Minnesota Divorce Lawyer
High Net Worth Divorce in Minnesota
A divorce is generally an emotional and stressful experience. When the individuals involved have a large number of assets , including business interests, property, stock accounts and other assets, there are often complex financial issues that must be resolved. The division of property is frequently a subject of dispute. When there is a disagreement over what is non-marital property and what is marital property , emotions can run high. An experienced Minnesota divorce lawyer at our firm brings practical and commonsense solutions to calm the situation and prevent the cost of your divorce from spiraling to astronomical proportions.
Divorce Attorney in Minnesota
One of the most sensitive areas in a complex asset divorce is the determination of what assets are individually owned and what are not; for example, a business owned by one party before the marriage 18 years ago, but both parties worked in the business during the marriage causing it to expand. We call in financial experts to trace the value of the business at the time of the marriage and determine the change in value since. There can be a number of types of assets which can become the subject of dispute such as:
- A second home or other real estate
- Retirement accounts and pension plans
- Deferred compensation
- Employee stock ownership plan
- Profit sharing plans
- Closely held businesses
- Inheritances or gifts which have since commingled with marital assets
- Property with tax consequences
In using respected professionals to establish the value and trace the marital assets your legal options can be more clearly understood. A family law lawyer at our firm works toward an equitable settlement which protects your rights and your financial future and ensures you get the assets you deserve.
You probably have many years invested in creating your business or acquiring other assets. You need an attorney who will work with you to protect your interest in these assets. A divorce lawyer at our firm will explain your rights and help you safeguard your future. For a free initial consultation call Heimerl & Lammers.
If you are concerned about protecting your rights in a high net worth divorce, contact a Minnesota divorce attorney at our firm who has the necessary skill and experience.