High Net Worth Divorce Solicitors
Further Information
High net worth divorce cases are often substantially more complex and lengthy due to the combination of assets, business interests, pensions, ongoing maintenance and the tax liabilities that are likely to be involved.
Frequently in a high net worth divorce one or both of the parties may have assets relating to a business including shareholding. Accurate business valuation is crucial to ensure that your settlement properly reflects your entitlement. Unfortunately, valuing a businesses proper value at any point in time can be more difficult than you may imagine, especially if the divorce is acrimonious with one party arguing for a high valuation and the other for a low one. In many instances it is necessary to appoint experts to assess these financial affairs. Often, each side has it's own expert valuing the assets, however, in more amicable divorces an independent expert can vastly reduce the cost and complexity of the process. Our specialist panel solicitors work with proven experts in this field to ensure that when we are preparing your case it is on the most informed basis possible.
There are also likely to be a number of tax implications associated with the assets which may arise when assessing your properties, employee contracts and benefits and other assets with financial value, which again we have high net worth divorce solicitors with specialist knowledge. Please see our Business section for further information.
If a pension portfolio exists it is necessary to look at whether the split is fair and consider taking independent advice on future investment.
There may also need to be negotiations regarding whether ‘maintenance’ payments need to be made to either yourself or your spouse over the coming years and whether risk exposure on assests, mainly the businesses exists for either party.
Getting these aspects right is critical, in order to ensure your assets and interests are protected. High net worth divorces can be long and complex and you need to ensure you work with a solicitor with a proven track record in this field with access to the appropriate experts. When considering your expert, ensure that you get a well trusted, respected firm of solicitors specifically experienced in high net worth divorce. We have the resources within our panel of experts, and can put you in the hands of the caring high net worth divorce solicitors that best suit your requirements.
If you would like to contact us, either by phone or by using the contact form below, our consultants will be happy to give advice and be of assistance.
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