speak-to-an-attorenyColorado High Net Worth Divorce Attorney

A high net worth divorce is a divorce involving a couple with significant assets and/or income. Typically, these divorces involve complex financial issues, including property division, spousal support, and child support. In a high net worth divorce, the parties may have valuable real estate holdings, investment portfolios, business interests, and other assets that need to be divided equitably between them.

High net worth divorces often require specialized legal expertise in complex financial matters, tax implications, and business valuations. Attorneys who specialize in high net worth divorce cases may work closely with financial advisors, accountants, and other professionals to ensure that their clients’ interests are protected throughout the divorce process.

In addition, high net worth divorces may also involve issues such as prenuptial agreements, trusts, and estate planning. These agreements and structures can impact the distribution of assets and other financial matters during the divorce, and may require the expertise of specialized attorneys to navigate.

Overall, high net worth divorces can be particularly complex and emotionally charged, requiring specialized legal expertise and attention to detail to ensure a fair and equitable outcome for both parties.

Preventing critical mistakes in high asset divorce cases is not something that many Colorado divorce attorneys get the opportunity to do very often in their practice. For over 40 years, from our state of the art law offices in Douglas County, our seasoned divorce attorneys work with teams of professions to ensure that your assets are fairly and equitably looked after in a divorce. Our experienced Colorado High Net Worth Divorce Attorneys assist clients with divorce and other family law cases throughout the State of Colorado.

One of the largest, most complex aspects of divorce is the distribution of assets and debt. How do you ensure that you will walk away with a obtaining or retaining a fair portion of the marital estate? Our divorce attorneys combine the legal and financial expertise to give you the knowledge you’ll need from the outset of your case and we assist clients with divorce throughout the Denver Front Range area from our Douglas County law offices.

  • Avoid many of the costly asset division traps that can you to miss out on what you deserve.
  • Negotiate and structure the division of real estate including any second homes or investment properties.
  • Analyze tax records to locate hidden and overlooked assets, income and debt.
  • Make the best use of financial and valuation experts.
  • Explore how trusts are divided in divorce.
  • Use QDROs and other tools to value and divide complex retirement plans and accounts.

We help our clients find new approaches to negotiating the settlement and we bring seasoned courtroom experience as former prosecutors to ensure that cases that need to be litigated are done so at the highest levels of trial practice.

We assist high asset/high net worth divorce clients with:

  • Commingled Separate and Community Assets
  • Vacation Homes and Investment Real Estate Interests
  • Valuing and Dividing Family Business Assets
    • Deciphering Valuation Discounts
    • Interests in Closely Help Corporations
    • Stock Option Compensation
    • Determining the Spouse’s Contribution to the Business
    • What to Look for When Reviewing a Business Valuation
  • Complex Retirement Plans
    • QDROs
    • State, Federal, & Military Retirement Plans
  • Finding Hidden Assets, Income and Debts: Using Tax Returns and other Financial Documents
  • Using Forensic Accountants and Business Valuation Experts
    • Using the Expert Reports
    • Depositions and Cross-Examination of Financial Experts
    • Handling Conflicting Expert Testimony
    • Preparing Effective Sworn Financial Statements
  • Dividing Trust Assets In Divorce
    • Locating and Trust Assets
    • Present and Future Value
    • Proving Trusts as Divisible Assets: Key Tactics
    • How to Counter Argue Trust as Assets
    • Tax Considerations and Transfer Fees
    • Handling Special Needs Trusts in Light of Divorce
  • Other Complex Asset Division Issues
    • Spousal Benefits Eligibility During and After Divorce
    • Enforceability of Prenuptial Agreements
    • Asset Management of a Disabled Spouse
    • The Effect of Bankruptcy on Marriage Dissolution
    • High Maintenance/Complex Dissolution When Client is Not Liquid
    • Post-Decree Litigation
    • Mediation and Arbitration

Expert Witnesses are Often Used in These Cases to Evaluate Businesses, Income, Real Property and More

An expert witness is a professional who has specialized knowledge, skill, education, or experience in a particular field or industry and is called to provide testimony or evidence in a legal proceeding.

Expert witnesses are often called upon in court cases to help the judge and jury better understand complex or technical information related to the case. Their role is to provide impartial, unbiased, and objective opinions based on their expertise to assist the court in making a decision.

Expert witnesses can be called to testify in a variety of legal cases, including civil, criminal, and administrative proceedings. They may be hired by either the prosecution or defense, or by the court itself.

To be considered an expert witness, a person must demonstrate their qualifications and experience in a particular field or industry. They may be required to provide a resume, curriculum vitae, or other documentation to establish their credentials. In some cases, expert witnesses may also be required to undergo a deposition, where they are questioned under oath before the trial.

Qualified Domestic Relations Orders in Colorado Divorces

A QDRO (Qualified Domestic Relations Order) is a legal order issued by a court that directs a retirement plan administrator to distribute all or a portion of a retirement account to a former spouse or dependent as part of a divorce or separation settlement. A QDRO is necessary when a retirement account is considered a marital asset subject to division in a divorce or legal separation. Without a QDRO, the transfer of the retirement account to the former spouse or dependent would be treated as a taxable distribution to the account owner, and the recipient would be subject to early withdrawal penalties. A QDRO allows for a tax-free transfer of a portion of the account to the recipient, who can then roll it over into their own retirement account. It’s important to note that not all retirement accounts require a QDRO. Only retirement accounts that are subject to ERISA (Employee Retirement Income Security Act), such as 401(k)s and pension plans, require a QDRO. IRA accounts, for example, do not require a QDRO.

Call one of our seasoned Colorado divorce attorneys today for a free telephone consultation on your high net worth divorce issues at 303-688-3045.

 

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