Handling Substantial Marital Estate Divisions
The process of untangling marital property interests in divorce always has the potential to be complex and stressful, but especially when substantial and/or complex assets are involved. In large marital estates, each side may have significant interests at stake in the resolution of many different details.
At Law Office of Melissa D. Cianci, in Roseville, our attorneys help clients with significant assets pursue successful outcomes with complex property division. 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 ownership of and/or interests in assets such as businesses, professional practices, retirement accounts, real estate and other investments. In many cases, investments are financed by debts, which must also be taken into account in 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.
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, our attorneys stand ready to pursue positive outcomes in litigation if necessary.
High-net worth individuals often have prenuptial or postnuptial agreements that, if valid, will impact 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 ramifications of dividing certain assets. Dividing community property a particular way without the participation of tax professionals could have unforeseen, long-range tax consequences.
Our law firm includes experienced tax attorneys who can 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 help of skilled tax advice.
Contact us to discuss any concerns you may have about the impact of property division on substantial and/or complex assets.
