Before you propose any sort of plan with your soon-to-be ex-spouse, you need to speak with an attorney who will ensure that your best interests are being served.
High Net Worth Divorce in Minnesota
Your attorney will carefully evaluate your marital property and your non-marital property to determine what the best type of division might be. If you have a prenuptial agreement, he or she will need to see that as well.
Your lawyer might ask that you talk with one or more appraisers, particularly if you have a family-owned business, multiple properties, or a pension.
Because your future financial stability is at stake, it’s important that you listen to your lawyer’s guidance. He or she knows Minnesota law and how it affects high net worth divorces.
You or your spouse might be entitled to spousal maintenance, and the courts will look at several factors to determine who gets what. Those factors include:
- Both parties’ standards of living before the divorce;
- The duration of the marriage;
- The financial resources of both spouses, as well as the earning capabilities of both spouses; and
- The age, health and education level of both spouses
There is no set formula for determining alimony in Minnesota, so it’s usually a legal landmine. Your attorney will walk you through the entire process to ensure that you’re getting the best possible outcome for your case.
High net worth divorces can get messy quickly, so it’s important that you are working with a firm, aggressive and fair lawyer who will help protect your assets. Using extensive evidence, such as tax returns, profit-and-loss statements, balance sheets and more, your lawyer will be able to accurately describe your situation to the court.
Free Initial Consultation
You deserve to have someone in your corner, fighting for your rights. Call us at 763-323-6555 for a complimentary initial consultation so that we can evaluate your case and help you move forward with your life.