Those with high incomes and net worth have special needs when it comes to divorce. These matters require a special and experienced skill set and are much more difficult than a typical divorce case. You deserve one of the top Las Vegas divorce attorneys who have the know-how to divide complex financial holdings. Our Las Vegas high net worth divorce lawyers have a wealth of experience in complex matters with sophisticated financials. They represent spouses of both genders and handle every case with confidentiality, discretion, and vigorous legal representation. Recently our divorce attorneys commented on the Bill and Melinda Gates divorce action. Our clients include business owners, C level executives, celebrities, and professional athletes. They also include high income and net worth individuals not in the public spotlight.
Our divorce lawyers and certified paralegal staff have more than 57 years of combined experience in handling high net worth divorce cases. Factors in these matters can include:
- Prenuptial and Post Nuptial agreements
- Division of businesses including medical, legal, and other professional practices
- Business Valuations
- Bank accounts and other liquid investments
- Stocks and stock options
- Hidden assets including off-shore bank accounts
- Alimony – Fixed time frame and lifetime
- IRAs, 401Ks, Mutual Funds, pensions, and retirement plans
- Residential real estate, rental investment properties, commercial buildings, and vacation homes
- Intangible assets such as goodwill and/or the value of a celebrity name
A Common Sense Approach to Resolution
It is important to understand that we cannot control the actions of your spouse or their divorce lawyer. There are lawyers who believe in a “scorched earth” policy when it comes to representing their clients. Our experience proves that such a mentality does not benefit anyone. Unfortunately some opposing counsel can’t help themselves. Therefore, we are very comfortable in forceful litigation. But we always keep in mind the value associated with the most appropriate case strategy.
Seasoned attorneys know that life goes on for divorced spouses long after the case is over. So it’s important to keep a level head during what can be emotional charged proceedings. Generally, the more contentious the proceedings are, the longer it takes to heal and move on with your life. This is especially true when the divorcing spouses have minor children. You may be interacting with your ex-spouse in numerous different child related settings for many years to come.
Certified Experts in High Net Worth Divorce
The average divorce lawyer cannot handle the complexity of high net worth divorces. At minimum, Nevada State Bar Board Certification in all aspects of divorce law is a must, not an option. However only a fraction of one percent of all Nevada practicing attorneys have this accreditation. Successfully resolving high net worth divorce cases requires a keen understanding of asset valuations and strong relationships with a team of experts. Every divorce expert we retain is certified by the Clark County family courts. This is critical should their reports be needed for evidence and/or their testimony be necessary in court proceedings.
It is not uncommon for one spouse to try to conceal the actual value of the marital assets. Thus, this decreases the amount the other spouse receives in divorce property divisions. Dishonest spouses use many devices to conceal marital assets including illegal transferences to business vendor accounts which they control. Shell companies and off-shore bank accounts are also common. Forensic accountants are CPAs with extensive special training in verifying financial statements and locating hidden assets. The work that forensic accountants perform is complex and time consuming. So it’s best when clear evidence requires their expertise. When we retain a forensic accountant on your behalf, you have a court certified expert with decades of experience on your side.
Business valuators assess the monetary value of privately held business entities. Valuing a privately held company is more difficult than public company stock. Public stock is the price of the stock on a given day. The value of a privately held company includes analyzing financial statements, business profitability, and projected profits. Existing business contracts, stock options, and royalty agreements can also affect the value. Much like the value of a celebrity name, professional practice businesses also include the value of goodwill.
Real Estate Appraisers
High net worth individuals almost always have significant real estate holdings. This can include residential properties, rental properties, commercial buildings, and undeveloped land investments. The property values must be known before any discussions as to their disposition. Often times each spouse has one or more “favorite” real estate entities. These properties may be an offset to other marital assets during divorce settlement negotiations.
Contact a Las Vegas High Net Worth Divorce Lawyer
Divorce for high net worth individuals is serious business. There’s always considerable in jeopardy. Divorce attorneys Jennifer V. Abrams and Vincent Mayo have the track record of success you deserve. Call our office at 702-222-4021 for a personal courtesy phone consultation with one of them. Their in-depth knowledge and valuable counsel will put your mind at ease.