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
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
Identifying assets and knowing what each spouse is entitled to under the law is essential for a fair settlement.
Houses / properties
Marital assets & debts
5 THINGS YOUR COMPLEX DIVORCE ATTORNEY SHOULD INVESTIGATE
In a complex divorce, several types of properties my be involved, including:
HOUSES & PROPERTIES
The marital home
HOMES & PROPERTY
Second or vacation home(s)
Property maintenance costs
A business may present one spouse with an opportunity to hide assets. Business-related items to investigate include:
Executive & owner compensation
Client lists & intellectual property
Investments made during a marriage should be assessed for asset division. Potential investments in a complex divorce include:
Stocks & bonds
Retirement plans & 410Ks
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
Checking &savings accounts
When children are involved in a divorce, it raises the level of complexity. Considerations surrounding children include:
College savings plans
Custody (legal & physical)
Trusts & inheritance
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.
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