In high asset/high net-worth divorce proceedings, it is important to receive representation from experienced and knowledgeable legal counsel. At the Lane Law Firm, P.A., we can properly advise you about the intricate financial, valuation and taxation issues that these proceedings entail.
We are experienced litigators and skilled negotiators, who tenaciously advocate on behalf of our clients, and protect their interests in a strategic, efficient, and cost-effective manner. Our law firm provides exceptional personal attention to our clients, and handles every matter with integrity, professionalism, and the utmost discretion.
We work with a network of experts including: forensic accountants, economists, business valuation experts, real estate appraisers, private investigators, pension evaluators, jewelry and art appraisers, actuaries, financial planners, vocational experts, and attorneys who practice in the areas of taxation, real estate, corporate law, and trusts and estates. Having qualified experts testifying on behalf of our clients, provides them with a critical advantage, and ensures that their financial interests are properly protected
High asset/high net-worth clients include business owners, executives, medical, legal and accounting professionals, public figures, professional athletes, entertainers, entrepreneurs, elected public officials, investment bankers, philanthropists, beneficiaries of inherited wealth, and their spouses.
Our law firm represents clients on all issues incident to the dissolution of marriage, including the identification, valuation and division of: business interests, real estate, intellectual property, investment accounts, professional practices, inherited wealth, executive compensation, deferred compensation, trusts, collectibles, antiques, art, jewelry, wine collections, classic automobiles, private jets, overseas accounts, and tax shelters.
Florida Law Concerning Distribution of Assets
In allocating assets, Florida courts make the following distinctions:
I.Marital assets and liabilities include:
a.assets acquired and liabilities incurred during the course of the marriage
b.the appreciation in value of nonmarital assets that result from either party’s efforts during the course of the marriage, or the contribution of marital funds
c.gifts exchanged during the course of the marriage
d.rights in deferred compensation, pension, retirement, profit-sharing, insurance, and annuity plans that are accrued during the course of the marriage
e.all property held by the parties as tenants by the entireties is presumed to be a marital asset (subject to proof to the contrary by a party asserting an opposing claim)
II.Nonmarital assets and liabilities include:
a.assets that are acquired and liabilities that are incurred prior to the date of marriage, and assets that are acquired and liabilities that are incurred in exchange for these assets and liabilities
b.assets that are acquired by either party by non-interspousal gift, devise, bequest, or decent, and assets that are acquired in exchange for these assets;
c.income that is derived from nonmarital assets during the course of the marriage, unless this income was treated, utilized or relied upon as a marital asset
d.assets and liabilities that are excluded from the marital estate by valid, written prenuptial or postnuptial agreement, and all assets and liabilities exchanged therefore
e.liabilities incurred by forgery or unauthorized signature, where one party signs the name of the other
Contact a Palm Beach County High-Asset Divorce Lawyer
Call our office at: (561) 363-3400, or contact us online, to schedule an initial consultation with a high asset/high net-worth divorce attorney. Our offices are conveniently located in Palm Beach Gardens, Wellington, West Palm Beach and Boca Raton, Florida.