Resolving High Net Worth Divorces
Choose a Top Newport Beach Divorce Attorney
High net worth divorce cases involve a large amount of assets, properties,
and investments. These types of cases are often
highly contested and involve many complexities in regards to support and property division.
With so much at stake, retaining legal representation is crucial in these divorces.
Due to the unique demands brought forth in a high net worth divorce, we
urge you to contact our
certified family law specialist for counsel backed by
one thousand successful cases. Our team of
Newport Beach divorce attorneys can effectively review your case and provide much needed counsel and insight
as you move through the dissolution of your marriage.
Handling Complex Asset Division
In most divorces, the
distribution of property is a top contentious issue. Many spouses struggle to agree on who should
get what, or even how much each spouse should receive. When one spouse
is the primary earner for the family, matters can become even more complicated
and difficult. Issues of alimony, or spousal support, are also common.
You may have to divide the following with your spouse:
- Family businesses or investments
- Personal trusts
- Bank accounts
- Real estate property
- Stock options
- Family heirlooms
- All other possessions
What Is the Role of Community Property?
In California, all community property, or that obtained during and within
the marriage, must be split equally between spouses. While that does not
mean and equal share of each bank account or pension, it means that each
spouse must walk away with an equal value of assets.
Remember, assets or property obtained outside of the marriage will not
be subject to this division, as they are considered separate. Examples
of this may include gifts, inheritances, or profits gained once a couple
was official separated or had filed for divorce.
Don't Wait to Hire Our Newport Beach Divorce Attorneys!
If you have a lot at stake, do not delay in obtaining legal representation
from The Law Offices of Marc E. Mitzner. Our team is experienced in dealing
with high net worth divorces and has a firm grasp on all property, debt,
and assets division regulations. We work hard to ensure you walk away
from your divorce with a fair and favorable outcome.