High Net Worth Divorce Lawyer Rockville MD
A high net worth divorce lawyer Rockville MD residents rely on from The Law Office of Daniel J. Wright understands that if you are getting divorced, chances are you are very concerned about how much of your assets you may lose to your spouse. In divorce cases, oftentimes emotional stress is worsened by financial stress. So if you are someone with a high net worth, you may be even more worried about how things are going to unfold in your divorce settlement. If you feel stressed out about parting ways from your spouse and how that may impact your net worth, then call us today for more information.
What is Considered High Net Worth?
Anyone with a million dollars in assets or more is considered of high net value. It is important that with that much money, you hire an attorney that is familiar with representing people with a high net worth. Aside from the standard divorce issues, divorces with a high net worth can impact other aspects of your finances. The court may scrutinize you and your spouse’s financial records to gain a picture of how the marriage functions monetarily. Our divorce lawyers Rockville MD clients trust may advise that if you are caught withholding information or being untruthful, the IRS may subject you to an investigation.
Examples of assets that may be questioned in a divorce of high net worth include:
- Shared partnerships, business, or investments
- Retirement accounts, benefits, and 401k
- Property holdings and real estate (such as your primary residence, vacation homes, timeshares, etc.)
- International or out-of-state assets
Protecting Your Assets and Business
It is possible to protect your business and assets during a high net worth divorce. Many couples establish prenuptial agreements prior to marriage in order to safeguard their assets in the event of divorce. But, if you are already married, you can draft a postnuptial agreement. This document will serve the same function as a prenuptial. Lastly, if you have a business with your spouse, you may write a shareholder agreement to protect your assets.
If you are past the point of being able to negotiate with your spouse, we can help reduce tension and keep the divorce process moving forward. With so much at stake, we can imagine the pressure you may be under, And separating from a spouse who is being challenged can surely put a road bump in things. However, your spouse cannot delay the inevitable forever.
Contact The Law Office of Daniel J. Wright Today
We proudly service the Maryland area, and are always happy to answer your questions and address divorce concerns. If you need knowledgable and strategic legal guidance for a family law issue, such as divorce, child custody, alimony, and more, then please call The Law Office of Daniel J. Wright today for support from a high net worth divorce lawyer in Rockville, Maryland.