Murrieta Family Law Firm Temecula Divorce Attorney
Experience, Expertise, Excellence

High Asset Divorce Lawyer in Murrieta

Contact Us Today for Expert Legal Guidance – (951) 779-1610

Company executive, business owners, and other high-profile individuals can face significant and unique challenges when goingthrough a divorce, especially pertaining to matters of property division. At Singleton Smith Law Offices, our Murrieta attorneys have personally handled numerous high asset divorce cases and found success after success for our clients who had been fearful of losing prized possessions and assets. If you have found yourself in such a predicament, unsure of where to turn for reliable legal counsel, do not hesitate to contact us today.

Why Choose Us for Your High Asset Divorce Needs:

Your wealth and your legacy are nothing that should be gambled during a high asset divorce. Move forward with confidence and our Murrieta lawyers by your side. Call (951) 779-1610 at your first opportunity to begin.

Understanding Business Division & Valuation in Divorce

Many high asset divorce cases involve a married couple that managed a business together but there was never a clear indicator of who actually held ownership. This can complicate matters considerably as the divorcing spouses need to decide what to do with the business.

Three Common Approaches to Handle Business Ownership in Divorce:

  1. Joint Partnership: In an uncontested divorce that did not dig up any malicious feelings, it might be possible for both spouses to create or maintain a joint partnership over the business. This option will require significant cooperation and forethought, and might not be the best option for most divorcing couples.
  2. Buy-Out: The spouse that feels most connected to the business may attempt to officially buy-out any ownership belonging to the other spouse. In an unofficial scenario, a spouse that wants to gain sole control of their business could exchange other assets, such as conceding any claim to the marital home.
  3. Total Sale: Married couples that cannot come to a decision on who has the right to vie for ownership of the business may choose to sell it to a third-party, or liquidate it. The profits of such processes are then split accordingly, likely 50-50, between the couples.

Before any of the aforementioned steps can be carried out, though, the value of the business must be completely understood and accurately calculated. Otherwise, there is no way to compare its worth to that of other assets in the high net worth divorce. There are many companies that offer business appraisal services. Our Murrieta attorneys can help you find one to evaluate your business.

Comprehensive Inventory & Asset Review for High Asset Divorces

High asset divorces that do not involve the division of a business will still require the careful examination and cataloguing of high value items, such as real property, heirlooms, retirement accounts, and so on. In order to protect what is yours – separate property – and gain your fair share of community property, you must be thorough in keeping track of your property. Financial records, account transactions, wills that established inheritances, and more are all crucial to showing the court clearly what should belong to you by the time your divorce is finalized. When you retain our family law services, let us know what you consider to be your top priority items and we can begin our work there.

Partner with a Winning Team for Your Divorce

Singleton Smith Law Offices and our Murrieta attorneys are no strangers to high asset divorces and all the complications that can surround them. You can request a no-cost, no-obligation consultation with our team to begin hassle-free.

Further reading: How Long Does It Take for My Divorce to Finalize in California?

When you are most concerned about what will happen to your hard-earned assets, carefully-constructed business, and beloved inheritances, contact our law firm for assistance.

Testimonials

What Our Past Clients Are Saying
  • “Thank You So Much For Your Help!”

    Richard T. Menifee
  • “She is professional and considerate with a propensity to address not only the legal aspects of your case but the personal and emotional aspects as well.”

    Ken
  • “"Removed the Noise, Simplified the Process"”

    Lisa EASTVALE, CA
  • “Love the staff here at Singleton Smith Law Office!”

    Ashley K. Lake Elsinore
  • “She made me feel at ease knowing it would be handled correctly”

    Amber R.
  • “Responsive, prompt, and actually follows through”

    Former Client
  • “Absolutely everyone at Singleton Smith is incredible!!”

    Kristen M.
  • “Exceptional Service!”

    Christopher H.
  • “Very helpful”

    Former Client
  • “A Rare find, an attorney with integrity and high moral standards”

    Former Client
  • “Extremely honest, informative and detailed with all the prep involved.”

    Lisa C.
  • “They are professional and well organized.”

    Ashley K.
  • “I feel like they are a part of my life after all the time we have spent together.”

    Elysia C.
  • “Outstanding service”

    Paul O. Azusa, CA
  • “Best legal team in all of the IE!!”

    Emmily B.