The divorce process can be complicated enough with minimal assets and property, but addressing divorce issues involving high net worth couples is even more complex. When high-value assets and properties are involved in a divorce, it is especially important that your lawyer have experience understanding the valuation of such assets, as well as the knowledge to identify and prove those that are not marital.
At my Rockville, Maryland, office, clients have trusted me, attorney Steven J. Gaba, with their high net worth divorces and other family law matters for nearly 25 years. I understand how to identify and protect specific assets. When necessary, I will consult with forensic accountants to trace business assets and other property.
Asset division for business owners and high net worth individuals can be complicated. It is essential that we ascertain the proper value of all assets to see that the property is fairly divided, according to the law of equitable distribution.
Uncovering all assets can also pose a challenge, especially if a spouse has foreign bank accounts or any offshore businesses or accounts. I work tirelessly to see that all assets and property are accounted for and dealt with accordingly.
When a couple is involved in a closely held or family business, it can make property division even more difficult. A thorough business valuation must be done to determine the total assets and liabilities of the company. Only then can the property division process proceed and parties be properly compensated, whether the business is dissolved or not.
The higher the income of a couple, the more likely that spousal support or alimony will be awarded to one of the parties. The courts will consider a range of issues, including the income of each party and length of the marriage, before a determination is made. In situations where one party stayed at home while the other worked, it is also highly likely that spousal support will be awarded. I will work my best to secure the spousal support you deserve.
If you are involved in a high-asset divorce, you need an experienced, trustworthy and thorough lawyer. Do not hesitate to call me to discuss your specific questions and concerns regarding your high-asset divorce. The law office of Steven J. Gaba can be contacted at 301-738-7770. I also accept email inquiries.