Potomac, MD Divorce Lawyers
Potomac, MD High Net Worth Divorce Lawyers
Though divorce is always stressful, getting divorced as a high net worth individual is far more complex and high stakes than the average divorce, which is why you need the help of competent legal counsel with a track record of helping protect high net worth clients.
The Potomac high net worth divorce lawyers of Z Family Law have a long legacy of helping clients navigate this type of divorce. If you are concerned about your high net worth assets, such as your business and retirement accounts, we can help you understand your legal options and fight for what you need. We are trusted for our compassionate service and tailored strategies that further your goals for your divorce.
We want to help our clients through every step of divorce so they can move forward with confidence to create a new beginning. Reach out to schedule a free case evaluation with Z Family Law and learn more about how we can help you preserve your most important assets.
Divorce Vs. High Net Worth Divorce
High net worth divorce includes the typical concerns of divorce and so much more. When a couple possesses highly valuable assets such as businesses, investment portfolios, real estate holdings, retirement accounts, and other similar financial holdings, as well as high value personal property, such as luxury vehicles, art collections, and jewelry, the process of divorce increases in time, expense, and complexity. Financial assessment and valuation becomes necessary to ensure that divisions are fair, and that there are not any assets being underreported. Tax implications also become more relevant in these types of divorces.
Our Potomac high net worth divorce lawyers can collaborate with financial experts and other personnel to help you get the results you deserve.
Factors In A High Net Worth Divorce
There are many factors that contribute to the complexity of high net worth divorce, including, but not limited to:
- Determining child custody and support, which can be influenced by assets and finances
- Spousal support, including whether it needs to be paid, and by whom
- Asset appraisal and valuation
- Searching for hidden assets
- Dealing with the tax implications of your divorce
- Evaluating your prenuptial agreement and its implications for your divorce
- Taking into stock any unusual assets such as intellectual property
- And more!
If you have specific questions regarding your high net worth assets and how they will influence your divorce, Z Family Law can help you understand your options.
How Our Potomac High Net Worth Divorce Lawyers Can Help
At Z Family Law, our team works closely with each client to create strategies that will get them furthest towards achieving their goals for divorce (and life afterwards). We understand that you want to protect your financial interests, which is why we tailor our strategies to best fit your needs. We also understand that your privacy is important to you, especially in the realms of marriage and finances, which is why we try to negotiate out of court to get the settlement you want.
However, if a settlement cannot be reached out of court, we will fight your case diligently and with strategies that have the best chance of giving you the outcome that works best for you and your future.
Z Family Law Will Stand Beside You in Your High Net Worth Divorce
At Z Family Law, we value compassionate and dedicated service above all else. We know that divorce can be an emotionally compromising time, especially when your finances are at risk, and we’re here to support you every step of the way. Reach out to schedule a free confidential case evaluation and learn more!
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.