High Asset Divorce Attorney

Facing a high-asset divorce? Secure your future with our expert legal counsel. We’ll fight for your rights, with compassion and determination. We’re on your side.

What is a High Asset Divorce?

A high asset divorce, also known as a high net worth or high-income divorce, involves assets and financial resources that are considered above the average. It usually refers to couples who possess significant wealth, property, investments, businesses, or other valuable assets.

High asset divorces can be more complex than regular divorces due to the higher stakes involved. They require specialized legal expertise to navigate through the division of assets, spousal support, and other financial aspects of the divorce.

Bottom Design

In the complicated terrain of a high asset divorce, the stakes are high, but so are the possibilities.

Assets Commonly Involved in a High Asset Divorce

When we talk about high asset divorces, we’re referring to a range of diverse and complex assets. Our role as your high asset divorce attorney involves navigating through:

Business Interests and Valuations

Evaluating and dividing business assets fairly and accurately.

Real Estate Holdings

Including local and international properties, from family homes to investment properties.

Stock Options and Investment Portfolios

Ensuring a fair assessment of both current value and future potential.

large house
Women reviewing pension for high asset divorce attorney

Luxury Assets

Like yachts, art, and collectibles, each requiring a specialized valuation.

Retirement and Pension Funds

Often substantial in high net worth cases.

Offshore Accounts and Hidden Assets

Identifying and valuing assets that may not be immediately apparent.

Common Mistakes in High Asset Divorce

Navigating a high net worth divorce can be like walking through a minefield of potential mistakes. Common pitfalls include:

Undervaluing Assets

Not understanding the true worth of complex assets can lead to unfair settlements.

Ignoring Tax Implications

Every financial decision in a divorce can have significant tax consequences.

Short-Sighted Financial Decisions

Overlooking the long-term impact of divorce settlements.

Compromising Privacy

High net worth divorces often attract unwanted public attention.

How You Benefit By Hiring a High Asset Divorce Attorneys

Choosing the right high asset divorce attorney in Washington State can make a significant difference. Our expertise offers:

In-Depth Financial Analysis

We dig deep to ensure every asset is accurately valued and considered.

Strategic Planning

Our customized approach addresses your unique financial situation.

Confidentiality

We prioritize your privacy, keeping your personal affairs discreet and secure.

Issues Affecting High Asset Divorce Cases

High asset divorce attorneys will assist you with this type of case’s unique set of challenges. Here are a few:

Prenuptial Agreements

Prenuptial agreements are crucial. These legally binding documents, established before marriage, outline asset division and financial responsibilities in case of divorce. They provide a clear roadmap for protecting your financial interests. However, some elements can lead to litigation.

Child Support and Spousal Support

Child Support

Child support calculations can be complex. The living standard the child was accustomed to during the marriage is taken into account, which can significantly increase the amount of child support required, e.g., private schooling, sports, and extracurricular activities.

Spousal Support

Spousal Support in high asset divorces can be substantial. Determining a fair, yet not crippling, amount can be a contentious issue. Factors such as the length of the marriage, the standard of living established during the marriage, and each party’s income and earning capacity come into play.

prenuptial agreement

International Assets

International assets can add an extra layer of complexity. These global investments may include real estate, business interests, offshore bank accounts, or even valuable art housed overseas. Unlike domestic assets, international assets are subject to differing laws and regulations depending on the country in which they are held. This requires a thorough understanding of international legal standards, tax obligations, and property rights.

It’s not uncommon for spouses to try and hide assets overseas to avoid division during a divorce, but rest assured, we possess the experience and resources to uncover these hidden assets, ensuring a fair distribution.

Non-Monetary Interests, Intellectual Property, and Personal Brand Value

When it comes to high-value divorces, tangible assets are just the tip of the iceberg. Non-monetary interests, intellectual property, and brand value often come into play and can significantly impact the outcome of a case.

Non-Monetary Interests

Such as influence, reputation, and even social connections, can have considerable value. In high-profile divorces, these intangible assets may warrant careful consideration as part of the asset division process.

Intellectual Property

Including patents, copyrights, and trademarks, can be more valuable than physical assets, especially if they generate a steady income stream. In the case of divorce, these assets are subject to division just like any other marital property. However, their valuation can be complex and often requires expert input.

Personal Brand Value

is another critical aspect. For entrepreneurs and public figures, your brand can be an immense source of value. This could include things like endorsement deals, image rights, or even social media following.

What You Gain by Choosing The Levey Law Group

When facing a high asset divorce, the attorney you choose can significantly impact the outcome of your case. We bring a wealth of benefits to the table, making us the ideal choice for handling your high net worth divorce in Washington State.
Unmatched Expertise in High Asset Divorces
Comprehensive Financial Acumen
Tailored Legal Strategies
Discretion and Confidentiality
Client-Centric Service
Understanding of Local Laws

Request a Free Consultation

All Communication is Confidential

Name(Required)
Last Name(Required)

Our Client Reviews

Frequently Asked Questions About High Net Worth Divorce in Washington

How is property division handled in a high net worth divorce in Washington State?

In Washington State, which is a community property state, it is important to understand that all property and debts acquired during the marriage are generally considered to be owned equally by both spouses. However, in a high net worth divorce, this often involves dealing with complex and high-value assets.

The division process aims to be fair and equitable, but it may not always be equal. We must pay special attention to the valuation of assets such as businesses, investments, real estate, and retirement accounts. Additionally, factors like the length of the marriage, each spouse’s financial circumstances, and future earning potential should be carefully considered.

Rest assured, we will guide you through this process with compassion and provide you with the necessary support.

Are prenuptial agreements always upheld in Washington State high net worth divorces?

In Washington State, prenuptial agreements are upheld when they meet specific legal standards. They are crucial for high net worth individuals to define separate and community property. However, a prenuptial agreement won’t be enforced if it was signed under duress or coercion, or if it is deemed unfairly one-sided during divorce. Child support and custody provisions are subject to court review, prioritizing the child’s best interests. Remember, it’s vital to understand and protect your rights.

How are complex assets like business interests valued and divided in Washington State high net worth divorces?

In a high net worth divorce, valuing and dividing business interests can present complexities. Washington State law mandates a fair and equitable division, often requiring an accurate business valuation. This may entail engaging forensic accountants or business valuation experts. Factors like market value, earnings, and future potential are taken into account.

Achieving division can be done through different approaches, such as one spouse buying out the other’s interest, selling the business and dividing proceeds, or maintaining joint ownership after divorce. Rest assured, we will navigate this process with compassion, authority, and clarity, ensuring your best interests are served.