Fairfield High Asset Divorce Lawyer

High asset divorces involve large amounts of property or capital that are shared during a marriage and must be divided upon separation. As businesses, investments, and other important assets are at stake during a divorce, it can be stressful to understand how everything can be fairly divided. If you are facing a divorce that involves complex capital, a skilled Fairfield high asset divorce lawyer from Reich & Truax, PLLC, can help you defend your rightfully earned assets.

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Protecting Your Assets: The Role of a Fairfield High Asset Divorce Lawyer

As high asset divorce cases can have a deep and even permanent impact on the future of your assets, it is critical to work with a skilled attorney who can protect your financial interests. An experienced lawyer can help individuals going through a divorce involving complex assets like investments, real estate, and businesses, leveraging important legal strategies to protect their goals and reflect their financial situation.

A Fairfield high asset divorce lawyer from our team can work with professionals in the financial field, such as tax advisors and forensic accountants, to ensure your case is optimally handled. By having a deep understanding of your financial interests and assets at stake, a lawyer from our firm can advocate on your behalf for a reasonable and fair division of assets.

Common Challenges Presented in High Asset Divorce Cases

High asset divorce cases tend to involve various financial matters that do not come up during a standard divorce. The legal team at Reich & Truax, PLLC has assisted clients with navigating the following common challenges associated with high asset divorce cases:

• Complex asset division. Dividing complex assets in a fair and equitable manner can be deeply challenging. High asset divorces can include assets like retirement accounts and pensions, commercial and residential real estate holdings, investment portfolios and personal property of high value. Fair division of these assets calls for a deep understanding of asset classification, tax implications, and financial markets.
• Business valuation. Business valuation is a critical process that involves determining how much a business is worth. Proper valuation ensures that these assets are divided in a just and reasonable manner. High asset divorces involving business ownership can include disputes regarding whether the business is separate or marital property. Business evaluation involves a deep understanding of the company’s current assets and future potential for growth.
• Tax considerations. Agreements involving spousal support, property division, and income from selling investments or real estate can come with serious tax implications for each spouse. It is important to work with an attorney who has a strong network of tax professionals they can leverage to help minimize your tax burden and who can help you understand the implications of any transaction or agreement in your settlement.
• Spousal support. Spousal support, otherwise known as alimony, can be a serious issue in high asset divorce cases. In cases involving disparities in income, disputes can arise over what a fair alimony agreement is. A skilled lawyer can consider key factors like marriage lifestyle, the financial needs and situation of each spouse, and the length of the marriage.

If you suspect your spouse is hiding assets in an attempt to avoid them being subject to Connecticut’s equitable distribution laws, we can work with forensic accountants to handle the situation. Whether you are facing issues with spousal support payments or dividing business assets, a Fairfield high asset divorce lawyer from our firm has the skills, experience, and network of professionals to optimally handle your case.

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Protect Your Rights and Interests With a Fairfield High Asset Divorce Lawyer