Helping clients with high asset property division
Although any divorce may present challenges, such as child support and alimony, property division can be especially complicated for those with high assets. At Just Law, PLLC, our law firm lends a hand to people who have a high net worth and are preparing for divorce in Salt Lake City, and other parts of Utah. If you are facing these hurdles, it may be helpful to turn to an experienced attorney who fully understands the ins and outs of the divorce process and the impact it could have on those with significant assets.
When courts determine how marital property will be divided, there are a variety of factors they will evaluate, such as each party's earning ability and the duration of a couple's marriage. While property division can be complex for anyone, those with high assets often have even more at stake. Ideally, couples should try to work together to simplify their experience and move forward without getting stuck in the middle of a costly and time-consuming dispute. However, this is not always possible and those who do find themselves in a dispute should recognize the details that surround their case and ensure their rights are protected.
Unfortunately, some people are not prepared for the financial consequences of divorce, which highlights the importance of familiarizing yourself with property division laws and the divorce process beforehand. If you check out our page on property division, you can read more on issues relevant to high net worth individuals who are concerned about the division of marital property.