How To Protect Yourself During A High Asset Divorce
Debra J. Sutton at the Sutton Law Firm has over 30 years’ experience practicing family law and knows what steps to take to ensure your rights are protected during divorce. High net worth individuals face challenges in divorce not experienced by others. The rules applicable, entities involved and tax consequences are just a few. Qualified and with experience as a high asset divorce lawyer, Ms. Sutton takes your financial future seriously. Whether the assets in question were accumulated before or during the marriage, through a family business, professional practice, or investments, we can help you maximize your financial settlement. Call us in Bartow, FL, to find out what we can do for you today.
When you or your spouse have a significant net worth, it can seriously complicate divorce and family law proceedings.
What Is a High Asset Divorce?
A high asset divorce involves parties who have accumulated substantial net worth. It can also include cases where an individual has substantial non-marital income and assets. This may be in the form of high income, substantial assets, substantial home and business equity, multiple real properties, overseas assets, large insurance and retirement accounts, a trust, or valuable artwork. As a result, there are often prenuptial agreements or payout provisions on certain types of accounts which require special attention. Some of the provisions of prenuptial agreements may have been modified or compromised during the marriage by conduct of one of the parties.
When meaningful assets are in play, it is all the more important to put your case in the hands of a trusted Board Certified attorney. Maximizing your finances in a high asset divorce can provide financial security for yourself and your children for years to come. Debra J. Sutton has been a family law practitioner for over 30 years and has experience handling families and divorces with large assets and high net worth. We are here to help you get the peace of mind that comes along with being financially stability.
Ms. Sutton is one of less than six percent of Florida attorneys who have achieved Board Certification and less than one percent who have earned Board Certification in Marital and Family Law and Appellate Practice.
What to Expect during a High Asset Divorce
This type of divorce requires careful consideration of many elements, including:
- Prenuptial agreements: If you or your spouse signed an agreement before getting married to safeguard any assets or income upon your divorce, that agreement will need to be carefully reviewed to make sure the terms are valid.
- Alimony: If one party to the marriage gave up significant income in order to take care of the home or offer support while the other spouse completed their education, you will need to discuss spousal support. The court will typically consider a number of factors before ordering support, all of which Ms. Sutton will scrutinize carefully.
- Assets: Multiple properties, large bank accounts, valuable pieces of personal property, and business interests may need to be distributed upon divorce. It is critical to locate and deal with every asset accumulated, valued and with consideration to tax consequences of the awards to accomplish a fair property distribution.
Most high asset divorce cases require appraisals by financial experts to get a clear picture of total worth. It is crucial to partner with a qualified attorney to protect your assets. Ms. Sutton handles these type of cases and understands the importance of taking every precaution to preserve your wealth.
How We Help
As a Board Certified attorney in Marital and Family Law since 2001 and in Appellate Practice since 1997, Debra J. Sutton offers a full range of legal services and experience in high asset divorce cases. Ms. Sutton is one of less than six percent of Florida attorneys who have achieved Board Certification and less than one percent who have earned Board Certification in family law. Call our office at (863) 533-8912, or contact us online to schedule a consultation and discuss your case today.