Tampa High-Asset Divorce Lawyer
Ending a marriage is never easy, regardless of the circumstances. All divorces have complications, as they include elements such as child custody, child support, alimony, and property division. Things can get even more complicated when you add a high net worth to the mix. That’s because there is a much higher amount of money and assets that need to be divided as part of the divorce settlement.
What exactly is a high-asset divorce? There is no cut and dry rule or dollar amount that makes a divorce a high-asset one. Typically, it is one that involves millions of dollars and/or complicated assets such as businesses, real estate partnerships, trust funds, stock options, deferred compensation, and retirement accounts.
Keep in mind that a high-asset divorce costs more than an average divorce due to all the elements involved. You may need to go to court to have a judge make a decision on some elements. A high-asset divorce will also take longer, as it could take some time for your lawyer to accurately calculate the value of the assets involved in your divorce. Don’t try to rush this process; remain patient.
The team at Westchase Law can help you handle all the nuances of a high-asset divorce. Contact our experienced Tampa high-asset divorce lawyer today to get started.
How to Protect Yourself
High-asset divorces can be stressful and complicated. Here are some ways to protect your legal rights:
- Contact a lawyer right away. Even if the relationship ends amicably, you need to have a skilled lawyer on your side. Divorce can bring out the worst in people, so you need to do what you can to protect your assets. Your lawyer can help you understand your rights and responsibilities.
- Gather documentation. Keep records of marital assets and debts, such as cars, houses, credit card debts, bank accounts, and retirement accounts. Anything acquired during the marriage should have documentation attached to it so the property gets divided fairly in a divorce.
- Read your prenuptial/postnuptial agreement. If you have such a document, it should outline your legal rights in the event of a divorce. Your lawyer can review your prenup/postnup and help you understand your legal rights. Your lawyer can help with any marital assets not mentioned in the agreement.
- Hire a forensic accountant. Forensic accountants can be especially helpful in high-asset divorces. When there are a lot of assets involved in a marriage, it’s common for people to hide them so they can avoid splitting them. A forensic accountant can prevent this by reviewing credit card statements, tax returns, property deeds, stocks, and other investments.
Contact Westchase Law Today
Regular divorces are stressful enough. Divorces involving significant money and assets are even more complicated.
Westchase Law can guide you through the process. While we can’t promise you an easy and stress-free divorce, we can help you reduce the emotional strain and secure an agreement that meets your needs. Let us help you divorce with ease. Contact our experienced Tampa high-asset divorce lawyers today by calling 813-490-5211.