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High-Asset Divorce Lawyer Modesto, CA

High-Asset Divorce Lawyer Modesto, CA

If you have a high-net worth and are getting a divorce, you should speak to a high-asset divorce lawyer in Modesto, CA soon. A high-asset divorce is even more complicated than a traditional divorce. A qualified lawyer can guide you through the process and prevent you from making costly mistakes. 

Common Myths About High-Asset Divorces

A high-asset divorce can be quite different from a regular divorce. Here are some common myths about high-asset divorces that you should not believe.

  • If your spouse isn’t aware of certain assets, he or she can’t get them. If you and your spouse are high-net individuals, you likely own many assets. You may even have assets that your spouse does not know about. If this is the case, you definitely do not want to hide them during divorce proceedings. If the judge discovers that you’re attempting to hide assets, you could face serious legal repercussions. 
  • Marital property has to be divided evenly. In a high-asset divorce, assets acquired during marriage will be split between spouses. However, they will be divided equitably, not necessarily equally. The judge will look at various factors when deciding how to divide assets.
  • You do not have to pay your spouse’s credit card debt. If your spouse racked up credit card debt during your marriage, you might not think that you are responsible for it if you divorce. However, even if you did not know about the credit card debt, the judge may still order you to pay a portion of it.
  • Women do not ever have to pay alimony in a high-asset divorce. Judges do not use gender as a factor in deciding who pays alimony in a high-asset divorce. As a high-asset divorce lawyer in Modesto, CA can confirm, the spouse who was the main breadwinner during the marriage may likely be required to pay alimony.

Consulting a Lawyer

If you and your spouse have considerable assets and plan to get divorced, a skilled high-asset divorce lawyer. He or she can hire outside experts, like forensic accountants, financial planners and real estate appraisers to determine an accurate value of your assets. With a qualified lawyer on your side, you have a higher chance of obtaining a fair settlement in your divorce.

Schedule a consultation with a high-asset divorce lawyer in Modest, CA today to discuss your case in detail.

Castro Valley

19244 Redwood Rd
Suite B
Castro Valley, CA 94546

San Francisco

1 Sansome Street
Suite 3500
San Francisco, CA 94104

Modesto

1301 G Street
Suite A
Modesto, CA 95354