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Bowie, Maryland High-Asset Divorce Attorneys

Experienced Lawyers Guiding High-Net-Worth Clients Through Divorce in Bowie, MD

Divorce is seldom easy for anyone. However, when you and your spouse have amassed substantial assets, your situation is likely to be much more complex. Fighting over high-asset property division, child custody, and spousal support is often more intense when you have more to lose. When you add prenuptial or postnuptial agreements to the mix, issues may become even more complicated, and you will need the help of a knowledgeable attorney to handle your situation properly.

Partnering with the Law Office of Kari H. Fawcett gives you the advantages of our 50+ years of combined experience, our deep understanding of the intricacies associated with high-asset divorce, and our extensive resources. We have handled high-asset divorces throughout Maryland, so we are familiar with how courts generally rule in these matters. We are meticulous, not allowing any detail to slip through the cracks. Arrange your complimentary case review today.

Equitable Distribution of Assets and Debts in High-Asset Divorce

When you and your spouse have a high net worth, you likely have multiple high-value assets, such as:

  • Stock holdings
  • Your primary marital residence
  • Vacation properties
  • Pensions and retirement accounts
  • Businesses
  • Valuable collections, such as art, jewelry, and antiques
  • Trusts
  • Valuable cars and boats

Your debts may include various mortgages, business loans, credit lines, medical debts, and student loans. These debts may need to be divided along with the marital assets you own. Before distribution begins, your attorney from the Law Office of Kari H. Fawcett will need to review comprehensive records for all financial matters. We also need copies of any postnuptial or prenuptial agreements, along with an accounting of each spouse's assets and debts before the marriage.

Maryland uses equitable distribution to determine property division, meaning that the allocation of assets will not necessarily be a 50/50 split. Dividing business assets and debts can be complex. Both spouses may have contributed to a business financially and through personal efforts. In some cases, one spouse may be the primary financial provider, while the other maintains their household and is their children's primary caregiver.

Each party has the right to a fair share of marital assets and a similar share of debt. Our legal team has the resources to evaluate your contributions, financial or otherwise. We work with experts to determine the current values of your properties, business interests, and other assets, and we will work to negotiate agreements that will ensure that you receive as much as you should. If you believe your spouse is hiding assets, we will investigate and preserve evidence and make sure this issue is addressed correctly in court.

If either of you has received an inheritance or assets through a third-party gift, these assets may be excluded from marital property. However, exceptions may apply, particularly if those funds were commingled with marital assets. For instance, if you used your inheritance to pay for renovations to your family home, that amount may be considered marital property rather than a separate asset.

Additional Considerations in Maryland High-Asset Divorces

Most high-net-worth couples want their personal matters to remain private. You can depend on our firm's discretion. As with any divorce, other issues may need to be addressed, such as:

No matter the issue, the Law Office of Kari H. Fawcett will discuss it with you thoroughly so we can develop an effective strategy that will protect your rights. In all our conversations with you, we use straightforward, clear terms rather than obscure legal jargon. We will treat you with courtesy and respect, and we will be extremely aggressive when safeguarding your best interests. We will not allow your spouse to take advantage of you.

Contact Our Bowie High Net Worth Divorce Lawyers

When you choose the Law Office of Kari H. Fawcett, our thoroughness and aggressive stance in defending your rights will help ensure that you will be prepared for a positive future after your divorce is complete. Set up a free consultation to discuss your high-asset divorce issues with one of our highly effective attorneys by calling 301-262-5500 or contacting us online.

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