Los Angeles, CA family law attorney Robyn Santucci talks about how Los Angeles high net worth divorces differ from regular divorces. She shares that high net worth divorces in Los Angeles often involve complex financial issues that go beyond the typical division of assets. These cases may include businesses that require valuation, with the operating spouse retaining the business while providing fair compensation to the other party. Business valuation frequently becomes a point of contention, as the parties’ positions on value can vary significantly.

In addition, these divorces often include reimbursement claims or the division of assets that are part community property and part separate property. Determining how to separate and value those components adds another layer of complexity. To address these issues, experts such as accountants and valuation specialists are brought in to provide essential analysis and guide the process.

Because of the intricate financial structures and competing claims, high net worth cases typically require a more expert-driven approach. This ensures that all relevant information is gathered and carefully considered, leading to a fair and equitable resolution.