Lawyers With Insight Into High-Asset Divorce Matters

Most people work hard to build their financial portfolios, retirement funds and savings accounts. In some marriages, there is total transparency between spouses regarding their finances. In many marriages, however, spouses are rightly skeptical about the true value of the assets in the marriage.

Accurately Valuating All Assets In The Marriage

Although financial unawareness can sometimes be tolerated during marriage, it’s critical to know the exact value of every asset each spouse has when they are facing divorce. Even if you think you have a good idea of the value of your finances, it’s important to work with our team of experts who can help verify your numbers.

The Law Offices of Forrest & Forrest, PLLC, works with individuals throughout South Florida to help them prove the true value of the incomes and assets in their marriages.  We have experience discovering and valuating all assets, including:

• Hidden assets
• Offshore assets
• Businesses
• Stock options
• Real estate
• Assets fraudulently transferred to others

We know the appropriate discovery tools and mechanisms to uncover the truth. Plus, to help ensure all assets are properly valuated, we work with a variety of financial experts, including forensic accountants, valuators, appraisers, actuaries, investigators, pension experts and other consultants. We have strong connections throughout the area and are familiar with the tricks dishonest spouses may attempt in an effort to conceal assets.

Frequently Asked Questions About High Net Worth Divorce In Florida

There are a lot of matters to discuss during a high net worth divorce. Couples may have questions about their legal options during their divorce. Here is a collection of frequently asked questions:

How can I maintain privacy during a high net worth divorce?

Privacy is essential for people who wish to keep their high net worth divorce away from the public. There are several ways to maintain privacy during a high net worth divorce. One popular way is mediation. Mediation allows couples to settle their divorce outside of court by reaching a mutual agreement. Divorce mediation involves a neutral third party called a mediator who assists in negotiations for a divorce settlement. The mediator can help facilitate discussions on asset division, spousal support, child support and custody. An attorney can help you explore your options to maintain privacy during your divorce.

How do prenuptial and postnuptial agreements impact a high net worth divorce?

Prenuptial and postnuptial agreements are legal documents that are made to help protect assets and decide other family matters if a marriage ends. A prenup is made before a marriage, and a postnup is made during a marriage. These documents can be presented during a high net worth divorce to help ensure each spouse keeps separate and marital property, inheritance and gifts and divides debts and joint accounts.

What is the role of forensic accountants in high net worth divorces?

A high-asset divorce contains valuable property, which can be hard to distribute. A forensic accountant can assist in several ways during a divorce, such as identifying, valuing and analyzing complex assets. These assets may include real estate, business investments, stocks and jewelry. A forensic accountant can also locate hidden assets and provide expert testimony to support asset division.

How are spousal and child support calculated in high net worth cases?

Many factors can affect spousal and child support in a high net worth divorce. For spousal support, some things that may affect a case include:

● Length of a marriage
● Financial contributions to a marriage
● Earning capacity
● Business ownership
● Standard of living

For child support, the following factors may affect a case:

● Number of children
● Children’s needs
● Standard of living
● Each parent’s income

An attorney can help couples negotiate fair spousal and child support in a high net worth divorce.

Contact Our Property Division Attorneys

Whether you are skeptical about how much your spouse claims to earn or need to defend yourself against your spouse’s false allegations about the value of your assets or income, it’s critical to work with attorneys who have experience working with couples in South Florida who are resolving high net worth divorce matters. Daniel E. Forrest is Board-Certified in marital and family law issues such as support orders.

To schedule your initial consultation with an experienced lawyer, contact the firm online or call 954-859-1715. We have offices in Fort Lauderdale and Boca Raton.