Divorces involving high net-worth individuals are usually individuals or couples with at least a one million dollar net worth. High asset divorces, whether contentious or not, require an attorney with specialized business and family law knowledge and the experience to handle the legal, business, and financial intricacies that are inherent in high-net-worth divorces. Such intricacies include, but are not limited to:
- Determining the extent of whether the parties’ assets are marital, non-marital, and/or mixed (the characterization of community versus separate property).
- Assessment of desirability of assets i.e., pros and cons of keeping any given asset based on the asset’s characteristics and related liabilities.
- The presence of property and/or the parties in various state or international jurisdictions.
- Large fraudulent transfers of assets or dissipation of marital property.
- Presence of offshore financial accounts and assets.
- Business valuation in divorce.
- Implications of divorce on board of directors/control of business or partners.
- The presence of trusts and transfer restrictions.
- Effect of prenuptial agreements on the divorce.
- Heightened privacy and publicity concerns.
- Affluent lifestyle of the parties.
- Complexity in determining the income of one or both parties for support purposes.
- Underreporting of income or use of deferred income in a business to skew income.
- Tax implications of the divorce.
At the Campbell Law Group, Attorney Regina Campbell is an experienced business and family law attorney who is skilled at finding resolutions specifically aimed to protect her client’s interests in even the most rancorous and complicated high-net-worth divorces. Our firm works closely with financial experts, forensic accountants, foreign attorneys, and other appropriate specialists to assist in determining income, assets, and liabilities, as well as investigating hidden income/assets or fraud of the other party. The Campbell Law Group also possesses the unique legal, business, and financial experience necessary to represent third parties such as a business or business partner who has been brought into a divorce proceeding.
At our firm, we have the business and family law background that is not only crucial but essential for representing high net-worth and affluent individuals in a divorce. The Campbell Law Group is based in Coral Gables (Miami area) and convenient to Broward, Palm Beach and Miami-Dade county clients but we represent clients in high stakes divorce actions all over the state of Florida. For more information regarding how our firm can help you, please contact us.