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Plymouth High-Asset Divorce Attorneys

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Eisenberg & Spilman, PLLC Attorneys Eisenberg & Spilman, PLLC Attorneys Eisenberg & Spilman, PLLC Eisenberg & Spilman, PLLC Attorneys Eisenberg & Spilman, PLLC
Home | Michigan Family Law Firm | Plymouth High-Asset Divorce Attorneys

If you and your spouse have decided to divorce, you already know that the process comes with complicated legal, financial, and emotional issues—particularly if you own high-value assets like businesses, real estate, or extensive investment portfolios. Resolving the complex issues that can arise during a high-asset divorce requires knowledgeable legal counsel who can help you understand your options and advocate for your interests. Eisenberg & Spilman, PLLC stands ready to provide the advocacy and support you need at this critical juncture.

Contact us today for an initial case evaluation with a high-asset divorce attorney serving Plymouth, and let’s discuss your legal options for seeking a fair resolution to the financial issues in your divorce.

Why Choose a Divorce Attorney from Eisenberg & Spilman, PLLC?

If a high-asset divorce in Plymouth has put your legal and financial interests on the line, you need an experienced legal advocate to protect your rights and your fair share of marital property. Choose the legal team at Eisenberg & Spilman, PLLC, to support you because:

  • Our attorneys will put in the work it takes to obtain the favorable results you deserve, no matter how complex your case may become. We have earned a reputation for providing robust, skilled legal advocacy for our clients. Our firm also bills fairly so that you have the financial resources to fight for your interests.
  • Our all-female firm represents women and men in divorce cases. Our dynamic team has the experience and flexible approach to work with clients from any background.
  • Our partners, Laura Eisenberg and Amy Spilman, are members of the American Academy of Matrimonial Lawyers. Their membership reflects their dedication to deepening their knowledge of family law and developing their experience and skills to become leading advocates for clients facing litigation in domestic relations matters.
  • You can rest assured that our lawyers diligently pursue your interests and goals in your high-asset divorce case. However, our attorneys’ experience serving as mediators also enables them to take a collaborative approach to resolving significant disputes in high-asset divorces.

What Qualifies as a High-Asset Divorce?

A high-asset divorce is one involving spouses who own seven-plus figures in total assets or when one or both spouses have high-six-figure or seven-figure salaries. High-asset divorces frequently involve the division of marital property that can include high-value or complex assets, such as:

  • Business ownership interests
  • High-value brokerage accounts
  • Investments in startups, emerging companies, or angel funds
  • Extensive real estate portfolios that include high-value primary and vacation residences or investment properties, such as commercial real estate or income-generating residential real estate
  • High-value retirement accounts and portfolio
  • Deferred compensation assets, such as stock options, restricted stock units, or profit-sharing agreements
  • Family trusts
  • Inheritance of family wealth
  • Offshore banking accounts

Spouses in a high-asset divorce require experienced, focused legal counsel familiar with the unique legal issues and challenges in such divorces. These issues may involve business/asset valuations, locating hidden or undisclosed assets, legal restrictions on asset transfers, and tax implications of resolutions to financial matters in the divorce.

Key Issues in High-Asset Divorces

Some of the major issues that couples in high-asset divorces in Plymouth face include:

  • Property division: High-net-worth couples frequently encounter significant legal disputes when trying to resolve the property division question during divorce. Litigation over property division can become particularly intense when one spouse made the primary financial contributions to acquiring the wealth in the marital estate, as that spouse may consider it unfair to have to divide assets with their other spouse.
  • Spousal support/alimony: Resolving claims for spousal support/alimony in a high-asset divorce can become complicated when one spouse has a significantly higher earning capacity than the other, including when one spouse deferred educational or professional opportunities to support their spouse’s business or career advancement. Furthermore, alimony litigation may focus on ensuring that a spouse can maintain a standard of living comparable to that enjoyed during the marriage.
  • Business interests: High-asset divorces frequently involve spouses who own business interests. However, dividing business interests that qualify as marital property can become challenging due to the complexities of business valuation or contractual restrictions on transferring the company’s ownership interests.
  • Hidden/undisclosed assets: A high asset divorce may involve claims that one spouse has hidden or failed to disclose assets or income to gain an unfair advantage in litigation over property division, alimony, or child support. Identifying and locating hidden or undisclosed assets frequently requires assistance from experts like forensic accountants who can track down marital assets through efforts to conceal them, such as placing assets in shell corporations, moving money offshore, or engaging in fraudulent transfers.
  • Pre/postnuptial agreements: Many high-net-worth couples negotiate prenuptial or postnuptial agreements that resolve economic issues like property division or alimony. These agreements can simplify a high-asset divorce or lead to intense litigation when one party seeks to invalidate the agreement based on inadequate financial disclosures, coercion, or duress.
  • Tax implications: Couples in high-asset divorces must consider the tax implications of a proposed property division or alimony order, as transferring ownership of assets between couples could trigger capital gains tax or other tax liabilities or upset carefully designed tax management strategies or estate plans.

Common Mistakes to Avoid in High-Asset Divorces

Too often, individuals going through high–net worth divorces make critical errors that negatively affect the outcome of their cases and continue to impact their lives for years to come. Some of the most common mistakes that couples in high-asset divorces make that could jeopardize their financial and legal interests include:

  • Failing to disclose the existence of all separate and marital assets
  • Inaccurately valuing complex assets, such as real estate, business interests, artwork, or collectibles
  • Overlooking the tax consequences of a contemplated property division or alimony obligation
  • Agreeing to a property or divorce settlement without legal counsel
  • Failing to update financial plans and estate planning documents to remove former spouses or reflect the division of the marital estate
  • Ignoring the effect of divorce on businesses formerly co-owned by divorced spouses

How Can a High-Asset Divorce Lawyer Help?

High–net worth divorces are high-stakes affairs, and you should not attempt to resolve yours alone or with an attorney who’s only familiar with less involved cases. Instead, a high asset divorce lawyer from Eisenberg & Spilman, PLLC, can help you protect your financial and legal interests during your divorce in Plymouth by:

  • Sitting down with you to listen to your story and understand your needs, concerns, and goals, so that we may tailor our approach to your case
  • Thoroughly reviewing relevant financial documentation to ascertain the types and values of assets you and your spouse own
  • Evaluating your legal options for seeking a favorable resolution and providing guidance to help you make informed decisions
  • Vigorously protecting your rights if your case involves challenges such as invalid pre/postnuptial agreements or hidden assets
  • Fighting for the best possible resolution to your case, whether through a negotiated settlement or by advocating for your interests in court

Contact Our Firm Today for Experienced Guidance

You’ve worked hard to build significant wealth. You deserve a knowledgeable divorce attorney who can help you protect your financial interests and build a brighter tomorrow. Contact Eisenberg & Spilman, PLLC for a confidential consultation with a high-asset divorce attorney serving Plymouth. We look forward to guiding you through the complex issues and challenges you may encounter as you resolve property division and other financial matters in a high–net worth divorce.

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