La Vergne High Asset Divorce Lawyer
High Asset Divorce Attorney In La Vergne, TN
Facing a divorce can affect nearly every aspect of your life—especially when significant assets are at stake. A La Vergne high asset divorce lawyer can help protect your financial interests and ensure each asset is properly valued and divided under Tennessee law.
Hire a High Asset Divorce Lawyer
Going through a contentious divorce can be more difficult when there are significant assets to consider. At Evans Bulloch Parker PLLC, our family law attorneys know the importance of accurate valuation and financial analysis of all marital assets. Since 1975, we have helped residents of Middle Tennessee who are going through a divorce. Our team is excellent negotiators and litigators to ensure you get your fair share.
According to data from the Pew Research Center, divorced adults in 2023 had a median household income of $84,900, compared with $118,600 for those in a first marriage. Their median wealth was $98,700 versus $326,900 for first-married adults. These figures underscore the importance of experienced legal representation when dividing valuable property.
Without proper guidance, even high-earning individuals can face significant financial setbacks following their divorce. An attorney who understands the complexities of asset valuation, business ownership, and equitable distribution can help protect your wealth and ensure that all property division reflects both fairness and your long-term financial security.
Challenges of a High Asset Divorce
When facing a high asset divorce, you should rely on the experience of a knowledgeable high asset divorce attorney with experience in high asset divorce cases. There are several considerations during a high-asset divorce that would not be present for most other couples. If you have substantial wealth, own your own business, have a trust, or have other complex financial considerations, you need a knowledgeable and skilled attorney with experience handling high-asset cases in La Vergne.
As an equitable distribution state, Tennessee divides marital assets equally between each spouse based on the perceived worth of each asset. To ensure that high-value assets are distributed properly, valuation procedures, strategic planning, and vast knowledge of Tennessee divorce laws are required. Proper considerations need to be made for:
- Businesses. Businesses you own or partially own do not have a set value. A proper valuation is required to determine the current and future value of the business.
- Trusts. Trusts may be considered marital property depending on specific factors of the trust, such as when it was established, who established it, and who the beneficiaries are listed as.
- Alimony. Alimony considerations can be impacted by how assets are distributed between spouses. Receiving a high net value of assets may negate the need for ongoing spousal support.
- Prenuptial agreements. A well-crafted prenuptial agreement can offer the courts guidance in asset distribution, but it may also allow for challenges under specific circumstances.
Contact Evans Bulloch Parker PLLC
When you are looking for the right family law attorney, you want to hire a high asset divorce lawyer with extensive experience handling high-asset divorces. A skilled attorney can use innovative approaches to uncover hidden assets. Contact Evans Bulloch Parker PLLC today to schedule your initial consultation.