Panama City Beach High Net-Worth Divorce
Reliable Legal Guidance for Complex Divorce Cases
There may be no such thing as an easy divorce, but having a high net-worth can really bring the complexity to a whole new level. When you and your spouse share high-value assets, investment funds, properties, and other possessions in common, you may be looking at a “high net-worth divorce.” Luckily, our strategic Panama City Beach divorce attorneys are here to help you untangle these assets and to do so with care and precision.
Although high net-worth divorces may bring up sensitive issues for both spouses, our skilled legal team will be able to smoothly navigate through these issues on your behalf, and ensure that you can obtain a fair divorce settlement. When you need help protecting your assets and your future, turn to The Virga Law Firm P.A. for reliable and dedicated legal counsel.
To speak with one of our high net-worth divorce lawyers in Florida, just call (800) 822-5170 and schedule your consultation.
Powerful Asset Protection Strategies
Our Florida divorce lawyers understand that you simply can’t take a “one-size-fits-all” approach in a high asset divorce. In 80 years of combined experience, we’ve learned that every one of these divorce cases can involve vastly different streams of revenue and property, and require a highly personalized legal approach to match this level of variety.
Some of the assets you may need to protect in a high net-worth case include:
- Residential and commercial real estate
- Marital home
- Real estate investments
- Companies and non-profit organizations
- Investments, such as stocks and bonds
- Trust funds
- Luxury vehicles, such as boats
- High-value sporting equipment
- Retirement plans and pension accounts
- Domestic bank accounts
- Vacation homes and condominiums
- Foreign accounts
When determining how to distribute these assets, along with many other possible types of properties, we’ll take a deep dive into both spouse’s financial portfolios and earning potential. With a network of forensic accountants and independent evaluators, we’ll quickly locate any hidden assets and help you figure out how to protect, manage, distribute, and/or liquidate them during the divorce proceedings.
What Does Equitable Distribution Mean for Me?
Because Florida adheres to the principle of equitable distribution, the divorce court will consider all property accumulated during your marriage to be the shared property of both spouses. Although inherited properties are usually exempt from this categorization, you may find that even businesses and funds you owned before the marriage are considered “shared” by the court.
The judge will also attempt to distribute these resources as fairly as possible – or based on the needs and lifestyle of each spouse – rather than equally between the two parties. That means you’ll need sophisticated legal strategies in order to protect your most valuable and important assets.
If you’re dealing with a high net-worth divorce, you need to speak with a qualified family law attorney right away! Call The Virga Law Firm, P.A. at (800) 822-5170 for 24/7 availability and extensive legal experience.