By Lawrence S. Katz | Published February 7, 2023 | Posted in Divorce | Tagged Tags: high net worth divorce, spousal support | Comments Off on Dividing Assets in a High Net Worth Divorce
Property division is an often contentious aspect of divorce cases and is even more difficult if the spouses have high incomes and hold large financial resources. Wealthy people tend to have a wide variety of assets that must be quantified and valued so that each spouse’s share is properly calculated. This can be a lengthy Read More
Read MoreWhen one or both spouses own all or part of a private business, that ownership stake may be considered a marital asset that is subject to equitable distribution in a divorce. Often, one spouse is a founding owner of a business that may predate the marriage. In some cases, a non-owner spouse contributes capital for Read More
Read MoreMany Americans and dual citizens hold substantial assets in foreign countries for various reasons, including those that were acquired prior to residing in the United States. High-net-worth individuals often keep assets abroad for favorable tax treatment or to protect their wealth, since property held in foreign countries cannot easily be seized by U.S. based creditors Read More
Read MoreUnwinding a marriage means separating finances and working out parental time-sharing arrangements if children are involved. All of these are difficult enough on their own, but things can really get complicated when the divorce proceedings are international in scope. International divorces are those in which one of the spouses is a citizen of another country, Read More
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