If you and your spouse are approaching divorce, you need good information and experienced legal counsel to preserve your wealth and emotional well-being. Obviously, the fewer conflicts that arise throughout your divorce, the better it is for your family, fortune and future. But many parties - particularly those with high-value assets - are unable to avoid conflict when it comes to the details of their divorce. How do they overcome contentious disputes while protecting their finances and considering their best interests and those of their children?
Divorce can be difficult for anyone. For clients with high net worth, handling divorces in a way that preserves assets and protects family privacy is an attorney's primary concern.
A Philadelphia man in the middle of a divorce reportedly sent his wife's Corvette into a river, prompting police to search for a possible victim. His soon-to-be former spouse was not in the vehicle at the time, however.
There's a famous cartoon featuring a rock, scissors and paper entitled "Can't we all just get along?" Fortunately, in many Connecticut divorces, the answer to that question is yes, due to an innovative process called collaborative divorce.
If you're contemplating a divorce and you or your spouse owns a business, that business is a marital asset subject to distribution by the court. A lawyer experienced in business valuation and distribution can assist you in receiving your fair share of the business.
The stress and cost of a divorce can be overwhelming. If you are preparing to go through a divorce, an understanding of the tax consequences of divorce is vital to planning for your financial future.