High-Net Divorces in Northern Virginia
Fairfax High-Net Divorce Lawyer
A divorce is a difficult and complex process for any couple to deal with.
However, when the couple has a high net worth, the issue of asset division
will become more important as well as more complicated. If this is your
case, you need an attorney with the knowledge and experience to protect
you as there is a lot more at stake. Our
Northern Virginia divorce lawyers at ShounBach has been practicing family law for the past 40 years and
has represented many wealthy individuals. We are able to effectively handle
even the most complex case and will put all of our years of experience
and skill into successfully resolving your case.
According to Virginia statutes, marital property is subject to equitable
distribution in a divorce proceeding. Property acquired during marriage
is presumptively marital property. Any property classified as marital
property is subject to division between the parties. Separate property
is any asset that was owned by the husband or wife before they were married,
an inheritance or gift that was received by only one spouse, or any asset
acquired after the couple separated. However, these two types of property
can be so intermingled that it can prove extremely difficult to determine
which portion is separate and which portion is marital and equitably divide
the asset accurately.
After the property has been classified and valued, it will be subject to
equitable distribution. This does not mean that everything will be split
exactly fifty-fifty, but rather a many different factors will come into
play. For example, each party's contributions, monetary and nonmonetary,
in the acquisition, care and maintenance of marital property and the circumstances
and factors which contributed to the dissolution of the marriage, specifically
including any fault-based ground for divorce. It is important to remember
that pensions and retirement assets may be classified as marital property
and therefore may be subject to distribution between spouses.
How a Northern Virginia High-Net Worth Divorce Attorney Could Help
In consultation with a member of our team, we can craft a property settlement
agreement that meets your needs. This written contract allows a couple
to set forth how their assets will be divided in conjunction with their
separation and divorce. Assets that may be addressed in a property settlement
agreement include businesses, investments, real estate, and personal belongings
such as art and jewels. Having a competent lawyer on your side could make
all the difference in the outcome of your case.
In order to avoid a lengthy and expensive court room battle and the emotional
trauma of a contested divorce, you should contact a
Fairfax divorce attorney from our firm to help you navigate this complex legal process. We understand
how difficult separation and divorce can be and therefore fight tirelessly
for our clients. With over 200 years of combined experience, we are known
for our effort, skill, and the compassionate manner in which we treat
For more information,
contact a Northern Virginia high-net worth divorce lawyer from our firm. We will do everything in our power to protect your interests.