High Net Worth Divorces in Indiana – Webster & Garino
High Net Worth Divorces in Indiana
A divorce is a painful experience for any couple, but high net worth divorces present their own unique challenges that must be addressed. With the assistance of an experienced Indiana divorce attorney, the divorce process goes much more smoothly.
In many divorces, the couple owns a home and perhaps two vehicles. However, in a high net worth divorce, the couple may own several vacation homes, businesses, boats, investment properties, and multiple vehicles. Each of these items must be assigned a value before it may be divided. In some cases, an accountant must be hired to assist with the valuation.
Similarly, complicated tax liabilities may be possible in high net worth divorces due to the types of assets the couple acquired during their marriage. To avoid tax penalties, audits, and other action from the IRS, hiring an attorney is necessary.
In high net worth divorces, the parties may be more likely to have money in offshore accounts or in accounts that are difficult to locate. Divorce attorneys have the tools needed to identify and locate all marital assets to ensure each party receives a fair distribution of the marital estate.
Indiana allows the award of spousal maintenance, or alimony. In high net worth divorces, spousal maintenance is especially common if one spouse made significantly more money than the other. Because an award of spousal maintenance requires a careful examination of many different factors, it is important to have an experienced divorce attorney help with this issue.
At Webster & Garino LLC, we are prepared to help with your high net worth divorce
The divorce attorneys at Webster & Garino have assisted Indiana clients with high net worth divorces. To schedule a free consultation at our Westfield office, call 317-565-1818.
DISCLAIMER/ATTORNEY MESSAGE: The information contained in this website/webpage, including, but not limited to, written material, recorded material and/or video/visual material is provided for informational purposes only, and should not be construed as legal advice on any matter. The transmission and receipt of information on or through this website, in whole or in part, or communication with Webster & Garino LLC via the Internet or e-mail through this website does not constitute or create an attorney-client relationship between us and any recipient. You should not send us confidential information in response to this website or webpage. Such responses will not create an attorney-client relationship, and whatever you disclose to us will not be privileged or confidential unless we agree to act as your legal counsel and you have signed an engagement letter with Webster & Garino LLC. The material on this website/webpage may not reflect the most current legal developments. The content and interpretation of the law addressed herein is subject to revision. We disclaim all liability with respect to actions taken or not taken based on any and all of the contents of the website/webpage to the fullest extent provided by law. Do not act or refrain from acting based upon this educational information only without seeking your own professional legal counsel.