Gaithersburg, MD High Net Worth Divorce Lawyers
Gaithersburg, MD High Net Worth Divorce Lawyers
When you are getting divorced, there are many concerns you are likely facing. Among the most important issues is how your property will be divided and whether or not you will be able to maintain the lifestyle you currently enjoy. If you are a person who owns high-net-worth assets like vacation homes, luxury cars, 401ks, or a fine art collection, you are likely very concerned about protecting your finances and the valuables that are important to you.
The Gaithersburg high-net-worth divorce lawyers of Z Family Law have a wealth of experience (no pun intended!) helping clients protect themselves and their interests throughout the divorce process. We offer compassionate and thorough guidance so that you can understand your legal options through high-net-worth divorce.
If you are ready to get started, reach out to schedule a free, confidential case evaluation today!
Understanding High-Net-Worth Divorce in Maryland
High-net-worth divorce is distinct from typical divorce because it involves expensive assets that can be difficult to divide, including:
- Vacation homes
- Luxury vehicles
- Land holdings
- Businesses
- Bank accounts
- 401k and IRA accounts
- Investment portfolios
- Boats
- Planes
- Expensive jewelry
- Art collections
- And more!
When you and your spouse are high-net-worth individuals, your assets must be divided fairly, which typically involves the participation of financial professionals who can appraise the worth of your assets and others who can assess the tax implications of your divorce. The process can also necessitate looking for hidden assets, which means the involvement of even more experts!
Because of this, high-net-worth divorce is far more complex than most divorces, and it is typically more expensive.
Due to the nuances of this type of divorce, it is essential to work with experienced Gaithersburg high-net-worth divorce lawyers to protect your interests and fight for the results you want.
How Our Gaithersburg High Net Worth Divorce Lawyers Can Make a Difference
In addition to fairly dividing your assets and protecting the ones that are most important to you, your divorce also needs to address other key issues, including:
- Child custody and support
- Alimony / spousal support
- Addressing tax implications
- Addressing prenuptial or postnuptial agreements
At Z Family Law, our experienced divorce team can help you confront the issues that are prevalent in high-net-worth divorce while also focusing on the concerns that are unique to you.
Throughout this high stakes process, we want to protect you as much as possible, which means that we will first attempt to settle your divorce out of court. Settling your divorce out of court can help you maintain your privacy and give you more control over the outcome of your divorce. However, if going to court becomes unavoidable (or is simply in your best interest), we will fight for you and your assets ferociously.
Let Z Family Law Guide You Through Your High-Net-Worth Divorce
At Z Family Law, we believe that compassion is key. We work to understand you and your needs, and we have a proven track record of helping people through their high-net-worth divorces. If you are ready to get started on the exciting next chapter of your life, we encourage you to reach out today to schedule a free, confidential case evaluation and find out how we can support you.
Frequently Asked Questions
Do I have to go to court in order to get divorced?
No. If your divorce is uncontested, meaning you and your spouse are in alignment on the terms of your divorce, you can settle out of court without the involvement of a judge (though you will still have to briefly appear in court for a short hearing to finalize your settlement and obtain a judgment of absolute divorce). However, we highly recommend every divorcing couple review their marital settlement agreement with a family law attorney before signing it, just to make sure you know what you are agreeing to!
How can I prove fault in my divorce?
If you want to allege some fault that led to the breakdown of your marriage such as adultery, abandonment, abuse, mental health issues, or substance addiction, you should do all you can to document the incident(s) including saving any kind of relevant communications such as texts or emails. Speak with our lawyers about your options, and we will begin the process of making a case for your interests.
Is Maryland a community property state?
No, Maryland is an equitable distribution state, meaning that any property acquired during the marriage (marital property) will be divided equitably but necessarily equally in a divorce.