Why choosing a High Net Worth Divorce Attorney is important to you - PowerPoint PPT Presentation

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Why choosing a High Net Worth Divorce Attorney is important to you

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Legal separation of any kind can be a messy situation for those involved. However, when high net worth individuals are involved in such proceedings it can be far more complicated, with much more to be considered... – PowerPoint PPT presentation

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Title: Why choosing a High Net Worth Divorce Attorney is important to you


1
WHY CHOOSING A HIGH NET WORTH DIVORCE ATTORNEY IS
IMPORTANT TO YOU Legal separation of any kind can
be a messy situation for those involved.
However, when high net worth individuals are
involved in such proceedings it can be far more
complicated, with much more to be
considered. This does not mean it has to be any
more long-winded or painful for the family. If
you choose a high net worth divorce attorney,
their expertise can make the process smoother and
easier on everyone. Those with high net worth
will have more assets to consider than others,
and it can be very difficult to divide these
fairly if the legal team arent used to dealing
with these. Specialist high net worth divorce
attorneys exist in order to dedicate their
expertise to individuals that are as such. They
have learned how estates and wealth are acquired,
and what should be considered when a high net
worth couple seek divorce. They will look at all
the different sources of income and wealth,
whether it has been inherited, earned through
business or invested. It is imperative that your
high net worth divorce attorney can identify and
lay on the table all of the assets that you or
your partner own. The issue of custody and care
of children also changes a lot if someone is of
high net worth.
The child or childrens needs will be different,
though their rights do not change. This will
help determine how the child is supported in
terms of who they live with most of the
time. The best and most obvious example of this
is the child or childrens education. If one
party has more net worth than the other, and the
child is to spend most of their time with the
latter party, the amount of child support and
spousal support will probably increase. There
have been many high-profile cases of divorced
wives taking lump sums of wealth from their
ex-husbands, thanks to high net worth divorce
attorneys, but it seems to be less and less the
case in the modern age.
2
The traditional role of women in marriage has
changed, and it is quite often the case that both
parties will have their own assets and be able to
come to an amicable agreement by way of
mediation. It is more likely that there will
have been some sort of premarital agreement
between both parties, or that the solution will
be regular spousal support payments that will
last until such time as the court deems
necessary. If both parties are of high net
worth, the high net worth divorce attorney will
help each individual to realize where they will
stand as single people, and advise them on
looking after their own assets. This may mean
less spousal support, but can also be a point of
contention between the ex-couple. High net worth
divorce attorneys are a must for those who are
looking for professional and informed advice
during a particularly complex legal separation
that involves more assets than most. As long as
you pick a reputable company, you can be safe in
the knowledge that you and your investments will
be protected. Source http//www.liga-virtual.com
/why-choosing-a-high-net-worth-divorce-attorney-is
- important-to-you.html
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