High-asset divorces present a number of special challenges. This is nearly always true regardless of which spouse has more income and assets or whether either spouse has lived as a dependent of the other.
Asset portfolios are often complex in high-asset divorces, including such property as:
- Multiple bank accounts
- Investment accounts
- Stocks and bonds
- Stock options
- Potentially hidden assets
- Business ownership
- Vacation homes
- Other real estate holdings
- Multiple vehicles
- Recreational vehicles and equipment, such as boats, Jet Skis and rifle collections
- Art collections
Temple, Austin And Killeen — High-Asset Divorce — Lawyer Offers Free Initial Consultations
It is common for one spouse not to know about all the assets controlled by the other spouse. Discovery is especially important in a high-asset divorce. For example, business valuation or searching for hidden assets may be critical before reaching a fair division of assets. Careful characterization of assets as shared property versus community property is also a high-stakes aspect of property division in a high-asset divorce. Consulting with a CPA about tax consequences of a given asset division solution is also advisable.
If child custody is in question, remember that income and assets are not necessarily reliable determining factors as to which parent a child should live with most of the time. State-provided child support guidelines may not be fully appropriate when one parent has a much larger income than the other. The Law Office of Keiko Griffin, PLLC has successfully represented parents seeking custody of their children when the other parents were professional athletes and other high-income individuals such as business owners, professionals, doctors, military officers, etc.
Whether you are the spouse with the higher income or the one with less income, you can count on the Law Office of Keiko Griffin, PLLC to represent you zealously and fairly through a high-asset divorce.
It is wise to work with an attorney who will get to know you and help devise creative solutions to ensure a fair division of marital assets. There is no such thing as a cookie-cutter divorce when it comes to high-asset divorce. The Law Office of Keiko Griffin, PLLC is prepared to work zealously to protect your rights as you approach divorce when you and your husband or wife own many assets and/or have high levels of income.
Contact Us — Serving Temple, Georgetown, Austin — Complex Divorce Lawyer
Learn how our law firm can serve as your greatest ally as you proceed through a high-asset divorce. Call 512-256-0780 or 254-690-2202, or contact us online to make an appointment with attorney Keiko Griffin. Our office is open 8 a.m. to 5 p.m. Monday through Friday. Se habla español. For your convenience, we accept credit cards.