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Handling High Net Worth And High-Asset Divorces

While any divorce may involve complex financial matters, the stakes are raised in a high net worth divorce, where significant investment accounts, real estate or closely held businesses may be part of the marital estate. In such cases, it is critical that individuals have an experienced and highly qualified divorce attorney who is committed to protecting their rights.

Skilled And Proven Representation For People Just Like You

At Robertson, Oswalt, Nony & Associates, we have represented physicians, business owners and professionals from numerous industries in high net worth divorce proceedings. We have represented both wealthy spouses and those in need of spousal support and other financial relief. Our experienced divorce lawyers are prepared to adeptly manage any issue that may arise in the course of a high net worth divorce, including:

  • Complex property division
  • Valuation of a family-owned business
  • Division of investment accounts
  • Division of retirement accounts
  • Spousal support (alimony)
  • High-wage earner child support issues
  • Real property valuations and division

When necessary, we have the ability to enlist the assistance of forensic accountants, business valuators and other experts who can provide critical assistance with property division and other financial matters that may impact the outcome of a high net worth divorce. We are known for our proactive efforts to resolve disputed matters, as well as our willingness to fight for our clients in the courtroom when necessary to protect their financial and parental rights.

Identifying The Most Common Assets In High-Asset Divorce

Our attorneys utilize more than 50 years of combined legal experience to help clients identify, valuate and divide marital assets. Here are some common types of assets that you and your spouse may need to address in a high net worth divorce:

  1. Real estate properties: This includes marital residences, vacation homes, rental properties and commercial real estate investments.
  2. Business interests: If you or your spouse owns a business, has a financial stake in the company or has any business partnerships, these will need to be evaluated and divided.
  3. Investment accounts: Stocks, bonds, mutual funds and other investment portfolios often represent significant wealth that is too often overlooked during the property division process.
  4. Retirement accounts: Pensions, 401(k) plans, IRAs and other retirement savings plans are also typically subject to division.
  5. Bank accounts: This includes checking and savings accounts that hold substantial funds.
  6. Luxury items: High-value items such as jewelry, art collections, antiques and expensive vehicles are part of the asset pool.
  7. Intellectual property: Patents, trademarks and copyrights owned by either spouse can have significant value.
  8. Life insurance policies: The cash value of life insurance policies should also be considered.

Finally, it is also important to consider any outstanding debts, including mortgages, loans and credit card balances, as these will need to be addressed. Arkansas is an equitable distribution state, which means that marital assets/property need to be divided equitably (which is not always the same as equally).

Even if your assets are divided equally, however, that may not be the case for your allocation of debt. Judges can award more debt to one spouse if that spouse is in a better financial position to pay it. They can also unequally allocate debt based on factors like which spouse acquired it and for what reason. Our attorneys will guide you through all aspects of the property and debt division processes, ensuring your rights and interests are protected.

Contact Us Today To Learn About Your Options

From our office in Little Rock, we serve clients throughout Arkansas. To schedule a consultation with one of our high-asset divorce attorneys, call 501-588-4451. You may also contact us by email.