The Extra Burdens Of A High-Asset Divorce
Every married couple must go through a division of all of their marital property to complete a divorce. For a great many people, marital property includes a house, two or more cars, bank accounts, personal property and perhaps investments and retirement accounts.
For some, however, assets are more complex, including many different types of property. For a high-asset divorce, you are wise to select an experienced, highly regarded family law attorney.
With more than 15 years of divorce practice in Michigan, attorney Anne E. Lewis has earned a strong reputation. She is known as a fierce advocate for her clients. Her knowledge base includes an understanding of the types of assets that can make up a high-asset divorce.
Divorce Considerations And Processes When Assets Are Complex
A high-asset divorce may involve:
- An expensive marital home and/or additional real estate
- An inherited second home, possibly shared with siblings
- Business ownership or partial ownership of a business, investment pool, or professional practice (such as a medical clinic or a dentist’s office)
- Rare collectibles, such as an art or firearms collection
- Multiple investment accounts, perhaps including a 401(c) retirement fund, a scheduled pension, a promise of deferred executive compensation, stocks, bonds, stock options and/or cyber currency assets
- Overseas assets
Getting an accurate appraisal, negotiating a fair property division settlement, and preventing out-of-control legal costs are all common strategies in high-asset divorces. Dividing stocks and bonds and other necessary steps can be less complicated with the help of a knowledgeable family law attorney.
How An Attorney Can Help You Come Through A High-Asset Divorce With Enough For Your Future
A knowledgeable divorce attorney for high-asset marital estates, attorney Lewis can help ensure that the valuation of your spouse’s business, or the division of high-value assets does not shortchange you. The divorce process also should not erode your family’s assets to an unacceptable degree.
Rest assured that attorney Lewis wants to keep your high-asset divorce reasonable and family-focused. Learn how she does these things beginning in an initial consultation. Call 616-818-1812 or send an email inquiry.