price family law
If you are going through a divorce with a high net worth, hiring a Denver high-asset divorce attorney is recommended. Due to the assets involved in these cases, they are usually more complex than traditional divorces.
Any high-asset divorce requires the help of an experienced high-asset divorce attorney in Denver. You can count on our legal team to provide you with the resources and experience needed to easily and seamlessly handle your case and the difficulties that may arise. We will work with appraisers, valuation analysts, forensic accountants, and other experts as we represent your complex divorce case.
If you want to preserve your wealth through the divorce process, then contacting our legal team at Price Family Law is highly recommended. You can reach our team by calling (720) 615-1750.
Request Free ConsultationAt Price Family Law, we are dedicated to providing you with experienced and professional representation for your high-asset divorce case. We are here to help you with each step of the process and ensure you understand your rights. Being informed is an integral part of the high-asset divorce process, and we will ensure that we provide you with information at each step of the process.
Our legal team has been representing cases just like this for years and can provide you with the quality representation that you need and deserve. We are here to help with high-asset divorces, uncontested divorces, and contested divorces. If you are ready to start your high-asset divorce case, our team is here to help. The first step is to contact our legal team to set up an initial consultation.
When dividing assets in a high-net-worth divorce, the first step is identifying all that exist. At this point, the assets must be classified as being separate or marital property. Once the assets are valued, our team can begin determining what would be considered an equitable distribution of your property.
Usually, our legal team will utilize the services of other experts to ensure we know the actual value of your assets. Some of these are:
When you hire a high-asset divorce lawyer in Denver, you can feel confident that we know the steps that must be followed to achieve a settlement in your case. Some of the ways that our team will work to help with the negotiations are:
After the agreement is complete, the paperwork will be filed in court.
It can be challenging to divide assets in any divorce. However, when assets are higher in value, this can make it even more difficult to separate or monetize them. We will make sure to provide you with the representation you need and expect throughout the entire process. Our team takes pride in our ability to find the right solution for you when it comes to complex, high-asset property-division situations.
In the state of Colorado, the property must be divided before we can address things like spousal support. This means that our team will work to ensure that we handle the decisions regarding property division as quickly as possible. We understand how to get things on track without rushing things, and we will take the time to negotiate as needed, all while keeping things moving expeditiously.
When you hire a dedicated high-asset divorce lawyer in Denver, you can feel confident that we will base all the negotiations regarding property division on the applicable Colorado laws. These laws outline specific rules that must be followed, such as:
While all asset divisions must meet the guidelines set by the state, some gray areas give our high-net-worth divorce attorneys a bit of “wiggle room” to find solutions that work with the statute while also providing you with an agreeable outcome.
We understand and will ensure that our clients know that one cannot win all aspects and elements of the divorce negotiations. You can feel confident that our attorneys will put in time and effort to fully understand the issues that are most important to you, and then we will fight hard to ensure that you win these elements of the case.
If you are going through a high-asset divorce, you may want to keep all the details private. Business leaders, public figures, and celebrities may want to keep the divorce proceedings out of the public eye. Alongside, if concerns about child custody arise, seeking legal help for custody becomes paramount . If you utilize our services early in the legal process, you can count on our legal team to provide you with the options you want and need to ensure that your divorce remains private in the state of Colorado.
Most aspects related to divorce in Colorado are available for public search. The reason for this is that, eventually, they must be filed in a public court setting. Usually, the public record will include all hearings, orders, and trials that take place in the open court.
However, some steps can be taken so that this information is not immediately available to the public. There are a few options that a child custody lawyer can provide to help you maintain some privacy as you move through the process of a high-asset divorce or if you are modifying your child custody orders.
It is worth noting that the options to keep a divorce case and the proceedings private are available to all people in the state, no matter their income level. We will explain all available options to help ensure that your divorce remains private.
Once the divorce paperwork is filed with the court in Denver, the case and names of those involved will be entered into the public record. If you are a high-profile individual, it is also likely that the media will start to pay attention to what is happening and try to cover new developments in your case.
If you want to ensure that the media does not “catch wind” of the case and follow what is going on in real-time, our team will work to help you reach a settlement agreement for your divorce before anything is filed in court.
When we take this step, it means that the media will learn about your divorce only after you have the agreement in place. This also prevents them from creating stories regarding the “ugly” side of divorce negotiations. In most cases, since there’s no developing news, the media will move on and begin reporting on something else.
When you are going through a high-asset divorce, you may have many unanswered questions. Our team of attorneys at Price family law are here to give you answers.
Below, we have addressed some of the most frequently asked questions regarding high-asset divorces in Denver. If you have additional questions we did not cover on this page, do not hesitate to contact our office to discuss your concerns further.
What if I have a prenuptial agreement?
Prenuptial agreements are standard in high-profile divorces. This should make your divorce process much less expensive and easier to resolve. However, it is not unusual for one spouse to contest an existing prenuptial agreement. If this happens, you may find your divorce proceedings further delayed. By working with an experienced divorce attorney, you can get your prenuptial agreement upheld or challenge unfair or illegitimate prenups.
What will happen to your business during a high-asset divorce?
If you own a business, you will likely be concerned about what will happen to your business. The company may be separate property, marital property, or a combination of the two. Our attorneys will classify the business to ensure that it is handled properly.
What will happen to your retirement fund?
If you have a retirement fund, it could be at risk when you decide to end your marriage. Many factors could be taken into account when determining how your retirement fund should be divided. Since Colorado operates under an equitable distribution system, all marital assets must be fairly divided. That does not necessarily mean they will be divided equally. You may need to be prepared to concede in certain areas if you hope to hang onto your retirement fund in full.
However, there are federal laws in place that determine how your retirement fund should be divided, depending on how long you were married, how much money is in your retirement accounts, and whether your spouse contributed to your retirement funds. You can rely on your divorce attorney to ensure you receive the retirement funds you are entitled to when your divorce is settled.
Will you have to pay more child support or spousal support?
The amount of alimony or child support lawyer you must pay depends on the circumstances of your divorce. However, it’s reasonable to expect that the higher earners may wind up paying more for alimony and child support, often referred to by a spousal support law firm as spousal support.
What taxes will apply to a high-asset divorce?
Even though the property that is divided in a high-asset divorce will not be taxable right away, there are some significant tax issues that need to be considered. Each type of asset will have a unique treatment when it comes to taxes. You must fully understand your potential tax liability after your divorce.
The treatment of taxes is often complicated when it comes to some assets, which means we will provide advice regarding the right type of property division for your specific circumstances and what you can expect when your case goes to court.
These are just a few common questions surrounding high-asset divorces in Denver. When you have additional concerns or are ready to get an experienced legal advocate on your side, Price Family Law is here for you.
If you are going through a high-asset divorce in Denver and need experienced and professional legal representation, we are here to help. Our legal team will ensure that you get the quality representation that you want and need and that you are fully informed about the legal process.
If you have questions and are ready to get started with the divorce proceedings, then reach out to our legal team at Price Family Law by calling (720) 615-1750 or filling out our online contact form. We are here to help with your high-asset divorce and provide you with the results you are hoping for.