Boynton Beach High Net Worth/High Asset Divorce Lawyer
Protecting your rights, financial interests, and future are always important goals in Florida divorce. The challenges increase significantly when you are a party in a high net worth/high asset case, which tend to fuel heated disputes. Both the nature and the value of assets and debts complicate the process, and divorce laws are already complex. When the stakes are high, it is critical to retain legal representation for assistance.
At The Law Office of Taryn G. Sinatra, Esq., we are experienced with high net worth cases and skilled at developing strategies to promote your interests. Our team will explore opportunities to resolve disputes out of court, but we are ready to litigate to protect your rights. Please contact us to speak to a Boynton Beach high net worth/high asset divorce lawyer today. We can set up a consultation to discuss specifics, but some background is useful.
Summary of Divorce Laws
Because financial matters are at the core of disputes in high net worth divorce, there are two key issues to understand:
- Property division works according to equitable distribution in Florida. Assets and debts acquired after marriage belong to the couple, and they are split fairly in divorce. Items owned before the wedding, gifts, and inheritances are separate property that belongs to the individual.
- Either party can request alimony, and the judge may award it as necessary to close financial gaps between the parties. The court will then decide the type, amount, and duration of spousal support.
Challenges with High Net Worth Divorce
Taking these basic concepts and applying them to a divorce case of sizable value, you can see how complexities lead to disputes. For instance, many assets of high net worth couples are not held in a bank account that can simply be split. There may be complicated irrevocable trusts, LLCs, retirement accounts, and investments.
In addition, there are complications even when property is clearly separate because one spouse owned it before marriage. If the value of the asset appreciated considerably over the course of the marriage, the increase could be marital property.
Options for Resolving Disputes
The above divorce laws only apply if you are in court having a judge decide property division and alimony, but parties are encouraged to agree on these issues. The Law Office of Taryn G. Sinatra, Esq. will advise you during negotiations to ensure your interests are fully protected. We work with financial analysts and related experts, which are often necessary in high net worth cases. If your case goes to court, a South Florida divorce Lawyer will aggressively fight for your rights.
A Boynton Beach High Net Worth/High Asset Divorce Lawyer Will Serve Your Needs
There are multiple ways to resolve disputes in your divorce, and legal counsel is critical when you are working through the details on these options. For help understanding the laws and how they affect your case, please contact The Law Office of Taryn G. Sinatra, Esq. to schedule a consultation. Our Boynton Beach high net worth/high asset divorce lawyer will provide personalized details after reviewing your situation.