Handling Substantial Marital Estate Divisions
The process of untangling marital property interests in divorce always has the potential to be complex and stressful, especially when substantial and complex assets are involved. In large marital estates, each side may have significant interests at stake in the resolution of many different details.
At the Law Office of Cecil & Cianci, PC, we help clients with significant assets pursue successful outcomes in complex property division cases. Contact us to schedule a consultation with a knowledgeable California divorce lawyer.
Valuing and Assessing Community Assets and Debts
When individuals with high assets get divorced, it often becomes necessary to divide the ownership of (or interests in) assets. At our law office we have experience with valuing and assessing the following:
- Businesses including S corporation, C corporations and LLCs
- Professional practices including physician PLLCs, dental offices, law firms, veterinary clinics and accounting firms
- Retirement accounts
- Real estate property including second homes, vacation property, commercial property and unimproved property
- Other investments such as stocks, bonds, collections, artwork and more
In many cases, investments are financed by debts, which must also be taken into account for the division of community property.
High-asset divorces typically require skilled valuations and assessments by qualified professionals, such as accountants, economists and business experts. Typically, both sides will consult their own experts, who may not always agree.
High-net worth individuals often have prenuptial or postnuptial agreements that, if valid, will affect the division of property in divorce. We are skilled at evaluating and interpreting these agreements.
Diligently Evaluating Possible Tax Consequences
One major consideration that should be carefully addressed during high-asset property division in divorce is the tax implications of dividing any certain assets. Dividing community property a particular way without the participation of tax professionals can result in unforeseen, long-range tax consequences.
Our law firm will carefully evaluate your property division options for their tax implications, with the help of qualified expert consultants if necessary. In many cases, it is possible to achieve better results for both spouses with the assistance of skilled tax advice.
Aggressive Pursuit of Your Family Law Goals
A settlement agreement is generally the best divorce outcome for high-asset individuals, as it allows you and your spouse to address each of your concerns in sometimes innovative ways. However, we stand ready to pursue positive outcomes in litigation if necessary.
Contact our Roseville law office to discuss with an attorney any concerns you may have about the impact of property division regarding substantial or complex assets.