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Working Through a High Net Worth Divorce

Working Through a High Net Worth Divorce

a woman looking out at a marinaIt can be more difficult to determine property division in a high net worth divorce than in a traditional divorce. This is why it’s in your best interest to work with an experienced family law attorney who is knowledgeable in your state’s laws so you do not lose anything that is rightfully yours.

High Net Worth Divorce in Florida

While there is no official definition for a “high net worth divorce,” most legal professionals consider a divorce to fall under this category if the following are true:

  • The shared marital value exceeds the state’s estate tax limit

  • The estate includes a home or similar piece of real estate

  • One or both spouses are considered publicly famous

  • One or both spouses own a business

Collecting Evidence to Protect Yourself

There is no doubt that much is on the line in a high net worth divorce. As such, it’s vital that you and a qualified attorney collect the evidence you need to protect your rights. Examples of evidence that may be useful in a high net worth divorce include the following:

  • Receipts for any expensive property you purchased

  • Paystubs to show proof of retirement funds

  • Bank statements that show your contributions to the family’s bill payments

Seeking a High Net Worth Divorce? We’re Here to Help

If you’re considering undergoing a high net worth divorce, our Jacksonville family law attorneys are here to help. We’re prepared to put our 125+ years of combined experience to work to protect your financial assets.

Contact Owenby Law, P.A. at (904) 770-3141 to learn how we may assist you.

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