High-net-worth divorces often involve complicated property division, which can prolong the process and cause considerable frustration for both spouses. Significant assets and large amounts of money are involved, so it’s not uncommon for disputes to arise over property division. On occasion, one spouse may attempt to hide assets or engage in financial shenanigans. Our Decatur, AL high net worth divorce lawyer protects your property rights and ensures you receive a fair divorce settlement. Contact New Beginnings Family Law today to schedule a personalized consultation.
When we say “high net worth” for divorce, we’re typically talking about marital assets exceeding $1 million. Because Alabama is not a community property state (where assets are usually split 50/50), dividing these assets requires a thoughtful strategy and a clear understanding of how the law defines separate and marital property. Alabama follows an equitable distribution rule for divorce, meaning the court divides marital property based on what is considered fair, which is not always equal. You can imagine that “fair” looks quite different to each spouse.
As your Decatur high net worth divorce lawyer, our focus is on getting the right amount of money and assets for you. Whether you are the primary earner looking to protect what you’ve built or a spouse who stepped away from their career to raise a family or earns significantly less, dedicated time to raising a family, we work to ensure your financial future is secure.
Often, our clients’ cases require the services of forensic accountants who can identify all marital assets, specifically those that may not have been disclosed during the divorce discovery period. It’s not unusual to uncover property or accounts that may not have been fully disclosed. If this occurs, we take swift legal action to ensure you receive your fair share.
Whether your priorities include spousal support, retaining certain assets, or preserving what you brought into the marriage, we protect you at every stage of your divorce. Our skillful negotiation often results in equitable out-of-court settlements that save our clients time and money. However, we’re tough and tenacious, and are prepared to file appropriate motions and petitions with the court for your financial benefit.
High-net-worth divorces often involve detailed negotiations and nuanced financial considerations. Our Decatur high net worth divorce lawyer advocates firmly on your behalf to reach the best possible result. With extensive experience handling high-asset divorce cases and a strong understanding of Alabama family law, our legal team can give you the means to build a positive future for yourself after the divorce.
Are you going through a divorce involving over $1 million in assets? You need serious legal help, and you’ll get it from New Beginnings Family Law. Call us today for a confidential consultation.
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