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High-asset Arizona couples face unique divorce issues

While every divorce in Arizona is unique, a high-asset couple may face challenges in the divorce process that those of lesser means may not. High-asset couples may be business owners, earn significant incomes, hold valuable stocks, own more than one home, have received a substantial inheritance or own valuable assets, such as luxury motor vehicles, works of art or valuable collections. They may also have a prenuptial agreement in place. This may make the property division process more complex.

For example, property division in these circumstances may require the assistance of other professionals. For example, a forensic accountant may be needed, as may someone qualified to appraise the couple's business or experts at valuing the couple's property. All of this ensures that the proper worth of the property is ascertained so that the results of the property division process is fair and appropriate.

Another issue high-asset couples seeking a divorce may face is that of child support. The state's guidelines for determining how much child support to award can actually be unfair for high-asset couples. For example, there may need to be a deviation from the standard guidelines so that the child, to the greatest extent possible, can enjoy the same standard of living he or she had when his or her parents were married.

The legal team at the law office of Wilson-Goodman Law Group, PLLC, understand the complexities a high-asset divorce presents. We aim to protect our clients' interests, both personally and financially. We understand that while some litigation may be necessary in a high-asset divorce, it is possible for some divorce issues to be settled out of court. To learn more about high-asset divorces in Arizona, you may want to review our firm's high-asset divorce webpage.

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