What types of issues make high net worth divorces unique?

Every high net worth divorce is unique, depending upon the particular assets and liabilities involved in the family financial pie. Some are relatively simple; all assets being invested in very simple investments with very few debts. Others are quite to the contrary, involving complex assets, small businesses, and the like.

In the more complicated cases, it’s very important to hire an attorney who not only has excellent knowledge when it comes to being a good divorce lawyer, but they also need to have other ancillary skills, such as knowledge of accounting, potentially real estate, finance and investing, small business administration, valuation, taxes, bankruptcy, and the like. They may also need access to outside professionals to help understand and administer and prove up your case. Outside experts could, for example, include forensic accounting people. It could be business valuation experts and the like.

The best way to understand whether the attorney is proper for your particular high net worth case is to have a very in-depth and extensive initial consultation where you lay out the facts, the attorney asks all the hard questions, and then you have the attorney give you an analysis at to where they think you stand, and how they believe your case needs to be administered. There is no substitute for that thorough initial evaluation.