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Divorce with High Income and Assets in Minnesota
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Often times in divorces, couples have high assets and incomes that they need to protect. If you need to protect your interests, your attorney will need to work with other professionals (such as CPAs, business valuations, tax attorneys) to evauluate disclosed and hidden assets. The financial professionals will review documents, including: business financial statements, real estate record, tax returns, probate documents, and executive pay plans. These are often complicated divorces with financial consequences that may affect the parties' for the rest of their lives.
Complicated Assets in a Divorce Proceeding
You may need to consult a Minnesota divorce attorney with experience handling complex property division issues if any of the below factors apply to your situation:
- Family-owned or closely-held business
- A self-employed spouse making significant income
- A significant inheritance at some time by one or both spouses
- Pre-nuptial/antenuptial or post-nuptial agreements
- Real estate, including multiple homes and/or vacations houses
- Unique or unusual assets, such as automobiles, art and/or collectibles
- Stock options or executive compensation packages
- Defined benefit pension plans
- Military benefits
- The value of a professional degree held by one or both spouses
- The value of any patents held by one or both spouses
Remember, the financial consequences of divorce can be long lasting. Contact an experienced attorney to help ensure that the final settlement is fair.
