Burbank High Net Worth Divorce
Serving Our Clients Best Interests Throughout Los Angeles
In a divorce that involves the high net worth of a spouse, the main objective is the protection of assets. Any monetary advantage possessed by an affluent spouse for their life after the divorce can quickly be eradicated through unnecessary or excessive litigation and substantial legal fees.
Navigating a high net worth divorce case is, in essence, the same as addressing a standard divorce case, with the primary difference being the complex nature of the substantial marital property and assets that are to be divided. Responsible action must be taken in such cases in order to ensure that the assets of the parties involved are not compromised or diminished unnecessarily.
A skilled attorney at Fusco & Clarke can provide you with legal representation in the event that you are considering divorce, and must address the issue of a high net worth. Having decades of combined legal experience, the attorney team at our firm has helped individuals in a myriad of divorce cases, including those involving significant net worth. We can assist you in navigating your divorce proceedings so that you chances of a beneficial outcome are increased considerably.
High Net Worth Divorce Information
- An attorney who tackles a high net worth divorce case must be able to account for the following details and factors:
- Characterization of property (marital or separate)
- Enforcing or challenging a prenuptial agreement
- Treatment of any inheritance
- Valuation of business assets or interests in closely-held corporations
- Spousal support/alimony
- Child support
- Divorce taxes
- Division of retirement assets (pensions, IRAs, 401(k) accounts
Properly addressing these issues may result in a resolution that sees the individual's assets and estate fully protected in the aftermath of their separation.
If you are filing for divorce and possess a high net worth, or have a spouse of a high net worth, it is recommended that you contact our firm right away to assist you in your case.