Navigating High Asset Divorces: Why You Need a High Asset Divorce Attorney Deerfield

 It is alway difficult to terminate a marriage especially when there is a lot at stake For this reason, decision to dissolve the marriage was most likely influenced by the involvement in the acquisition of these properties. High Asset Divorce Attorney Deerfield gives rise to numerous legal issues, especially since they elaborate on different economic issues and blend it with passion-ridden arguments. Thus, one is advised to consult a professional lawyer when such incidents happen. Hiring a professional high asset divorce lawyer in Deerfield guarantees that your financial welfare is given the maximum protection besides ensuring that the process is carried out professionally.

Allow you to know that at Hammer Serna & Quinn, LLC we take time to address the difficulties associated with high asset divorce. At our multi million practice, lawyers are experienced and focused on offering quality legal services specific to the needs of wealthy clients. When it comes to uneven and diversified properties, equal division of assets, child and spousal support and tax issues, intricate professional appraisal guarantees equal division.

The difficulties in High Asset Divorce Tariff Cases

As discussed earlier, a high asset divorce is the process of distributing significant marital wealth that can be either physical or nonphysical in nature. Tangible assets may consist of real estate, luxury cars, and other expensive items that a person owns, and intangible assets consist of stocks, bonds, retirement funds, and partnership in a business among others. The assessment as well as the distribution of these assets is a technical process that should be handled by professionals. This is where the high asset divorce attorney in Deerfield will be very helpful in this process of going through the divorce process.

High Asset Divorce and Common Assets

In a high asset divorce, whether in Colorado or any other state, the possible spouses’ properties that have to be appraised are many. Some of the most common assets include:

Real Estate: Affluent people can possess one or more homes, which can be a primary home, secondary home, or an investment home, among others. Real estate issues involve proper valuation and division, which is very important when the division has to be made.

Business Interests: High asset cases often come up where at least one of the party is involved in a business. Evaluating business assets is not always an easy process, this is especially the case in a business that is privately owned. Further, there tends to be disagreements on proportionality of business as marital asset and whether or not it has to be split or one of the parties awarded a portion of the business as business asset.

Investment Portfolios: Such assets as stocks, bonds and others that may be used have to be considered, with regard to the present value and expected future appreciation. Thus, a competent high asset divorce attorney in Deerfield will help the client ensure that all investments are properly valued and ultimately divided in a manner which is fair.

Retirement Accounts: 401(k) plans, IRAs and pensions, qualify as marital assets, and they can constitute a major portion of the couple’s retirement funds. Equitable division of these accounts, while not incurring higher tax liabilities is not a simple exercise and one needs to understand both divorce laws and tax laws.

Offshore Accounts and Hidden Assets: As mentioned earlier, high asset divorces refer to cases where the couple own a lot of property and the couple may use structures such as offshore accounts, trusts and deferred compensation. This paper focuses on determining and correctly estimating them with an aim of coming up with fair values.

Intellectual Property: The most difficult thing remains to be the division because it has future earnings and can be in the form of patents, copyrights, or trademarks. In these cases, it is therefore crucial to employ a high asset divorce attorney in Deerfield with a background in dealing with intellectual property.

Why Hammer Serna & Quinn, LLC?

Having been dedicated in practice for many years Hammer Serna & Quinn, LLC offers its clients quality legal representation in high asset divorces in Deerfield. All of our attorneys are well equipped to handle various complicated financial situations and are also both negotiators and litigators. Our practice is client-oriented to guarantee that your case is handled with the most adequate and individual approach.

Get in touch with a Deerfield high asset divorce lawyer today

Hence, when you are going through a high asset divorce you need a strong lawyer by your side. If you need professional assistance and representation in Hammer Serna & Quinn, LLC, then you have come to the right place. Assisted by our qualified attorneys, you will not have to worry about your assets and it shall be ensured that your interests are being looked into.

Do not take a risk at building a future for yourself financially. For an appointment with an excellent high asset divorce lawyer in Deerfield, please get in touch with our office for a consultation.

For more information Hammer Serena & Quinn, LLC can assist you, visit our website  https://www.hsqlawfirm.com/ or contact us at 312-372-6058.