Southfield High Net Worth Divorce Lawyers

Aggressively Protecting Your Assets

Divorce is an emotionally and financially challenging experience, especially when significant wealth and assets are involved. During divorce proceedings, one of the most difficult and important tasks is the division of marital property. Whether you have a complex portfolio of investments, real estate, businesses, or retirement funds, navigating the division of assets can be overwhelming. Ensuring that you are fairly compensated for your contributions to the marriage while protecting your future financial stability requires a careful, strategic approach.

At the American Divorce Association for Men (ADAM), we understand the emotional strain and high stakes that come with high-net-worth divorces. We are committed to providing compassionate and aggressive legal representation, offering the support you need during this difficult time. Our attorneys are dedicated to safeguarding your interests, ensuring that your marital property is divided fairly, and advocating for your financial future. We are skilled at managing the complexities of asset valuation, hidden assets, and intricate financial issues that may arise during divorce proceedings.

Compassionate Guidance for High-Net-Worth Divorces

Our team will be by your side every step of the way, striving to achieve a favorable outcome for you and your loved ones. If you’re facing a high-net-worth divorce, trust ADAM to provide the guidance, support, and experience needed to navigate this life-altering process. For over 30 years, our attorneys have exclusively represented men in family law cases. Our priority is protecting what is important to you. Let us work tirelessly to reach the best possible outcome in your case.

How is Property Divided in A High Net Worth Divorce?

Dividing assets and debts during a divorce can become increasingly complex when substantial wealth is involved. The court begins by classifying a couple’s assets and debts as either marital or separate property. Typically, each spouse retains their separate property, but marital property—assets acquired during the marriage—must be divided equitably. However, equitable does not mean equal. Instead, the court focuses on ensuring a fair division based on factors such as the length of the marriage, each spouse’s contributions, and their financial needs moving forward.

In high-net-worth divorces, the stakes are higher, as they often involve significant marital assets like investment portfolios, businesses, real estate, retirement accounts, and more. Proper valuation of these assets is critical to ensure fair distribution. Missteps during this process can result in an unfair settlement, which is why having a skilled attorney by your side is essential.

At ADAM (American Divorce Association for Men), we advocate fiercely for our clients during high-net-worth divorce cases. Our attorneys will fight to protect your financial interests and work to secure a property settlement agreement that reflects your contributions and needs. Let us help you navigate this challenging process with confidence and clarity. Contact ADAM today to schedule a consultation and start safeguarding your future.

What Property Division Issues May Arise in A High Net Worth Divorce?

A number of issues that are unique to high net-worth divorces may arise during the division of property, including:

Locating and identifying the couple’s assets
Determining how assets should be classified (marital or separate)
Valuating complex and/or rare assets
Locating hidden assets
Dividing substantial retirement and investment assets
Valuating businesses
Considering the tax implications of property division decisions

Our lawyers have extensive experience representing men in high-net-worth divorces, so we have the resources and skills to handle these complex challenges.

Will You Have to Pay Spousal Support?

Spousal support is a contentious issue in many high net worth divorce cases. This is because the spouse with the lower net worth may seek an unreasonable amount of spousal support every month. You and your spouse will have an opportunity to try to reach an agreement on your own outside of the courtroom. But if your spouse is demanding too much spousal support, you may need to take your case to court.

Considerations When Determining Spousal Support

The judge will consider many factors when determining if spousal support should be awarded, and if so, how much. Some of these factors include:

The length of the marriage
Each party’s conduct during the marriage
The income and earning potential of each party
The property settlement agreement
Each party’s health and unique needs
How each party contributed to the marriage
The standard of living enjoyed by both spouses during the marriage

In many cases, the judge may find that the spouse with the lower net worth has the right to continue enjoying the same quality of life they had during the course of the marriage. This could lead the judge to order you to pay an unreasonable amount of spousal support. This is another reason why you will need our attorneys to defend your rights and ensure you are treated fairly by the court.

How Much Will You Have to Pay in Child Support?

The court usually follows the Michigan Child Support Formula when calculating child support payments. This formula will calculate child support based on several factors, including each parent’s income and the number of children involved.

However, the court cannot use this formula if the family’s income greatly exceeds the highest income amount listed in the state’s guidelines. As a result, it is typically up to the judge to determine how to calculate child support payments in asset divorces. You will need an attorney who will aggressively fight to ensure you are not ordered to pay an unjust amount of child support.

Call Now For A Free Phone Consultation With Our High Net Worth Divorce Attorneys in Southfield

If you are involved in a high net-worth divorce, it’s in your best interest to seek legal representation from the divorce attorneys at ADAM as soon as possible. We have proudly represented men in high net-worth divorces since 1988. We know how to overcome the unique challenges and obstacles that may arise in a high-net-worth divorce case. More importantly, we know how to protect your assets and your financial future throughout divorce proceedings.

Learn more about how we can help during a no-cost consultation with our team. Book your free phone consultation, call 248-356-2326, or submit your information using the form on this website.