Denver High-Net-Worth Divorce Attorney

Why High Net Worth Divorces Need Special Consideration

In a divorce in Colorado, marital assets are expected to be divided equitably between spouses. This may include property, houses, jewelry, art, cars, stocks, bonds, membership to exclusive organizations, and shares of businesses. However, properly assessing and valuing everything you own requires special attention and expertise to ensure accurate valuations.

You must be fully aware of your complete net worth before assets can be properly divided. Even if your ex-partner is acting in good faith, lacking knowledge of your true net worth can result in an inequitable division of wealth.

When substantial money is involved, even small percentages of a couple's net worth represent significant sums. Every detail must be carefully examined to ensure you are not taken advantage of or lose what is rightfully yours. This means high net worth divorce proceedings typically take more time than standard divorces. Working with an experienced divorce attorney from the outset will save time and energy in what may already be a lengthy process.

While marital assets are generally expected to be divided equitably under Colorado law, prenuptial agreements can add another layer of complexity to the divorce. A prenuptial agreement is a contract entered into before marriage that establishes terms for dividing wealth and property in case of divorce. Questions about which assets the prenuptial agreement covers, or whether the agreement remains valid, will be addressed during the proceedings.

The Question of Alimony

In a high net worth divorce, one spouse may have earned significantly more income or hold more property in their name. This does not diminish your entitlement to an equitable share of marital assets. Furthermore, you may be entitled to receive alimony while the financial situation is resolved. Alimony is financial support that the court may order your ex-spouse to provide during and after the divorce process. The goal is often to help maintain the lifestyle you are accustomed to throughout this transition.

Children in High Net Worth Divorces

Children in high net worth divorces require special consideration. Divorce is challenging enough for children without disrupting their established lifestyle and routines. Maintaining stability during this difficult and often traumatic time is crucial for their mental health and well-being.

Important considerations for children include:

• Education: Ensuring private school or college tuition continues to be paid
• Extracurricular Activities: Maintaining music lessons, sports coaching, and other activities without interruption
• Travel and Social Networks: Preserving established social connections across different cities or internationally
• Childcare Support: Considering the impact on nannies, tutors, and other childcare providers
• Trust Funds: Addressing any existing trust funds, which can significantly complicate asset division

An experienced Denver divorce attorney can help navigate these complex considerations while prioritizing your children's best interests.

Why Choose Johnson Law Group for Your High-Net-Worth Divorce

Our firm provides distinct advantages for clients navigating complex financial divorces:

• Specialized Experience: Our Denver high-net-worth divorce attorneys bring the specialized knowledge and experience needed to navigate these complexities successfully
• Comprehensive Asset Valuation: We work with expert appraisers and financial professionals to accurately value all assets, from diamond jewelry and art collections to business interests and real estate portfolios
• Financial Sophistication: We understand complex financial instruments and work seamlessly with expert witnesses and financial professionals
• Strategic Advocacy: Whether negotiating settlements or litigating in court, we aggressively protect your financial interests
• Thorough Investigation: We leave no stone unturned in identifying and valuing all marital assets
• Compassionate Support: We recognize the emotional challenges of divorce and provide empathetic guidance throughout the process
• Discretion and Privacy: All matters are handled with the utmost confidentiality

The Importance of Expert Valuation

High net worth divorces require answers to complex valuation questions: What is your art collection worth? How should business interests be valued? What is the current market value of your real estate portfolio? These valuations require specialized expertise to ensure accuracy.

Without proper valuation, you risk receiving less than your fair share of marital assets. If your ex-spouse is not acting in good faith, being uninformed about the true worth of your wealth leaves you vulnerable to being taken advantage of. You need to enter Denver court proceedings with precise knowledge of your net worth to ensure equitable division.

If you are intending to or are currently in a high net level divorce, please contact an experienced divorce attorney at Johnson Law Group at (720) 744-3513 or through Text-to-Chat at (720) 744-3513 today.