High Net Worth Divorce
For a couple of substantial means, divorce can have a serious impact on everything from business ownership and investments to shareholder relationships. It is critical that you navigate this process with qualified and capable legal representation.
Equitable Division For High-Asset Clients
At Rosenbaum Bloom Meyerson Galinsky P.C., our attroney is a highly-experienced divorce litigator with the sophisticated legal understanding necessary to value and divide large estates and substantial assets. Our attorney has more than 40 years’ experience representing couples with high net worth, providing innovative solutions that divide the property while aggresively protecting our clients’ interests.
For more information about our representation in high net worth property division, please contact our Farmington Hills, Michigan, firm today.
Business ownership can be one of the most difficult elements of property division during divorce. This can range from ownership of a family business or professional practice to part ownership of a significant corporation. Detailed valuation must be completed to understand how much ownership the couple has in the business and how that value is to be divided between the two.
In addition to business valuation and division, we assist our clients in the division of all types of accounts and assets, including:
- Investment portfolios
- Stock options
- Annual and advance earnings
- Retirement accounts, including 401(k)s and IRAs
- Offshore accounts
- Real estate
- Bank accounts
We work with forensic accountants to trace the earnings of these accounts to provide the most accurate valuation possible. This maticilous and approach also allows us to identify any assets or property that might have been concealed by one party in hopes of withholding it from the division.
We also help our clients understand any tax consequences that could arise because of the division, offering solutions and strategies for minimizing those penalties.