Divorces cases involving high net worth families are typically much more complicated than the average divorce. The division of high-value assets, debts, businesses and retirement plans requires careful examination and personalized guidance.
At Purcell, Krug & Haller, our firm has represented clients throughout Pennsylvania for over 60 years from our offices in Harrisburg and Hershey. Our divorce attorneys work to help our high-asset clients resolve disputes through alternative means of dispute resolution such as mediation and negotiation, but should the need for court litigation arise, your case will always be prepared for success.
As necessary, we employ the services of forensic accountants and tax experts to uncover hidden assets and debts; establish fair value of business, partnership and corporate assets; and identify breach of fiduciary duty or marital fraud.
Determining Factors In High-Asset, High-Income Divorce Cases
Pennsylvania family law court will rule based on the equitable distribution of assets and liabilities that were acquired or built upon during the marriage — also known as marital property. Equitable distribution does not equate to an equal 50-50 split in most cases. Agreements should take several factors into account, including:
- Prenuptial or postnuptial agreements
- Economic circumstances of each party, including income and property brought to the marriage
- Each party's reasonable capacity for income growth
- Education level of each party
- Contributions to the marriage by each party
- Contributions to marital property by each party
- Child custody, alimony and spousal support agreements
- Tax implications of distribution
If your case does go to trial, the court will reach its final decree based on these factors and others. It behooves you to structure any mediated or negotiated property division agreements according to these factors.
Initial Consultations Are Complimentary At Purcell, Krug & Haller
Please email or call us to schedule a meeting with a lawyer. All conversations are confidential, and we are prepared to work aggressively for your best possible outcome. Call today at 717-260-3485 or toll free at 866-586-6058.