San Mateo County High-Asset Divorce Lawyer
A standard divorce has the potential to be fairly stressful when it comes to division of property – but things can get infinitely more complicated when one or both parties have a high net worth.
High-asset divorces can be an intricate minefield to navigate, due to the subtleties involved with large sums of money – not to mention the high emotions and potential egos maintained through the divorce process. The Schoenberg Family Law Group, P.C. has the experience, knowledge, and compassion to handle your high-asset divorce, and all complicated matters of property division.
Experienced in All Matters of High-Asset Divorces
The Schoenberg Family Law Group, P.C. has more than 30 years of experiences across all types of divorces, including high-asset divorces. We have hands-on experience in many facets of the high-asset divorce process, including a firm grasp on many assets commonly considered in high-asset dissolutions, such as:
- High-asset homes and other real estate
- Any marital debts, including credit cards and unpaid taxes
- Any investments, including stocks and cash accounts
- Any retirement accounts, such as pensions, 401(k)s, and IRAs
- Any physical high-value property, such as artwork, jewelry, and automobiles
- Hidden assets, including those from offshore accounts
- Any signed prenuptial or postnuptial agreements
With so many assets and properties potentially involved in a high-asset divorce, each spouse must be thorough and comprehensive in disclosing his or her properties – and then determining the monetary value of each. In such cases, a divorce attorney is vital for the proper, accurate recording of all your assets.
The Many Complexities of High-Asset Divorces
High-asset divorces come with a large laundry list of complicated topics to resolve before coming to an agreement about property division.
In the state of California, any income earned or asset acquired while married falls under community property – meaning that, in the event of divorce, each party receives community property and assets that are equivalent in value.
A division of high assets also requires a comprehensive look at each spouse’s financial health, including a full disclosure of all assets, and an accurate determination of each party’s net worth. This may require the services of financial experts to help with valuation of property and the monetary value attached to each spouse.
The tax ramifications are also important to note in a high-asset divorce. The large amount of properties, transfer of ownership, and any capital gains on liquidation of investments can complicate an already complex division process.
In these cases, it’s always recommended to contact the capable attorneys at Schoenberg Family Law Group, P.C. for assistance in proper, reasonable asset division.
Speak With Us Today
The sheer scale of the assets and emotions involved in a high-asset divorce can cause it to a complicated, long process. The Schoenberg Family Law Group, P.C. has the resources, knowledge, and transparency to ensure that the property division process is fair to all parties involved.
We have the resources to retain financial experts, accountants, and tax experts to help determine the monetary value of all your property, determine your net worth, and understand the tax ramifications of high-asset divorce. We want to ensure that each of your high-value assets are accounted for, so that we can then provide you with sound strategies to secure an agreement that is fair for all parties involved.
If you are in the middle of a high-asset divorce, please contact us online or call 415.834.1120 to discuss the unique circumstances of your high net worth dissolution case.