Rockville, MD High Net Worth Divorce Lawyers
Rockville, MD High Net Worth Divorce Lawyers
Going through divorce is never easy, but when there are high net worth assets involved, the process becomes more complex, and the stakes are higher. One of your biggest concerns as a high net worth individual going through divorce is sustaining your finances and maintaining the lifestyle you’ve worked hard to earn, which is why you need the help of qualified legal counsel.
The Rockville high net worth divorce lawyers of Z Family Law have the experience and skill necessary to help you safeguard your most important assets throughout the contentious process of divorce. We work with you one-on-one to understand your goals for your divorce, and life afterwards, and to build strategies to help you achieve them. Our tailored, compassionate service ensures that we are aligned with your needs and doing all we can in service of your vision for your future.
If you are facing divorce, we can help you understand your legal options and defend you and your interests throughout the process and beyond. Reach out to schedule a free confidential case evaluation.
What is High Net Worth Divorce?
High net worth divorce differs from regular divorce because it involves individuals who have some sort of major financial interest, whether that means they own businesses, investment portfolios, real estate holdings, retirement accounts, and similar valuable assets. When people with these types of assets get divorced, their case requires the help of financial analysts for steps like valuing assets and considering tax implications.
Since these types of divorces require more steps because experts outside of the legal sphere need to be consulted, they can take longer and be more expensive.
Factors In A High Net Worth Divorce
When you are going through a high net worth divorce, you are facing a high-stakes process with a wide range of financial concerns, including:
- Child custody and support, which can be affected by your assets and financial situation
- Whether you pay or receive spousal support (also known as alimony), which is determined by your financial situation relative to that of your spouse
- Appraisal and valuation of your assets, including antiques and artworks
- Dealing with allegations of hiding assets
- Assessing tax implications
- Determining what role your pre/postnuptial agreements will play in the process
- Considerations for unique assets such as lottery winnings, cryptocurrency, luxury goods, and collectibles
- And more!
There are many factors that affect divorce when high net worth assets are at stake, so it’s essential that you work closely with a highly experienced divorce team that can help you protect yourself throughout your divorce.
How Our Rockville High Net Worth Divorce Lawyers Can Help
Strategy is essential when fighting a high net worth divorce. At Z Family Law, we are committed to thoroughly addressing and strategizing to address all your divorce needs. We understand that your privacy is paramount, which is why we prioritize strategies of negotiation or mediation so that you have the potential to settle outside the courtroom while still enjoying beneficial results - including keeping the power in your hands.
That being said, if litigation is unavoidable, our Rockville high net worth divorce lawyers have the experience and skill to reach a favorable outcome. Our track record of walking alongside families and individuals through divorce includes achieving favorable results for high net worth individuals, so you can rest assured that your high value assets and financial security are in good hands.
At Z Family Law, we don’t write endings - we create new beginnings. Reach out to us to schedule a free initial case evaluation and learn more about how we can help!
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.