What You Need to Know About High-Asset Divorce in Wisconsin

 Posted on March 25, 2024 in Divorce

A high-asset divorce in Wisconsin is characterized by the presence of substantial wealth and complex financial holdings that require careful evaluation and division during divorce proceedings. When the marital estate includes valuable assets such as multiple properties, business interests, investment portfolios, and significant income streams, the divorce is considered high-asset. The stakes are higher in such cases, and the legal proceedings can be more complicated. If you are preparing for a high-asset divorce in Wisconsin, contact an experienced attorney for assistance. 

At Bucher, Wolff & Sonderhouse, LLP, our attorneys have a robust understanding of Wisconsin family law. Attorney Wolff and Attorney Sonderhouse have both lived and worked in the state for decades and, as a result, know the court systems, judges, procedures, and even opposing divorce attorneys in the area. This type of knowledge can be instrumental in ensuring clients have the best chance possible at obtaining a favorable case outcome. 

Identifying High-Value Assets in a Divorce

High-asset divorces in Wisconsin often involve a wide range of assets of considerable value, such as real estate, retirement accounts, stock options, intellectual property rights, and business ownership interests. Determining the value of these assets and their classification as marital or separate property is crucial for achieving a fair settlement.

High-Asset Divorces May Feature Certain Valuation Challenges

Valuing complex assets in a high-net-worth divorce can be challenging due to the complicated nature of businesses, investments, and other financial holdings. Appraisers, forensic accountants, and financial professionals may need to be enlisted to provide accurate valuations as well as ensure transparency during the division of assets process. 

Divorces in Wisconsin That Are High-Asset May Feature Important Tax Implications

High-asset divorces in Wisconsin can have significant tax implications that must be carefully considered during asset distribution. Understanding the tax consequences of different asset division scenarios can help minimize tax liabilities and optimize the financial outcomes for both parties. 

Protecting Privacy and Confidentiality in High-Asset Divorces 

High-profile individuals or couples with substantial wealth may be concerned about protecting their privacy during divorce proceedings. Discuss with your attorney the different ways you can safeguard your privacy as you navigate the divorce process.

Contact Our New Berlin, Wisconsin High-Asset Divorce Attorney

High-asset divorces demand a comprehensive understanding of Wisconsin state laws, financial complexities, and strategic negotiation skills. By working with experienced divorce professionals equipped with the knowledge and resources necessary to protect your rights, you can confidently navigate the process of dividing your assets and move forward with your financial planning as an unmarried individual. Contact the experienced Menomonee Falls, WI high-asset divorce lawyers with Bucher, Wolff & Sonderhouse, LLP for this type of legal guidance. Call 262-232-6699 for a free consultation.