Long Island High Net-Worth Divorce Attorney
Facing a Complex Divorce? We Can Offer the Help You Need.
While there is no such thing as a simple divorce, it can be agreed upon that the more money, property, and assets involved, the more stressful the situation can become. Beyond the emotional distress that divorce may bring, this financial strain and struggle can turn a peaceful split into a bitter courtroom battle. Initially, the couple will still have to handle the same issues that every divorcing couple has to face – including child custody and spousal support.
These issues are compounded in difficulty, however, when large amounts of money are involved, and will have a big impact on the issue of equitable distribution. Already difficult matters can become a more strenuous part of your proceedings, as the court will have to take into consideration how to equitably divide the marital assets. Since a high net-worth divorce will involve more money and more valuable assets, this process can become quite complex.
In a high net-worth divorce, the court may need to divide the following types of assets:
- Business ventures
- Real estate
- Bank accounts
- Stocks / bonds
- 401(k)s and IRAs
If you find that you are in this type of situation, it is absolutely vital that you secure the help of a knowledgeable, esteemed divorce lawyer in Long Island to help protect your rights. At Wisselman & Associates, we are available to take your call 24/7. Your initial consultation is free and confidential, so please don’t wait to call!
Mistakes to Avoid During a High Net-Worth Divorce
Because a high net-worth divorce is more complicated than a standard divorce, it is important to exercise good sense before making any moves that could negatively impact the outcome of your case. When you work with an attorney from Wisselman & Associates, we can help you avoid making any of the following mistakes:
- Never attempt to hide assets. Everything must be disclosed to the courts. Even the most well-intentioned financial moves could look suspicious or sneaky. For example, a spouse may move funds out of a joint account in order to avoid having their spouse withdraw them first. Consult your lawyer before doing anything.
- Don’t do anything motivated by revenge. While you may be angry initially, it will not help you make sound decisions for the long run. A good lawyer will be someone you can trust to put your best interests first, and will do so without instigating fights or allowing you to make rash decisions intended to hurt your ex-spouse.
- Don’t agree to just anything to rush out of your divorce. You may want to get it over with, but don’t be tempted to rush into any agreement without considering its merit. This may end up costing you financially, so it is important to thoroughly analyze your options before your divorce is finalized. Don’t rush through it!
Why Hire Wisselman & Associates?
At Wisselman & Associates, our Long Island divorce lawyers know what it takes to bring success to the individuals and families who choose to work with us. We understand that in high net-worth divorce situations, success is often in the details. We are therefore dedicated to putting in the personalized attention that each case deserves. Find out how we can put more than 150 years of experience to work for you by giving us a call today.
Do not hesitate to contact a Long Island divorce attorney from Wisselman & Associates if you need legal assistance for your complex, high net-worth divorce. Call us today at (516) 406-8500!
If you are looking for more information, please visit our high net-worth divorce FAQ page.