High Net Worth Divorce
Jacksonville Divorce Lawyers
When it comes to a divorce involving two individuals who have high net worth value, the situation takes on a new level of difficulty. These circumstances involve a unique process that can be accomplished by sometimes obtaining a valuation of closely-held or family corporations and also structuring alimony in a way that avoids recapture. There are not many Jacksonville divorce lawyers who can handle the unique elements that are found within a divorce of this nature. At Charles E. Willmott, P.A., all clients are treated in a gracious and respectful manner. Those couples who are undergoing high net worth divorces often require special attention, though, because of the added elements of the separation.
Elements of a High Net Worth Divorce
It does not matter whether you are a high ranking member of a corporation or a successful businessman or woman, I work hard to protect your valuables and assets. There are several elements that must be given attention, including:
- Family corporations or restricted stock that will have to be valued
- Non-marital assets, spendthrift trusts, and inheritances to be protected
- Maintenance of a business without interference from the ex-spouse
- Tax consequences of capital gains or capital loss carry-overs
- Alimony and how it is structured to avoid recapture
- Presentation of equitable arguments in support of unequal distributions
The main factor of a high net divorce is property division between the divorcing couple. When there is much on the line, it is important to have your rights protected. If you are in the process of a high net worth divorce, my firm can provide the essential tools to help you better understand your situation and what is at stake. These situations require the skill of a Jacksonville divorce attorney who can take every effort to protect your interests. These situations are highly contested and require a lawyer with skill and experience.
Contact my firm to discuss your situation and to have your questions answered!