High Net Worth Divorce: High Stakes In Property Division

If you are like most people, you have worked hard for the wealth and assets acquired during your marriage. Whether you arrived where you are through sound investments, a professional occupation, or building a business from the ground up, you have certainly invested yourself in gathering the assets and property. If dissolution of your marriage is around the corner, you may stand to lose a significant portion of those assets in a high net worth divorce.

Divorce nearly always means a loss of income and assets when marital property is divided, but the stakes are even higher in a high net worth divorce. Without skilled legal assistance from an experienced divorce attorney, you could come away from the marriage with a less-than-equitable share of the wealth you have worked so hard to amass.

Our Virginia divorce lawyers at Kurylo Gold & Josey PLC are dedicated legal advocates for our clients facing high net worth divorce. Our single-minded purpose is to protect your rights and interests and provide the high-quality representation you need. We work hard to help you seek to retain an equitable portion of the marital assets when your marriage is dissolved.

High Net Worth Divorce in Virginia

Virginia law requires “equitable distribution” of marital property in a divorce. Assets must be divided fairly, with due consideration given to the monetary and nonmonetary contributions of each spouse, among other factors. Property division is considerably more complex between couples of high net worth.

Asset valuation is a critical factor in high net worth marital property division. The value of certain assets is typically established by the opinions of various experts, and the selection and presentation of those experts can be essential in the final decision in your case. Assets valued and divided in high net worth divorce may include:

  • Business interests
  • Real property
  • Stocks and stock options
  • Interstate or international investments
  • Bank accounts
  • Retirement accounts
  • Motor vehicles
  • Recreational vehicles
  • Jewelry
  • Art collections
  • Furniture and antiques

Marital property division can be further complicated when one spouse has hidden assets. If you suspect that there are hidden assets in your high net worth divorce, our Fredericksburg divorce lawyers can help you obtain information through the legal process of discovery, which may include interrogatories, requests for admissions, oral depositions, and demands for documents and inspections.

For the spouse with less earning power, property division can directly affect spousal support payments in the future. Our experienced divorce attorneys can help you determine whether your interests are better served by receiving more marital property or higher spousal support payments. We will fight relentlessly to seek to ensure that your standard of living is not compromised after divorce.

Fredericksburg High Net Worth Divorce Attorney

Our seasoned divorce lawyers at Kurylo Gold & Josey PLC understand that you have a lot to lose in a high net worth divorce. You need an attorney with the right skills and experience who understands the court system, case presentation factors, and how to protect your best interests.

Contact us to schedule a consultation. We can provide the quality, accomplished representation you need for high net worth marital property division in Virginia.

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Matt Kurylo

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