Potomac, MD High Asset Divorce Lawyer

Skilled Attorneys for High Net Worth Divorces in Potomac, Maryland

Over the course of your marriage, you and your spouse may have accumulated a large sum of wealth. As you might expect, this can complicate your divorce. If you are concerned about safeguarding your assets, our Potomac, MD high asset divorce attorneys at Salvado Law Offices can fight to protect you through skilled negotiation.

Our lawyers have years of experience representing clients in complex divorce cases, and many of our past clients have come forward vouching for our excellent legal services. Throughout your case, we will inform you of your options as we pursue the most efficient resolution on your behalf.

Alimony Concerns in High Net Worth Divorces

In Maryland, one spouse may agree to pay alimony to the other in a settlement, or one spouse may petition the court for alimony through a court order. Alimony is sometimes a consideration in high asset divorces when one spouse earns significantly more than the other.

The judge may consider awarding the lower-earning spouse with alimony based on a number of different factors, such as the standard of living established during the marriage, the financial resources of each spouse, and the ability of the spouse seeking alimony to become independent. Keep in mind that the judge may also consider the reason behind the divorce, which could negatively affect your petition for spousal support.

Whether you are seeking alimony or you are being asked to pay alimony, our attorneys will argue for your rights and work toward a favorable outcome.

Complex Property Division in Maryland

During your divorce, you may have to divide up large or highly valuable assets, possibly including:

• Investments
• Real estate properties
• Vehicles
• Jewelry
• Stocks
• Businesses
• Bonds
• Retirement accounts

In some cases, a forensic accountant may be brought in to obtain an accurate valuation of the worth of your marital estate. If you and your spouse cannot agree on how to allocate your marital property, you could consider proceeding to litigation, where a judge will divide your assets and debts in a fair manner. However, the legal fees from each courtroom hearing can put a significant strain on your bank account.

At Salvado Law Offices, we will take the time to make sure you understand how much your property is worth so that you can negotiate with your spouse more effectively. If you and your spouse are willing to work together, you can reach an agreeable property settlement outside of court.

Dissipation of Assets in Maryland Divorces

In a high asset divorce, you should exercise caution to make sure that all of your assets are accounted for. If you believe that your spouse is concealing or wasting assets, you could get compensated through a dissipation claim.

To prove that your spouse has committed dissipation, you will have to provide evidence that your spouse intentionally wasted marital assets for selfish benefit during the irreconcilable breakdown of the marriage. You could provide bank statements, receipts, or credit card records to show that your spouse misappropriated your marital funds.

If the judge agrees that you were the victim of dissipation, you could be awarded a greater share of marital property in court. At Salvado Law Offices, we can help you document instances of dissipation and argue for fair compensation for your losses.

At Salvado Law Offices, we are here to uphold your parental rights while advocating for a healthy solution for your child's upbringing.