Wealthy New York business owners who are married are not guaranteed relationship success. Many experience serious marital problems similar to couples with average incomes. From infidelity and financial deception to situations where spouses have simply drifted apart, no amount of wealth can protect a marriage against discord. In cases where high-net-worth assets exist, it is critical to know where to seek support when divorce is on the horizon.
Experienced counsel is often the key to achieving a fair settlement. Especially if you suspect that your spouse is trying to hide assets to keep them from being subject to property division, enlisting support from someone well-versed in state laws can help you protect what’s yours. Ending a marriage is a lot like dissolving a business partnership. Asset protection is a top priority.
Property division, child custody, and other divorce issues
If you have assets worth millions of dollars, your divorce may be more complex than someone who is earning minimum wage. Issues such as child support or spousal support may be a central focus, especially if you’re not sharing custody or your spouse has been out of the workforce for many years. Current income, potential earnings, level of education, children’s needs and other factors will be considered when the court makes its decisions.
Cox Padmore Skolnik & Shakarchy LLP, in New York, provides experienced guidance and support in all aspects of divorce, but especially those in high-net-worth cases who are struggling to resolve complex issues. You can schedule a consultation to discuss a basic overview of your case. It is always best to have a clear idea of what to expect in court and to have someone on your side who can aggressively litigate to protect your interests, as needed.