Bowie High-Asset Property Division Lawyers
Respected Divorce Attorneys Ensuring Equitable Distribution of Valuable Assets in Bowie, MD Divorce Cases
Having substantial assets can make life more comfortable, but it can also cause intense disagreements and complications during divorce. Whether your spouse is attempting to hide assets to keep you from your fair share of your property, or you need to determine the best ways to divide property while avoiding financial losses, you will need to address a variety of legal and financial concerns. Not every attorney has practical experience handling intricate high-asset divorces and property division disputes. These situations are complex, and THEY require meticulous attention to detail.
For decades, the Law Office of Kari H. Fawcett has assisted high-asset couples with various issues during divorce, including equitable distribution of their property and debts. We can work with valuation experts who understand how to assess the value of your assets accurately, and our familiarity with Maryland courts and their rulings gives you an inside advantage. You cannot afford to choose the wrong attorney. Call us now to discuss your issues with one of our experienced lawyers.
Placing Accurate Values on Assets for High-Net-Worth Couples
Before your attorney can begin to construct a comprehensive property division plan, we need to gather several documents, including:
- A detailed list of all your assets and debts
- Copies of any prenuptial or postnuptial agreements
- An accounting of the assets and debts each spouse had before the marriage
- Proof of any inheritances or third-party gifts either of you received, including whether it was before or during your marriage and if those assets were combined with marital assets
- Statements showing the current balances for your debts, which may include student loans, mortgages, medical loans, and business loans
Once we have details, we work with business valuation experts and other appraisers to place fair values on your combined assets, which often include:
- Your primary residence
- Secondary homes and vacation properties
- Stocks, stock options, and retirement accounts
- Collections, including jewelry, art, collectible cars, and antiques
- Boats and similar high-value items
- Investment properties
- Pensions
- Trusts
- Businesses and business holdings
Dividing Complex Assets
Although selling some assets and dividing the proceeds equitably is an option, it may not be in your best interests to do so. You or your spouse may depend on a business to earn income. Rather than forcing a sale, one spouse may buy the other spouse's share of the business, or other assets of similar value may be allocated accordingly. If you and your spouse own several homes, you could each retain one or more properties. The key in these matters is to take steps to protect your financial future and ensure that you receive a fair and equitable share of the property you own.
Law Office of Kari H. Fawcett has 50+ years of experience assisting high-net-worth couples in Maryland with complex legal and financial matters during divorce. If your spouse is intentionally concealing assets or falsely inflating debts to gain an advantage in your divorce, we know how to handle these situations effectively. We can develop a customized strategy to suit your circumstances while tenaciously defending your rights.
Understanding Equitable Division of Property in Maryland Divorces
In some states, assets and debts are split equally. Maryland, however, uses the equitable distribution principle. Each spouse will receive their fair share, although you may disagree on what is fair. Law Office of Kari H. Fawcett will aggressively advocate for your best interests, whether your divorce and property division is amicable or highly contentious.
Your lawyer's familiarity with high-asset property division and how courts typically rule in these matters is crucial. You can trust the Law Office of Kari H. Fawcett to handle all aspects of your high-asset divorce, addressing concerns related to alimony, child custody, and property division competently and discreetly.
Call Our Bowie, Maryland High-Asset Property Division Attorneys
Not all lawyers are capable of handling the complexities of high-asset property division effectively. Our considerable experience and focused knowledge mean you can trust the Law Office of Kari H. Fawcett to protect your assets and best interests during your divorce. Contact us online or call 301-262-5500 today to arrange your complimentary case review.