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Contact Zachary J. Fruchtengarten
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Portland, OR family law attorney Zach Fruchtengarten talks about the biggest challenges faced in high net-worth cases. He notes that complex settlement negotiations often involve two primary challenges. The first arises when parties have significant asset value on paper but lack liquidity. In these situations, the issue becomes how to structure a settlement that provides adequate security for the party receiving payment while also ensuring that the paying party has the practical ability to meet the obligation, often by equalizing assets without jeopardizing financial stability.
The second challenge involves obtaining accurate and complete information. When representing a party with limited access to financial details, it becomes essential to thoroughly investigate and assess the true value of the assets. This includes identifying anything that may not be immediately transparent from the financial information initially disclosed.
