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Important Factors in Large Asset and High Net Worth Divorces

On Behalf of | Mar 6, 2022 | Divorce

There are many important factors in large asset and high net worth divorces which require experience and legal skill.  The proven Certified Family Law Specialists at Burke & Domercq have extensive experience in these cases and provide sound advice and counsel and aggressive representation for our clients in these cases.

Property division in large asset and high net worth divorces can become quite contentious, but there are substantial issues to be discussed, settled and if necessary placed before the Court in Trial.  One of the primary issues in these cases is “valuation.”  Community assets must be accurately valued before the Court can proceed with community property division.  The process to accurately assess the value of a professional practice, family owned business, stock options, investments and retirement assets is legally and financially quite complex.  The parties can agree on specific experts for specific types of assets, hire their own experts and/or the Court may bring in it’s own expert(s) and pass those costs on to one or both of the parties.

Another important factor in large asset and high net worth divorce is privacy.  No one wants their personal business captured in the public record for anyone to review now or in the future (including your children).  Mediation is a strong alternative in these cases. Mediation is a confidential, private venue where the parties can present evidence and ideas, negotiate and work toward a settlement.  Conversations, figures and offers presented in mediation remain confidential and cannot be used if the case is unresolved and moves to trial.  The goal of mediation is a settlement agreement which captures the agreements of the parties but protects against the disclosure of details about the couple’s finances, health and even children.

The experienced, proven Certified Family Law Specialists at Burke & Domercq contribute strong negotiation abilities with proven trial skills to ensure our clients protect and achieve their goals and objectives.

Valuation, privacy and experienced, skilled representation are a few of the most important factors in large asset and high net worth divorces.  We invite you to review the strong recommendations of former clients and the legal industry, protect your own interests and contact us or call 760-389-3927 to schedule an appointment for a safe, confidential and private consultation with one of our experienced and proven Certified Family Law Specialists.