Divorces that involve significant assets and income are more complex and require sophisticated handling. Careful preparation and accounting are critical elements to identify individual assets and minimize potential tax liabilities.
ROAD to RESOLUTION has extensive experience working with qualified CPAs, financial planners, business valuation experts, tax professionals, and forensic economists to ascertain the proper valuation of assets. This can include restricted stock awards, commercial property assets, business or personal investments, tangible and intangible business assets, active and passive appreciation of investments, compensation packages, and pensions unique to executives, as well as inheritances obtained before, during, or after the marriage. We then work with clients in negotiating complex property division agreements and alimony that minimize potential tax liabilities.
At ROAD to RESOLUTION, we deeply understand complex financial issues, including tax implications and asset valuation, allowing us to offer personalized advice tailored to your situation. We will work diligently to uncover assets and assess the value of businesses or professional practices, ensuring that all marital property is accounted for during the division process. Additionally, we can handle prenuptial and postnuptial agreements, protecting your assets and investments from potential disputes in the future. With our comprehensive knowledge and skill in handling high-net-worth divorces, we can efficiently navigate the legal complexities that often accompany a high-net-worth divorce. Additionally, at ROAD to RESOLUTION, we provide the utmost discretion in all aspects of our representation.
We can conduct in-depth financial analysis and work with financial experts to determine the accurate value of assets, businesses, and investments. We can address any tax implications and long-term financial consequences of divorce, ensuring that our clients are prepared for their financial future post-divorce. The primary goal of a high-net-worth divorce is to preserve our client’s wealth and maintain financial stability.
If you have significant assets and are facing divorce in North Carolina, take the first step toward protecting your assets by reaching out to Robin M. Mermans and her experienced and knowledgeable team at ROAD to RESOLUTION.
1. What qualifies for a high-net-worth divorce in North Carolina? While there is no specific financial threshold to define a high-net-worth divorce in North Carolina, it typically refers to divorces involving substantial assets, investments, businesses, and properties. It might also include cases where the combined net worth of the couple exceeds a certain amount.
2. What role do business valuations play in a high-net-worth divorce? Business valuations are crucial in a high-net-worth divorce when one or both spouses own a business. Accurately valuing a business ensures that its worth is appropriately considered in the division of marital assets. Valuation experts are often engaged to assess the business’s value, considering factors such as revenue, profitability, assets, and market conditions.
Contact our law firm today to schedule an initial consultation.
