After many years together, married couples often have a lot of history between them. Sometimes that history includes many high-value assets, 401(k) or even a family business. Situations where the finances are so expansive may scare couples away from the divorce that they so desperately need. However, Carton & Rosoff PC has the answers to the tough financial questions that could help divorcing wealthy couples.
Substantial assets a married couple may share often include professional licenses, degrees or practices, IRAs, 401(k) accounts, pensions, stock options, restricted stock, forgivable loans and other deferred compensation, trusts, real estate, or a family business
If you are considering divorce and have many of the assets listed above, your divorce is
likely categorized as a high asset divorce. The difference between high asset divorce and a
regular divorce is pretty obvious with high asset divorce containing significant complex asset
division between the divorcing couple.
As one of the top high asset divorce firms in the New York area, we are experienced in the valuation and allocation of the types of complex assets listed above. High net worth divorces require rigorous analysis in order to determine true value and equally distribute said assets among the divorcing couple.
Confidentiality is a concern for asset valuation and distribution; therefore we use mediation or collaboration to devise private solutions. When it is necessary, we can utilize our network of forensic experts who can help us identify and value even the most complex personal and business assets.
Our overall focus is on you and your unique financial and family circumstances. It is our goal to achieve an outcome that is fair to all parties while protecting our client's best interests. While there is no guaranteeing a divorce decree before it is written, we will do everything in our power to ensure our client's best interests are met.
There will be some give-and-take in mediation or litigation, despite whichever path you choose. Understanding that is the first step to prioritizing your assets in a way that puts the most important ones at the top.