Divorce with High Income and Assets in Minnesota

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.

From the author: St. Paul Divorce Attorney Chris Banas

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