What is a High-Net-Worth Divorce in California?

Divorce is a complex matter, and for multiple reasons. Often, when couples get divorced, they have far more to be concerned about than the emotional aspect of it, though this often takes precedent. That said, divorce is far more than a personal, emotional matter; it is also a financial and legal one. Unfortunately, though both spouses have a lot to sort out emotionally, they also have a lot to consider financially, especially if they have more assets than the average couple. If you fall into this category, you should read on and reach out to a knowledgeable Los Angeles divorce attorney from the Zitser Family Law Group, APC to learn more about high net worth divorce in California and how our firm can help if you’re going through one. Here are some of the questions you may have:

What is a high-net-worth divorce and what should I do if I’m in one?

Technically speaking, when either one spouse or a couple has at least $1 million of marital assets, they are considered a high net worth couple, making their divorce a high net worth divorce. If you’re in such a divorce and have no protective measures in place, the most important thing you can do is retain the services of the Los Angeles high net worth divorce attorneys from our firm who can fight for what’s rightfully yours.

Is there anything I can do to protect what’s mine in a high-net-worth divorce?

Fortunately, as previously mentioned, there are certain things you can do to protect your hard-earned assets before even going through the divorce process. The most straightforward measure you can take to protect your assets is drafting a prenuptial agreement. In a prenuptial agreement, you and your spouse can outline exactly what will happen with marital assets, should you ever get divorced. It’s worth noting, however, that you must draft this agreement before marriage. Once you’re married, you can no longer draft a prenuptial agreement, however, you may still draft a postnuptial agreement. Postnuptial agreements serve the same essential purpose as prenuptial agreements, though they are exclusively drafted after marriage. If you’d like assistance drafting either of these agreements or have any other questions about the high net worth divorce process, our firm is here to help.

Contact our experienced Los Angeles firm

Divorce and family law issues are notoriously complicated and personal, which is why you must hire an attorney with years of experience, as well as the compassion and skill needed to handle these sensitive matters. For the qualified, dedicated legal representation you and your family deserve and need, contact Zitser Family Law Group, APC today.

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