Divorce Guide

HIGH NET WORTH

A divorce is complicated even under the best of circumstances. A high net worth divorce is especially so.

If you are facing the complexities of a high net worth divorce, a good place to start is by pinpointing the issues that will be present in your case.

Oregon law does not require equal distribution of property in a divorce, but fair according to the contributions of each spouse.

Fair, Not Equal

PROPERTY DIVISION

Contributions to the marriage  include the work done by a spouse who stayed at home to raise children or be a homemaker.

Fair, Not Equal

PROPERTY DIVISION

Identifying assets and knowing what each spouse is entitled to under the law is essential for a fair settlement.

Identifying Assets

Houses / properties

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Business valuations

Investiments

Marital assets & debts

Children's needs

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5 THINGS YOUR COMPLEX DIVORCE ATTORNEY SHOULD INVESTIGATE

In a complex divorce, several types of properties my be involved, including:

Property 

HOUSES & PROPERTIES

01

The marital home

HOMES & PROPERTY

Second or vacation home(s)

Property maintenance costs

Income properties

A business may present one spouse with an opportunity to hide assets. Business-related items to investigate include:

Businesses 

BUSINESS VALUATIONS

02

Business shares

BUSINESS VALUATIONS

Stock options

Executive & owner compensation

Commercial property

Inventory

Client lists & intellectual property

Investments made during a marriage should be assessed for asset division. Potential investments in a complex divorce include:

Investments

INVESTMENTS

03

Stocks & bonds

INVESTMENTS

Retirement plans & 410Ks

Offshore investments

Profit sharing plans

Which assets & debts were held by each spouse before entering into the marriage and which were acquired during the marriage?

Assets & Debts

ASSETS & DEBTS

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Checking &savings accounts Art Jewelry Furniture Vehicles Boats

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ASSETS INCLUDE

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Credit cards Personal loans Investment losses Business losses Taxes

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DEBTS INCLUDE

When children are involved in a divorce, it raises the level of complexity. Considerations surrounding children include:

Children's needs

CHILDREN

05

Parenting time

CHILDREN

College savings plans

Custody (legal & physical)

Trusts & inheritance

Child support

Private school tuition

If you are facing a divorce, contact one of our family law attorneys at Gearing, Rackner & McGrath, LLP. 

Our divorce lawyers can guide you through the process, explain the law, and represent your interests. 

Seek Counsel