High Net Worth Divorce Attorney in Minneapolis, Minnesota

What problems are faced by clients in high net-value divorce cases?

Minneapolis, MN family law attorney Matthew Ludt explains the unique challenges in high net-value divorce cases?

More In This Category

View Transcript

00:00
[Music]
00:03
in all divorces there’s anxiety and
00:06
stress but when there’s more assets in
00:09
equity there’s even more anxiety and
00:12
stress and it’s not just because there’s
00:13
more to divide it’s because of the
00:15
confusion a lot of times in high net
00:17
value divorces you’ve got things that
00:20
are more complex you have small
00:22
businesses or closely held businesses
00:24
where there’s a question of how much
00:26
equity is marital that belongs to
00:28
partners or the one of the family
00:32
members you’ve got real estate that is
00:35
also a lot of times commingled or
00:37
sometimes somewhat corporately held or
00:39
held by an LLC you have retirement
00:43
assets that are a whole lot more
00:44
complicated and inevitably there’s also
00:47
incomes where there’s layers you know
00:49
there’s just not only salary but you got
00:51
bonuses and commissions and maybe stock
00:53
options that are vested or unvested
00:55
along with other benefits all these
00:58
things make for a greater deal of
01:01
complication which makes for greater
01:03
stress and anxiety we have to go through
01:06
all that sorted out in regards to what
01:08
are the true values there what’s taxable
01:11
versus on taxable what’s marital versus
01:13
non marital we’ve got systems and a
01:16
three step approach so that we can go
01:18
sort through all that take away that
01:21
ambiguity take away that confusion and
01:23
be able to clearly address that so that
01:26
in the end the client gets what’s fair
01:28
which is making sure that they’re not
01:30
taken advantage of but they’re also not
01:33
settling for less than they deserve

More Videos From This Lawyer