Michigan High Net Worth Divorce Attorney

Protecting Your Interests

In Michigan, the courts do their best to ensure that all financial resources are fairly and equitably divided. However, in wealthy divorces, this is easier said than done. If you are involved in a high net worth divorce, you can expect our seasoned lawyers at Reed, Centracchio & Associates to protect your best interests.

With over 55 years of combined legal experience and an absolute focus on divorce and family law, you can feel confident knowing that your case is in the hands of one of Michigan’s top family law teams. Whether your case involves the division of complex property, business valuation issues, complicated estate planning, or a high-conflict divorce, our high net worth divorce attorneys can get the job done. 

Contact us online or call (312) 500-8344 today to schedule a free initial consultation and discuss your needs with a lawyer.

What Is Considered a High Net Worth Divorce in Michigan?

A high net worth divorce typically refers to a divorce involving a wealthy person or couple that will result in marital assets worth over $1 million. However, in many cases, a high net worth divorce involves a preponderance of complex issues, beyond mere monetary value.

These issues may include property and assets with no small degree of sentimental or symbolic value and concerns about protecting the family name, as well as the total of family wealth. Below, get a better understanding of what is at stake in a Michigan high-net-worth divorce:

• Ownership of the family home: Luxury homes can be a highly contentious issue in an Michigan divorce. Not only does the house itself have significant financial value, but there is also the issue of sentimental value.
• Ownership of more than one property:In many high net worth divorces, the couple will own more than one property. These properties can be international as well.
• Ownership of businesses: The ownership of a small family business can be a juggling act when dealing with divorce, especially if the business is still in the middle of its foundation years. Divorcing wealthy clients can often involve international businesses. This can include companies not listed on Fortune 500 as well. When that's the case, you can't rely on cookie-cutter divorce help.
• Stock options and other investment questions: If you are going through a high net worth divorce, it's likely that you and your spouse have been doing a lot of investing over the years. In many cases, this will involve stock options. It's important to have a family law attorney with a background in business and finance.
• Protecting business interests: If you own a business, you will want to know that your ex-spouse does not have access to the business's future profits.
• Prenuptial agreements and postnuptial agreements:Many high net worth couples sign prenuptial or postnuptial agreements in order to be sure there is a clear understanding of how assets would be divided in the event of a divorce. If only it were as simple as signing a piece of paper.
• Offshore accounts and other hidden assets: While asset concealment is illegal, that does not stop people from intentionally hiding assets. This can include money in offshore accounts, artwork, and ownership of luxury vehicles or homes in another country.
• High-conflict divorce: There's nothing easy about any type of divorce. But high net worth divorces can involve even more conflict. Given the complexities involved, it's crucial to turn to problem-solving lawyers who excel at building creative solutions.

Legal Help for Michigan's Wealthy Individuals

We understand that much is at stake. Our firm combines assertive negotiation techniques and superb trial skills in an effort to make sure our clients come out of their cases with the best possible settlement agreement or judgment. Our individualized approach means that we will work tirelessly to move your case forward and achieve a successful resolution of all issues.

No detail goes unnoticed, and we are fully prepared to go to court to protect your interests.

Our Michigan High Net Worth Attorneys Can Help

Whether you are considering divorce, are already involved in the divorce process, or want to get out of an unsatisfactory settlement agreement or judgment, our top-rated services are a resource you can count on. Let us guide you throughout the entire process and help you achieve the best possible outcome, no matter how complex.

Our lawyers are well-versed in the law and will fiercely protect your interests.

Get in touch with an attorney at (312) 500-8344 today to discuss your high net worth divorce case.