High Net Worth Divorce
Let us help you protect your assets
Hire an experienced divorce lawyer in Chandler
In divorces involving complex marital estates, having a divorce lawyer who understands how to help you protect your assets is vital to your case results. Michael D. Miller Jr. has nearly 40 years of experience representing professionals and other individuals in complex high net worth divorce cases in Chandler. We understand that asset protection is often one of the top priorities in a high net worth divorce case, and we will work hard to understand your property division goals and what you are entitled to in your divorce case. Ensuring an equitable financial split is important in any divorce case, and this is especially true in a high net worth divorce. Here at The Law Offices of Michael D. Miller Jr., we understand the complexities of property and financial division. If you choose to work with our Chandler divorce lawyer, you will benefit from our experience and our commitment to achieving the best possible resolution for you and your family. Schedule a consultation today.
Assets a high net worth divorce can impact:
Retirement accounts, 401(k)s, and pensions
Shared businesses, partnerships, or business investments
Real estate and property holdings
Out of state or international assets
If you are getting divorced, you are most likely concerned about what will happen to your assets — especially if you are entering a high net worth divorce case. Divorce is already an emotionally stressful process, and it can be compounded by financial stress; if you or your spouse is a high net individual, you may face even more stress.
Income affects a divorce, and you or your spouse’s income will drastically affect the terms of child support, spousal support, and division of assets. If you or your spouse has over $1 million in net liquid assets, then your divorce is considered a high net worth divorce, and it is vital that you hire an experienced divorce attorney like Michael D. Miller Jr. to advocate for you. Contact The Law Offices of Michael D. Miller to schedule a consultation with a Chandler divorce lawyer.
Division of Long-Term Accounts - 401(k), Pension, Retirement Plans
Many individuals believe that the person who has paid in the 401(k) program will retain those assets after a divorce. However, a 401(k) is viewed as community property and will be divided in the divorce. Although you may have been the sole contributor to the plan, both spouses are entitled to half of the 401(k) amount that accrued during the marriage. The same is true for other long-term accounts like pensions and retirement plans.
Determining the value of your 401(k) can be challenging, and it is best to hire an unbiased third party to give you the exact amount of how much you and your spouse will receive and how much was solely yours prior to the marriage. Having a third party account will reduce the chance that your spouse will contest the separation of assets, and having a divorce lawyer on your side will also help the asset division go more smoothly.
With a high net worth divorce, investments and retirement plans can be a significant portion of your assets. Know that whenever you are dealing with money, you want to make sure that you have done everything you can to protect yourself and help the separation process go as smoothly as possible. A divorce attorney at The Law Offices of Michael D. Miller Jr. is here to advocate for you.
Alimony and spousal maintenance laws can have a big impact in high net worth divorce cases in Chandler. Arizona family law judges are authorized to order one spouse to pay the other alimony. The court must determine if a spouse is entitled to alimony and also determine the amount and duration of spousal support. Alimony is not necessarily appropriate in every case, and the judge has broad discretion in deciding whether alimony is appropriate. Have an experienced divorce attorney at your side who can guide you through the process and protect your assets.
Spousal support can be a complex and emotional issue, as it is important to both parties. After all, one party may be relying on alimony payments to support themselves while paying for that support impacts the other spouse’s ability to pay their own expenses. Michael D. Miller Jr., Attorney at Law, has nearly 40 years of experience helping clients through the divorce process. He knows what a judge is likely to do in a spousal maintenance case and will advocate for you.
The Law Offices of Michael D. Miller Jr.
The legal decisions you make today will affect your future, which is why our divorce attorney is determined to educate you on your rights and assist you in making strategic legal decisions in your high net worth divorce case. Michael D. Miller Jr. has nearly 40 years of experience assisting clients in Chandler. He will help you through the family law process and work hard to achieve the best possible resolution for your case.