A divorce can be a difficult and emotional journey. It is no secret that financials play a major role in the divorce process. No matter the relationship, couples will need to figure out how to divide their assets. Sometimes, this is a fairly simple procedure. But, the more assets a couple has, the more complicated things can get. For this reason, a high net worth divorce can become extremely complex and you may need a lawyer that specializes in divorces of this magnitude. . Read on to learn more about high net worth divorces in New York City
What Constitutes a High Net Worth Divorce?
A high net worth divorce occurs when one or both spouses have a net worth of $1 million or more during the divorce case.
How do I Protect my Assets?
There are a few ways to protect your assets. One of the best ways to do this is to execute a prenuptial agreement before you are married. This is a document that protects your assets in the event of a divorce. Despite the stigma associated with prenuptial agreements, it is important to note that this document simply protects you and your spouse, and does not in any way indicate a potential divorce down the line. Reach out to us if you would like to draft a prenuptial agreement. If you did not create a prenuptial agreement before the marriage, you can still create a postnuptial agreement. This is the same document created after you have legally been married. This can be a difficult subject to broach with your spouse, but it can provide you both with peace of mind.
What if My Spouse is Hiding Assets?
A divorce can be a complex and messy situation. Not everyone is always honest about their assets during a divorce. Zimmet Law Group, P.C. will conduct a thorough investigation to ensure that your divorce process is fair, even utilizing connections with some of the best New York City forensic accountants.
A divorce is never easy, and if you and/or your spouse have significant assets, things may become even more difficult. As a result, you will need an attorney who specializes in high net worth divorces. Zimmet Law Group P.C. has the skill and experience to represent you in the event of a high net worth divorce. If you have any questions or concerns, do not hesitate to reach out to our firm today.
Contact Our Firm
Zimmet Law Group, P.C. is an experienced team of attorneys guiding clients through matters of estate planning and administration, divorce and family law, real estate, commercial litigation, business law, bankruptcy, and landlord-tenant law. If you require the services of an effective New York City attorney, contact our firm today to schedule a consultation.