Divorce proceedings can be complex when representing clients of means. When the client is a professional, executive, business owner or has acquired assets through some other endeavor, they often present with a wide array of assets, both financial and fixed, along with compensation structures that vary from typical W-2 income to varied and complex forms of income and benefits. An understanding and awareness of the myriad issues to address is key to achieving a favorable resolution of the matter through settlement or litigation. The following is a compilation of some common issues that arise and best practices when representing a high-net-worth client.
Marital Assets
Marital assets in complex estates/high-net-worth matters can come from a variety of sources. As a divorce professional, it is important to identify the assets in the marital estate and to work with the right companion professionals, such as forensic accountants and valuation experts, to get an