High-Asset Divorce
No one enters into a marriage planning to get divorced. If the unexpected has happened and a divorce seems unavoidable, you may feel like you are on an emotional roller coaster. The divorce proceedings can become even more complicated when substantial assets or debts are involved. When the stakes are high, consult a skilled complex asset-division attorney to protect your best interests.
For 30 years, we have delivered grounded and experienced legal counsel to guide clients through a time of uncertainty. Attorney Frank Flanagan has the knowledge and experience to help you value all your marital assets, including trust incomes and business interests. Helping clients protect their rights to ownership interests and shares in small businesses, family owned businesses and professional practices throughout Rhode Island is what we do. When battling for your rights in the Rhode Island Family Courts you need a fighter in your corner who knows the ropes and knows what facts and evidence will advance your Rhode Island divorce.
We have the skills and legal resources to account for any hidden assets and determine the true value of your marital estate. Contact us today to schedule a free initial consultation with our highly skilled high-asset divorce attorney in Newport, Rhode Island.
Pursuing an Equitable Distribution of Community Property in High-Asset Divorces
Rhode Island is an equitable distribution state. This means that any property you owned before getting married will remain with you after the divorce is finalized. Property you and your spouse purchased together will be divided equitably.
This does not necessarily mean a 50/50 split. For example, if your spouse keeps the family home, we will negotiate for you to keep property equal to the value of the home. At The Flanagan Law Offices, LLC, we have the skills and legal resources to determine the true value of your marital estate to help ensure you maintain a fair share of the assets. We will consult forensic accountants and other financial experts to determine which assets are part of your marital estate, such as:
- Real estate investments
- Family businesses
- Primary residence or vacation home
- Antiques or collectible cars
- Stocks, 401(k) plans, pensions, IRAs and other investments
High net worth divorces can be particularly complicated based on how assets and debts were handled during the marriage. We have experience consulting forensic experts to trace how separate and joint finances were managed. For example, if your spouse’s inheritance was commingled with your joint finances, this money would be considered part of your marital estate. We work with industry-leading experts to trace any hidden assets and determine the value of your community property. Attorney Flanagan has the skills and legal resources to help ensure you maintain an equitable distribution of the marital estate.
Handling Business Valuations in Rhode Island
Property division is rarely a simple process in high-asset divorces. If you or your spouse have a family business, obtain experienced legal help. Attorney Flanagan has a strong background handling business valuations in Rhode Island. Our firm has access to forensic accountants who can trace how business assets were handled. If your spouse commingled the business profits with your joint finances, we will negotiate for you to maintain an equitable share of that money. We will also negotiate for you to maintain any assets you acquired before getting married or handled separately from your community property.
We have the skills and legal resources to help ensure you maintain an equitable share of the marital estate. Call (401) 849-3337 or simply contact us below to schedule your free initial consultation with an experienced Rhode Island high-asset divorce lawyer.