HIGH ASSET AND HIGH NET WORTH DIVORCE
Denver High Asset Divorce Lawyer
Denver High-Asset Divorce Attorney
High Asset divorce cases require skilled professionals who have your best interests in mind
High-Asset Divorce and Significant Net Worth Attorneys
High-asset divorce cases can be incredibly complex and often last several months or even years before reaching a resolution. At Littman Family Law, our experienced Denver high-asset divorce attorneys are dedicated to helping you protect your high-value assets during the divorce process. We understand that preserving your wealth is a top priority, and we have an excellent track record of achieving settlements that are fair and mutually agreeable, allowing both parties to avoid the accumulating expenses of a prolonged legal battle. These cases typically involve physical or financial assets that contribute to a significant net worth, often amounting to many millions of dollars, and require careful handling to ensure a just outcome.
One of the most challenging aspects of high-asset divorce cases is the division of assets and liabilities. With numerous properties, investments, businesses, and other valuable holdings at stake, it’s essential to have skilled professionals who can navigate the complexities of asset division with your best interests in mind. Our team at Littman Family Law is experienced in evaluating and dividing these assets, ensuring that everything from real estate to retirement accounts is considered and fairly distributed. We strive to reach a settlement that protects your financial future while minimizing the stress and duration of the divorce process.
In addition to asset division, we also focus on asset preservation, helping you implement strategies to safeguard your wealth throughout the divorce proceedings. This may involve establishing or revisiting wills and trusts to ensure that your estate planning remains intact and that your assets are protected for future generations. By addressing these critical aspects of your high-asset divorce, we work to provide you with comprehensive legal support that covers every facet of your financial situation, giving you the confidence to move forward with your life.
Related: How Can You Protect Your Family’s Inheritance from Divorce in Colorado?
We have experience with cases involving assets from the marital estate, such as:
- Business assets (including partnerships)
- Stock options and accounts
- Inheritances
- Real estate assets (including residential properties and investments)
- A retirement account
- Assets from trust funds
While dealing with precious assets during a divorce, we strive to make the litigation process go quickly so you can move on with your life and protect your name. We represent clients in Denver, Colorado, and the surrounding areas.
Littman Family Law’s Expertise in High-Asset Divorces in Denver
We will defend you in or out of court and help negotiate the fair division of assets, so your divorce can end smoothly. Our team takes the necessary steps to help protect wealthy public figures divorcing in Denver by keeping your reputation safe and out of public speculation. Our services aim to simplify your divorce and reduce complications that can extend the negotiation process.
Our law firm will work with the necessary parties to help secure your marital assets from before and during your marriage. Littman Family Law’s lawyers have worked with private investigators, tax auditors, forensic accountants, and other professionals to uncover hidden assets, calculate the value of your business and assets, and more before presenting your divorce case to a judge. Our attorneys can work with these professionals and others to successfully aid you in your divorce case.
We pay attention to the specific details of your divorce to aid you in strategic property division. When inevitable disputes arise relating to differences in employment and earnings, we fight to defend you and protect your hard-earned assets or deal with these disagreements during the divorce process. If children are in the picture, we also keep their best interests in mind and use caution so as not to distress them further during what is an already confusing and stressful time for them.
Navigate Divorce Challenges with a Denver’s High-Asset Divorce Specialists
In Colorado, spouses have equal claim to marital assets, and separate property stays under the original owner; however, not all assets are divided equally. Our 25 years of experience equip our team with the knowledge and preparedness to handle the complexities of divorce cases in Denver. Our lawyers will help you identify assets, categorize them appropriately, value them, and finally, a judge will distribute the assets among each spouse.
These cases are often significantly more complex than regular divorce cases due to the substantial amount of assets and their valuation. Because assets may still bring income, this could create challenges in the divorce process when dividing them among you and your spouse. Other potentially challenging factors include children and differences in spousal income, but at Littman Family Law, our divorce attorneys have the necessary years of experience to help parties reach agreements over such sensitive issues as child custody and alimony.
At Littman Family Law, our divorce attorneys meet the challenges of these cases with determination and competence. When you need an expert attorney, our services are ideal for helping you with the challenges that come with a divorce of such caliber. We can help you with the following situations relating to your divorce:
- Property division and distinction of the marital estate
- Spousal or child support and maintenance
- Adoptions
- Marriage dissolution
Going through a high-profile divorce can be difficult without a divorce attorney who has the experience you need to protect your assets. Littman Family Law possesses the experience and dedication to secure your assets and encourage a final settlement that meets the needs of everyone involved. Contact us to set up an appointment with a lawyer at 303-832-4200.
Frequently Asked Questions
A high asset divorce refers to a divorce involving significant assets such as high net worth, extensive real estate holdings, multiple investment accounts, and potentially business ownership interests. These divorces are typically more complex than regular divorces due to the challenges in valuing and dividing these substantial assets, managing tax implications, and often involving intricate financial analysis and legal scrutiny.
High asset divorces may also include additional privacy concerns, the use of forensic accountants to uncover hidden assets, and more intense negotiations or legal battles to reach a settlement. Our experienced high asset divorce attorneys in Denver, Colorado, are skilled in navigating these complexities to ensure a fair division of assets.
Littman Family Law handles high asset divorces by employing specialized experts such as appraisers, valuation experts, and forensic accountants to accurately assess and value complex assets and uncover hidden assets. They address the intricate tax implications of asset transfers during divorce to avoid unexpected financial burdens post-divorce.
The firm considers various factors like the duration of the marriage, contributions to careers, and the health and employability of partners to ensure a fair division of assets. Temporary orders may also be utilized to protect valuable assets during the divorce proceedings, preventing any diminishment or hiding of assets. This comprehensive approach aims to achieve transparency, fairness, and respect for the legal rights and financial interests of their clients.
During a high asset divorce in Colorado, you can expect a complex process that includes detailed financial scrutiny. This often involves enlisting the help of various professionals such as forensic accountants, business and property appraisers, and financial analysts to accurately assess the value of substantial assets and uncover any concealed assets. The legal proceedings will likely focus on differentiating between marital and separate properties, considering the appreciation of assets, and addressing potential tax implications.
Negotiations or court decisions will take into account factors such as the length of the marriage, contributions of each spouse to the marital estate, and each party’s financial circumstances. The process aims to ensure a fair division of assets according to Colorado law, which may involve intricate negotiations or trials to resolve disputes.
To protect your financial interests during a high asset divorce, it is crucial to work with a knowledgeable attorney who understands the complexities of these cases. At Littman Family Law, we prioritize your financial security by meticulously evaluating all assets and crafting a strategic plan tailored to your needs.
Experts typically rely on established valuation factors like earnings capacity, economic conditions, comparable companies, and the company’s financial outlook. The IRS’s Revenue Ruling 59-60 outlines widely used factors for closely held businesses even though it was issued for tax contexts. Valuators may apply income, market, or asset approaches depending on the facts. Discounts for lack of marketability or control can be considered when appropriate. Courts look for credible, well-documented expert analyses when dividing marital interests. For background on accepted valuation frameworks, see the IRS resources.
Stock options and RSUs are often treated as marital property to the extent earned during the marriage, so a court may allocate them in the division. Nonstatutory stock options and similar equity awards can trigger income at vesting or exercise per IRS rules. RSUs are generally taxable as ordinary income when they vest, and plan rules affect timing and withholding. Divorce orders can allocate the marital portion and address tax reporting mechanics. Because tax outcomes can vary, parties often coordinate with tax professionals. See the IRS guidance on options and neutral financial education on RSUs.
Courts can issue protective orders to limit public disclosure of sensitive discovery materials when good cause is shown. Colorado’s Chief Justice Directive 05-01 governs public access to court records and reflects privacy protections in certain case types and filings. Parties may seek tailored orders to restrict dissemination or to file exhibits under seal consistent with the directive and applicable rules. These tools aim to balance transparency with legitimate privacy interests. Counsel typically proposes specific terms that define what is confidential and how it is handled. Review the directive and discovery rules framework for options. Contact us today to discuss how we can assist you in protecting your wealth.
Additional Information in Denver, Colorado
Littman Family Law and Mediation Services
1772 Emerson Street
Denver, CO 80218
Phone: 303-832-4200
Fax: 303-832-9322
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