High Net Worth Divorce in New York
Divorce litigators may want you to believe that your complex or high value estate
divorce can
only be fairly resolved by courtroom litigation. This is false.
In fact, spouses with high net worth have a great deal to gain via mediation,
as well as much to lose should they choose to litigate. Horror stories
about divorcing spouses embroiled in lengthy legal battles only to relinquish
much of their assets to attorneys' fees and costs are common for this
reason. Usually they are so embroiled by the time they realize it, that
it is hard to stop. I worked with one couple who, after spending $1,000,000.00
and two years in court, came to me at the recommendation of their therapist.
I was able to finish their case in a few weeks for less than $8,000.00
The dirty secret of divorce litigation is there is nothing “litigation”
can help you achieve that can’t be achieved with
mediation. “Divorce litigation in court” often entails two seasoned
trial lawyers, just before trial, who launch into negotiations to avoid
that trial. This is, of course, if you both are lucky enough to have chosen
two like-minded attorneys. But why spend exorbitant amounts of money hiring
two attorneys, posturing, and battling in court before coming to the “settlement
table?”
Individuals going through divorce who have a high profile and/or net worth
often present unique sets of challenges. Look at how Tom Cruise and Katie
Holmes avoided years of politicized litigation. Some of the issues which
may arise in these high net worth cases include the disposition and distribution of:
- Business assets
- Professional licenses or degrees (which offer increased earning potential)
- Stock options, IRAs, 401(k) accounts and pensions
- Trusts
- Real estate
- Family businesses
- Professional practices
- Closely held businesses
- Inherited wealth
- Separate property
- Celebrity value
When you work with Lois M. Brenner, Esq. you will not only benefit from
her background in corporate law at Sullivan & Cromwell and her comprehensive
understanding of hose complex financial issues, but our proven results
in high stakes matters. Working with our skilled divorce team puts you
in the driver’s seat – not in the courts.
Lois Brenner is referred to as the “Lawyer's Lawyer” and
is recognized for handling sophisticated and complex cases discretely
and creatively, including those involving high net worth individuals,
business owners and executives, lawyers, doctors, celebrities, and public figures.
Call to schedule your consultation today – (646) 663-4546.