Rockland County High Net Worth Divorce
Guiding High Net Worth Individuals through Divorce
Any divorce has the potential to be complicated, as there are many factors that must be addressed. Not only is there significant difficulty resolving contested matters, there is also the emotional toll that both spouses and their family will face. When the couple has a net worth of $1 million or greater, they have an added level of complexity. High net worth divorces require the assistance of a highly skilled attorney to ensure a fair share of the estate in a divorce. If you are a high net worth individual and need an attorney to effectively guide you through this overwhelming legal matter, contact our firm. We are committed to protecting what is rightfully yours. We have the knowledge and tenacity necessary to fight on your behalf. If you are a high net worth individual considering divorce, contact The Law Office of Peter L. Jameson, PLLC today to schedule a consultation and discuss your options.
What makes a high net worth divorce different?
Regardless of a couple’s financial situation, there are usually some financial matters that must be resolved in the divorce, unless agreed in writing. However, if a divorcing couple has over $1 million in assets, they may have to address their finances on a much grander scale. The court aims to assess the couple’s situation fairly and issue a ruling based on the information made available. When dividing assets or deciding on alimony, the court will consider many factors. Some factors that the judge may take into consideration include the following:
- Length of the marriage
- Age of each spouse
- Health of each spouse
- Earning capacity of each spouse
- Education or job training of each spouse
- Each spouse’s contribution to marital property
Discovery and high net worth individuals
For many, not solely a case of high net worth, divorcing couples who engage in the court process may be subject to the discovery process. Through discovery, the couples finances and net worth can be assessed. If one spouse’s financial statements do not line up with that of the other spouse, the court may require a forensic accountant to make a financial assessment. In some situations, one or both parties will hire a forensic accountant. If the court was to find issues of interest for other government agencies, including the IRS, either party could find themselves looking at even further legal trouble.
Contact a Rockland County High Net Worth Divorce Attorney
When high net worth individuals are considering divorce, it is essential that they have a strong legal team to protect their rights. The Law Office of Peter L. Jameson, PLLC is dedicated to providing clients with quality legal representation as they end their marriage. If you are a high net worth individual facing divorce, contact The Law Office of Peter L. Jameson, PLLC to schedule a consultation.