Complex Asset Divorce
Assisting With Complex Asset Division in Minnesota
During a divorce, one of the most difficult parts of the process is trying to divide up the financial assets between the parties. These divisions can be extremely frustrating during a divorce in which there are complex types of assets. If you and your spouse have a stock portfolio or are in possession of a retirement plan or pension, you could be facing a long and complex divorce process.
Having an attorney who understands the complexities involved during a high net worth divorce is extremely important. In Minnesota, the law states that each party is entitled to a fair and equitable distribution of marital property and assets. Understanding what these assets are is a task that can take a strong familiarity with finances.
At Dwire Law Offices, P.A., in Lakeville, Minnesota, we have the knowledge to see you through this complex divorce process. We are dedicated to helping you preserve your share of these assets so you have a solid foundation going forward.
What Are Considered Complex Marital Assets in a Divorce?
Most marital assets are easily divided between the spouses. However, in more complex divorce cases, some of the financial assets require a deeper look by the court before property division can take place. These assets may include:
- Assets that were originally gifted or inherited but have since commingled with marital assets
- Complex asset issues that impact tax outcomes
- Pension and retirement accounts, including 401(k) plans
- Stock options
- Full or partial ownership in intellectual property
- Nonmarital claims
Depending on the complexity of your assets, we may work with professional evaluators or actuaries to determine the worth of your assets before their potential division. Our attorney can help you communicate with these experts to ensure they take into consideration all the factors that they should to get the most favorable outcome for you.
Free Consultations About Divorce With Complex Asset Issues
Without attorney representation, you could risk losing your interest in these types of assets. Contact lawyer Todd M. Dwire at 952-232-0179 or 866-442-9693 for more information on how he can help you preserve your right to your marital assets during a complex divorce case.