Applying Decades Of Experience In High-Asset Divorce
Even simple, straightforward divorces can include complicated elements, but dividing retirement funds, stocks, real estate investments and business assets can make high-asset divorces particularly complex. If you are dealing with a high asset or high-dollar divorce in Minnesota, enlist the help of an experienced high-asset divorce attorney. You need a lawyer who will work diligently to protect your assets, whether you are the wage earner or your spouse was the breadwinner for your family.
At Coodin & Overson, PLLP, we have more than three decades of experience handling divorces involving substantial assets and debts for clients in St. Paul and throughout the Twin Cities. Our experienced St. Paul high-asset divorce lawyers know what to anticipate in an effort to protect your financial interests. Contact us today to learn how we can help you start the next chapter of your life without putting your finances at risk.
Protect Your Retirement Benefits With Our Help
After your family home, your pension plan or 401(k) plan may be your greatest asset. Even if one spouse primarily earned the savings, a portion of the savings could be divided between both spouses depending on several factors. We have extensive experience handling high-asset divorces involving substantial assets such as:
- Retirement accounts and 401(k)s
- Real estate and personal property
- Employee benefits and pensions
We have seen emotions quickly spiral out of control when money is on the line. Our St. Paul high-asset divorce attorneys are committed to helping you protect your financial interests, while not adding any fuel to a potentially contentious situation. When you select our law firm, we will help you understand what to anticipate so you are not left with any surprises.
Generally, any money earned before you got married will not be divided when you get divorced. Property division can be highly complicated if your individual assets, including retirement benefits, were commingled during your marriage. Any assets acquired during your marriage could be subject to an equitable distribution. This does not necessarily mean a 50-50 split. One spouse, for example, could maintain a greater share of the retirement benefits while the other spouse may keep other property equaling the same value. Property division is based on guidelines, but divorcing parties can reach settlements outside of the guidelines. Factors such as a disparity in health, employment history and child custody issues can complicate high-asset divorces, making it important to work with an experienced lawyer.
Skilled Spousal Support Attorneys Working For You
In many high-value divorces, spousal support is an issue. Clients often seek support payments or attempt to limit their obligations. We have extensive experience representing financially independent spouses and clients seeking spousal support. Our firm can work to see that your rights are protected.
Maintain A Fair Share Of Your Real Estate Property
Many couples who are dealing with a high-asset divorce may hold numerous pieces of property. Whether these are homes, vacation homes, rental properties or empty pieces of land, a proper value must be assessed for us to see that you get your fair share.
Handling Business Valuations In Minnesota
One aspect of a high-asset divorce that may complicate matters is the holding of a business by one or both spouses. It is important for the business to be properly valued for the courts to determine how it should be divided.
Contact A Skilled Maplewood Property Division Attorney
High-asset divorces should not be handled by just anyone. Our firm has extensive experience handling high-dollar divorces for clients in Woodbury and throughout the Twin Cities. We offer a comprehensive approach and are able to handle all aspects that may arise during the course of settling all the financial issues related to your divorce issues in or out of court.
Contact us today for a free initial consultation.