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in our high net worth and ultra high net
worth cases
some of the issues are exactly the same
you know working to craft a custody plan
is the same
across the spectrum of our clients right
you want to put in place a plan that’s
best for the children one thing that’s
nice in a high net worth case is that
you often have the resources to make
sure the children are fully supported
regardless of what’s going on with the
family on the financial side what we
find is we really need a team of people
who can address the various issues that
come up in a high net worth case this
could be
issues about registering the transfer of
securities with the sec this could be
trust and estates attorneys that we need
to help us with
navigating changes to trusts that have
been put in place if that’s appropriate
oftentimes there may be a foundation
that’s been set up
we need help to make sure that both
spouses are able to continue to work
with that foundation going forward we’re
going to need experts to help us with
valuation issues if there are more
esoteric assets or assets that we need
help valuing so i think what we find in
those cases is while some of the pieces
are similar
negotiating with your spouse of many
years is always going to have components
that are similar regardless of how many
assets are at stake but there also may
be more complicated issues and our firm
certainly has handled a number of these
cases and we have the relationships with
these outside experts to help make sure
we have all of the information that we
need to help negotiate a successful
settlement
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NYC family law attorney Shannon Simpson shares her approach to handling high net-worth cases.