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Common Considerations in a High Asset Divorce

While high asset divorces in Columbus are governed by Ohio law in the same manner as other divorces in the state, it is important to understand that many different types of issues arise in high net worth divorces that require distinct approaches. Indeed, not only do many high net worth divorces involve the division of significant assets, but they also involve complex types of property that must be valued and distributed, particular considerations for spousal support, and considerations for child support beyond the incomes listed in the guidelines. If you are planning on a high-asset divorce in Ohio, one of our Columbus divorce lawyers can help. In the meantime, the following are some of the considerations you should be thinking about for your high net worth divorce.

Hiring an Attorney with Experience Handling High Asset Divorces

First, and perhaps most importantly, you should hire a divorce lawyer in Columbus with experience handling high asset divorces. Given that there are many complex issues that arise specifically in high net worth divorces, you will want to be sure that your lawyer has the experience necessary to handle the legal matters in your case and to advocate for you throughout the divorce case. 

Enforceability of Prenuptial Agreements

Many high asset divorces involve prenuptial agreements and questions about their enforceability. Whether you entered into a prenuptial agreement and need assistance enforcing it in your divorce, or you have concerns about whether you were pressured into signing a prenuptial agreement that could be unconscionable, one of our divorce lawyers in Columbus can help.

Complex Property Division

Complex property division is a key aspect of most high asset divorces. Many high net worth couples own many types of property, including tangible and intangible property that can be complicated to accurately value. In some cases, there are also issues of hidden or concealed property, and it may be necessary to hire a forensic accountant to track down assets. Our firm can provide you with more information about handling the division of complex property.

Support Issues

For many couples with children going through a high net worth divorce, the child support guidelines in Ohio will not adequately reflect their combined monthly income. As such, it may be necessary for the court to deviate from the existing child support guidelines. Spousal support, or alimony, can also present complex issues. Although spousal maintenance is not awarded based on set guidelines like child support, it can be complicated to determine the appropriate amount of support based on the standard of living established during the marriage and the income of both parties, especially when one of the spouses earned significantly more than the other spouse. Any support questions should be addressed with help from an experienced Columbus divorce lawyer.

Contact Our Divorce Attorneys in Columbus

Do you need assistance with your high net worth divorce? Our Columbus divorce attorneys can assist you. We have years of experience serving clients in a wide variety of divorce cases and can discuss the special considerations of high-asset divorces with you today. Contact the Lawrence Law Office to learn more. 

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