High Net Worth Divorce Attorney in Minneapolis, Minnesota
What problems are faced by clients in high net-value divorce cases?
What problems are faced by clients in high net-value divorce cases?
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[Music]
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in all divorces there’s anxiety and
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stress but when there’s more assets in
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equity there’s even more anxiety and
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stress and it’s not just because there’s
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more to divide it’s because of the
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confusion a lot of times in high net
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value divorces you’ve got things that
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are more complex you have small
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businesses or closely held businesses
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where there’s a question of how much
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equity is marital that belongs to
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partners or the one of the family
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members you’ve got real estate that is
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also a lot of times commingled or
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sometimes somewhat corporately held or
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held by an LLC you have retirement
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assets that are a whole lot more
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complicated and inevitably there’s also
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incomes where there’s layers you know
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there’s just not only salary but you got
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bonuses and commissions and maybe stock
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options that are vested or unvested
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along with other benefits all these
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things make for a greater deal of
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complication which makes for greater
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stress and anxiety we have to go through
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all that sorted out in regards to what
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are the true values there what’s taxable
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versus on taxable what’s marital versus
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non marital we’ve got systems and a
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three step approach so that we can go
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sort through all that take away that
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ambiguity take away that confusion and
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be able to clearly address that so that
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in the end the client gets what’s fair
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which is making sure that they’re not
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taken advantage of but they’re also not
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settling for less than they deserve
Minneapolis, MN family law attorney Matthew Ludt explains the unique challenges in high net-value divorce cases?
