefits of your hard work, and we can help make that a reality. Make sure the next chapter of your life is the best by securing a legal representative who will fight for your future.
If you have an uncontested divorce, flat-fee options are available. Call our firm today at 585-346-3220, or send us a message online. Our attorneys are available for consultations, virtually or in-person, and you may conveniently schedule your appointment by either using the online scheduler or by calling our office.