Retirement accounts are one of the largest assets in a divorce and many divorcees in this situation worry about losing their retirement savings. Federal employees often build up their pension over their working years to create a sizable nest egg. Determining how or if a federal pension should be
How To Secure Your Finances During A High Net Worth Divorce
Every divorce poses particular challenges, but a high net worth divorce is especially risky. After working hard to build wealth in real estate, investment properties, a successful business, retirement savings or other assets, a divorce could cause a person to lose as much as half to their spouse in
The Importance Of A Forensic Accountant For High Asset Divorces
High asset divorces tend to be much more complicated than average divorces, especially regarding the identification and division of assets. While an experienced divorce attorney can provide clients with a wealth of knowledge, having your divorce attorney retain and use a forensic accountant is
What to Know When Navigating a High Asset Divorce in Maryland
Divorces that involve high-value assets are anything but ordinary. Couples who have accumulated significant assets during their marriage may face many challenges during a divorce, such as complex property division, tax implications and conflict regarding areas like child support and alimony. When
Common Mistakes In High Net Worth Divorces
Navigating a high net worth divorce is no easy feat. Most high net worth divorces involve more than one million dollars in liquid assets, requiring a higher level of expertise to identify and assign ownership and value. Unfortunately, common mistakes are often made during divorce proceedings
What Does a Family Law Attorney Do?
Every day, people rely on family law attorneys to represent and defend them in family-related negotiations and court proceedings. These legal professionals specialize in family law and handle a wide range of legal issues that impact families, such as divorce, guardianship, adoption, child custody
How Stocks & Bonds May Be Divided During a High Asset Divorce
High asset divorces can be challenging to resolve, especially when one or both spouses owns a series of stocks and bonds. Although stocks and bonds are analyzed like most other property types, the court will need to distinguish between marital property and non-marital property, establish a value to
What Is a High Asset Divorce?
Navigating a high asset divorce can be complicated as there is much more at stake than the average divorce. From hidden assets to shared bank accounts, many difficult situations can arise when a large amount of money is involved in the divorce process. High asset or high net worth divorces
