Divorce can be a difficult process, even under very straightforward circumstances. It can become even more complex and contentious when it involves high-net-worth individuals. When dealing with high-net-worth divorce cases, it is crucial to work with a skilled and experienced high-net-worth divorce attorney. Johnson Law Group is a family law and divorce firm in Englewood, CO. We provide quality legal services for high-net-worth divorce cases.
High net worth divorce cases are any divorce cases wherein one or both spouses have substantial:
This means that high-net-worth divorce cases can be extremely different from one situation to the next. In any type of high-net-worth divorce case, the value of the assets involved in the divorce can be a major driver of conflict between parties. Dividing these assets can be a convoluted and time-consuming process.
At Johnson Law Group, our Englewood, CO, high-net-worth divorce attorneys understand the unique challenges involved in high-net-worth divorce cases. Our goal is to protect your rights, your assets, and your fresh start in life. We can help you navigate each step of the legal process to come.
Child custody is a top priority in any divorce case. It can be even more complex in high-net-worth divorce cases. These tend to have extra scrutiny in court due to the higher stakes. In such cases, one or both parents may have a high income. If so, determining the right arrangement for the child may require a thorough analysis of each party’s current financial situation. The court will also need to predict what that situation will look like after the divorce.
Remember that child custody and child support issues are not arenas for one spouse to try to “beat” the other. Instead, they are a chance for state authorities to ensure that the interests and needs of at-risk minor children are prioritized. Working collaboratively to whatever extent is possible can:
When collaboration is not possible, Johnson Law Group can fight tirelessly to ensure that your rights as a parent are protected. We can make sure the court always puts your children’s well-being before the grievances of a malignant ex.
Our Englewood, CO, high-net-worth divorce attorney can help you negotiate child custody terms that safeguard your child’s interests. These can also ensure your own financial solvency in the future. That way, you can have the resources to continue being a great parent. We understand the importance of maintaining a strong and positive relationship with your child post-divorce. Our firm can work hard to achieve a fair and favorable outcome for you and your dependents.
In divorce cases, marital property refers to any assets acquired during the marriage. These assets may include:
This will vary from case to case, with some divorce cases including different assets of significant value, such as shared vehicles or art collections. Dividing marital property in high-net-worth divorce cases can be extremely complicated. Therefore, it is essential to work with an experienced high-net-worth divorce attorney to protect your assets.
At Johnson Law Group, our Englewood, CO, high-net-worth divorce attorneys are experienced in negotiating and dividing marital property in high-net-worth divorce cases. We understand the complexities and unique stressors involved in these cases. Our team can prioritize your rights and interests throughout.
For child support in high net worth divorce cases, each party’s individual financial assets and current income are key. Colorado has a robust framework for calculating child support. However, following this formula can become very complex when the parties involved have high incomes or valuable assets.
The team at Johnson Law Group thoroughly understands the laws and regulations governing the calculation and processing of child support payments. We can work with you to ensure that child support payments are calculated accurately and fairly.
In high-net-worth divorce cases, circumstances may change after a divorce is finalized, requiring a modification of support payments. A support modification can be made if there is a substantial change in circumstances, such as a significant increase or decrease in one party’s income. One can also be made if there is a change in the child’s needs, such as special health care needs pursuant to an accident.
The Englewood, CO, high-net-worth divorce attorneys at Johnson Law Group can help you navigate the support modification process. We are here if you need to request a change to a support order or if your former spouse petitions the court to do so. Whichever side of the equation you are on, we can work closely with you and the court authorities. Our team can ensure that any modifications are made in accordance with the law and are fair to your children.
A: A high-net-worth divorce is one in which the combined assets and income of the parties involved are substantial. This can be subjective. However, someone seeking the services of a high-net-worth divorce law firm will typically have a six-figure income or a total net worth in the millions. High net worth divorces involve complex financial issues, such as the division of business interests, multiple properties, and investment accounts.
A: The cost of a divorce lawyer in Colorado varies depending on several factors, such as:
Some attorneys may offer flat-fee arrangements or other alternative fee structures. You should be extremely wary of anyone offering standardized solutions for complex matters like high net worth divorce. Hourly rates for a competent and qualified divorce lawyer in Colorado are typically several hundred dollars per hour.
A: Being a wife gives you no special rights or considerations whatsoever in a Colorado divorce court. In Colorado, the law follows the principle of “equitable distribution.” This means that marital property is divided fairly, but not necessarily equally, when a marriage is dissolved. A wife is entitled to no more and no less than a fair share of the marital property, just as a husband is. This share may include assets such as the marital home, retirement accounts, and investments. The specifics of property division will depend on the individual circumstances of each case.
A: No, Colorado is not a 50/50 divorce state. Rather, Colorado follows the principle of equitable distribution, which means that marital property is divided fairly but not always equally. The court will consider various factors when determining the fair division of marital property in a high-value divorce. These include:
Divorce is a stressful and challenging process, even under the most ideal circumstances. These stressors can be even more intense in high-net-worth divorce cases. At Johnson Law Group, our Englewood, CO, high-net-worth divorce law firm has extensive experience dealing with these cases. We have guided many of them to positive outcomes. We understand the unique challenges involved in high-asset divorces. Our firm is committed to protecting your rights and setting you up for a bright new future. Whether you are dealing with child custody, marital property, income, child support, or support modification orders, Johnson Law Group can provide you with the powerful legal guidance and compassionate support you need—contact us today.