Why You Should Speak with an Attorney if You Are Involved in a High Net-Worth Divorce
For many couples who get divorced, after the Florida equitable distribution law has been explained to them; after they understand it; after they accept it; and the “dust has settled” in the divorce proceedings; then the process of dividing up property can be relatively straightforward. However, for couples involved in high net-worth divorces, it is more difficult because many more complex financial assets are involved. Since these couples tend to have a large number of diverse financial assets, it is imperative to ensure the divorce attorneys used have significant experience dealing with high-net worth divorces. If you are involved in a high net-worth divorce in Sarasota, Bradenton, or Venice, Florida, here is why you should speak immediately with Sarasota divorce attorney Matthew Martell from the Law Offices of Matthew Z. Martell, P.A.:
Identifying and Protecting the Marital Estate
In many marriages involving high net-worth couples, one spouse will generally have greater control over the finances. However, when the marriage dissolves, that spouse may attempt to hide assets or perform other secret acts to maintain control over various financial assets once the divorce is finalized. To ensure you are not on the receiving end of such behavior, always turn to an experienced high net worth divorce law firm in Sarasota, Bradenton, and Venice, Florida such as the Law Offices of Matthew Z. Martell, P.A. for legal assistance.
Dividing a Business
If a high net-worth couple was involved in a business together, it is very important to work with a divorce attorney in Sarasota that has experience in these matters. Determining how this business will be divided will often come down to evaluating the follow: when the business was formed; whether it was formed before or after the marriage; what each spouse put into the business financially; how the business is titled; how business assets and real property are titled; what corporate officer positions each spouse holds; whether one or both spouses work or worked for the business; what fringe benefits are paid by the business for one or both spouses; etc. Therefore, you need to always make sure your legal rights are protected when you own a marital business by hiring a divorce attorney in Sarasota, Bradenton, and Venice, Florida who has experience dealing with such matters like Matthew Z. Martell.
One of the biggest issues in high net-worth divorces is alimony. Alimony can be a significant factor in how your finances and your standard of living will play out in the future. In long term high-net worth divorces, the option of paying lump-sum alimony as opposed to permanent periodic alimony also sometimes comes into play. Whether you are the spouse who will be paying alimony or the spouse who is seeking alimony, you need to be able to always rely on a Sarasota divorce attorney such as Matthew Z. Martell who have experience dealing with alimony in high-net worth divorces in order to assist you in these matters.
To make sure you have experienced and knowledgeable legal representation during your high net-worth divorce in Sarasota, Bradenton, Lakewood Ranch, or Venice, Florida, please schedule your 30-minute free initial phone consultation today with the Law Offices of Matthew Z. Martell, P.A. at (941) 556-7020. We are ready to help you right away!