Rockville, MD High-Net-Worth Divorce Attorney

Aggressive Lawyer Securing Favorable Divorce Decrees in Rockville, MD

Your divorce might be more complicated if you and your spouse have built up substantial wealth during your divorce. Divorcing couples with small marital estates can often divide their marital property by agreement with minimal hassle or need for court intervention. The process can be substantially more complex for high-asset spouses. You may have special issues in your case, such as the need for spousal support or a problem with hidden assets. It is important to work with an attorney who has experience in high-net-worth divorce cases.

Diamant Gerstein, LLC is highly skilled in helping spouses with substantial marital estates involving complex assets get divorced. Our dedicated Rockville, MD high-assset divorce attorneys understand the particular set of issues facing spouses who share substantial marital assets. You will be able to reach us 24/7, and our lawyers answer phone calls from clients personally so you will never need to go through a receptionist to reach your attorney.

Spousal Support in High-Asset Divorce

It is common for one spouse in a high-asset marriage to focus on running the household and raising the children so the other can more fully devote himself or herself to being the breadwinner. The homemaker spouse's contributions enable the spouse who works for pay to focus entirely on building a career and keeping up with a demanding but well-paying job.

Especially if the marriage lasted many years, the homemaker spouse is likely to need spousal support so that he or she does not struggle to support himself or herself after the divorce.

Dividing Complex Assets

Some assets, like money in a savings account, are relatively easy to divide between spouses. Other assets require more strategizing to divide fairly. Assets that might be challenging to divide include:

• Stock portfolios - It can be difficult to establish a fair division of stocks, as the value is constantly fluctuating. Spouses can use strategies like dividing the stocks based on their value at a specific time, or may choose to sell some stocks to divide the profits and re-invest.
• Businesses - If one or both of you have an ownership interest in a corporation, it can be difficult to divide this interest. You and your attorney will need to consider factors like which spouse is directly involved in running the company, and if you worked together, whether you can continue to do so.
• Rental properties - If you own real estate you rent out, you will need to determine how to split future proceeds.

What if I Have an Unfair Prenuptial Agreement?

If your spouse was wealthy before marriage, he or she might have gone to extreme lengths to protect his or her wealth in the event of divorce. If you were coerced into signing a prenuptial agreement you had little or no hand in drafting, or if your contract is so drastically unfair that it would leave you unable to meet your basic needs, your lawyer may be able to have it set aside.

High-Net-Worth Divorce and Child Custody

Child custody issues are decided the same way regardless of the parents's financial status. However, the actual issues involved might look different for high-net-worth parents. You may need to discuss:

• Planning for college costs - If your child is not likely to qualify for financial aid, you will want to plan for his or her college expenses.
• Traveling with children - If one or both of you regularly travels out of the country, you will need to prepare for the logistics of traveling with your minor child.
• Relocation - If one of you is considering moving due to career opportunities or for a better quality of life, you will need to plan your child custody schedule based on the intended relocation.
• Funding private school or extracurriculars - If your child is in private school or participates in costly activities, you will need to determine how you and your spouse will continue to finance these costs.

Contact a Rockville, MD High-Net-Worth Divorce Attorney

Diamant Gerstein, LLC is experienced in high-asset divorce. Our dedicated Rockville, MD divorce attorneys will work to help you resolve the complex financial issues in your divorce. Contact us at 301-560-2685 for a confidential consultation.