Benefits of Legal Counsel in a High Net Worth Divorce
Any divorce in California can impose severe financial concerns for both spouses, but couples who control substantial assets and complex investments tend to have the most difficult times in divorce proceedings. A “high net worth divorce” was traditionally any divorce involving a couple with a net worth of more than one million dollars. By today’s standards, a “high net worth divorce” is likely to involve a marital net worth in the tens of millions or more.
If you are a high-net-worth individual preparing to end your marriage in California, it is natural to have concerns about the overall financial impact of your dissolution. It’s understandable to want to preserve as much personal wealth as possible and to only part with what you must under California state law. Your situation may be more complex than it appears at first, so it is always best to approach divorce proceedings with the help of an attorney you can trust.