Fremont High Asset Divorce Lawyer
High Asset Divorce Attorney In Fremont
Deciding to get a divorce might be one of the most difficult decisions someone can make. Additionally, the divorce process in California can be complicated and difficult to navigate without experienced legal help, especially if you have an extensive amount of assets you wish to protect. If you work with a Fremont high asset divorce lawyer, they can help you manage these overwhelming circumstances and effectively safeguard your assets while keeping the process as smooth and conflict-free as possible.
An experienced divorce lawyer from the Tierney Law Group has the skills needed to help you move through divorce with confidence. Our legal team appreciates all that is at stake in a high asset divorce and is committed to helping clients maintain a lifestyle they have dedicated their lives to building.
How We Can Help
While most people believe California has a high divorce rate, it is actually among the ten states with the lowest number of divorces, at 5.88 per 1,000 people. Many Fremont residents are highly educated with high-paying jobs, which means that when divorces do occur, they could be considered high asset divorces.
At Tierney Law Group, our team has decades of experience helping people navigate their divorces. We have seen a wide range of high asset divorce cases and have the legal knowledge to help you maneuver through this difficult time. We can provide you not only with well-educated legal advice and fierce representation, but also a compassionate, listening ear.
What Is a High Asset Divorce?
A high asset divorce is not a typical divorce. Generally, when a marriage has a combined worth of over $1 million, the divorce will be considered a high asset divorce. In order to finalize a high asset divorce, the assets must be evaluated. Marital property to be evaluated could be:
- Businesses or partnerships
- Investments
- Club memberships
- Bitcoin or other cryptocurrency
- Digital assets
- Real estate
- International investments
- Luxury property, such as fine art, classic cars, yachts, or jewelry
- Royalties from patents, trademarks, and copyrights
The state of California requires that each party reveal their assets accurately, but sometimes there are hidden assets. A high asset divorce lawyer has connections with experts if we need help finding things such as offshore accounts and undisclosed real estate investments.
A high asset divorce isn’t just about splitting property, though. Courts may also consider the standard of living that was established during the marriage when determining spousal and child support.
Important Considerations During a High Asset Divorce
To help make informed decisions and to better protect your assets, it’s important to consider the following:
- Tax implications: Transferring assets in a divorce can have tax benefits unless they are transferred incorrectly, which can cause financial burdens.
- Child support: In a high asset divorce, the court doesn’t just use the regular formula for calculating child support. It will consider factors that help keep the child’s standard of living similar to what they are used to, including costs such as private school.
A Fremont family lawyer who is highly experienced with high asset divorces will understand how these considerations can affect your outcome and can help guide you to ideal resolutions.
Hire a High Asset Divorce Lawyer
An experienced high asset divorce lawyer understands the importance of asset protection and avoiding significant losses. They have the skills and knowledge necessary to help you achieve the type of outcome you are looking for. They could help you:
- Navigate the complex legal system
- Negotiate financial disputes on your behalf
- Provide compassionate emotional support
- Work out fair child custody arrangements
- Negotiate spousal and child support
- Analyze tax implications
- Strategize with you about your financial future
- Represent you in court at the Fremont Hall of Justice on Paseo Padre Parkway, or elsewhere in the area
Obtaining what is fair and keeping what you deserve is your attorney’s goal. If you hire a Fremont high asset divorce attorney who is knowledgeable in high asset divorces, they will have a keen understanding of the intricacies of these types of high-stakes divorces.
FAQs
Q: What Is the Average Cost for a Divorce in California?
A: The cost to file for a divorce in California is $435 to $450. The cost of hiring a divorce lawyer can vary depending on the level of conflict, how complex your finances are, and if there are minor children involved with disagreements about custody. People usually hire a divorce attorney to help protect their assets, so while the cost can vary and might be significant, it could save you money in the long run.
Q: Does the Wife Always Get Half in a Divorce in California?
A: California is a community property state, which means that property acquired during the marriage is considered jointly owned. Property includes debt, income, and real estate. It doesn’t apply to property acquired before marriage or after separation. Community property can be altered if there is a prenuptial or postnuptial agreement stating otherwise. It can be difficult to split some assets 50/50, so hiring a skilled divorce lawyer can help protect your interests.
Q: What if in a Divorce, One Person Can’t Afford an Attorney in CA?
A: California offers options for those who cannot afford an attorney. The idea is that both parties ought to have access to legal representation while navigating the divorce. If you cannot afford a divorce, but your spouse has the resources to help, then they might be required to pay your attorney’s fees. In order to receive this, you need to make a request to the court, and if it is awarded, you could receive a reasonable amount.
Contact Tierney Law Group Today
With over twenty years of experience, our law group is knowledgeable, experienced, and passionate about helping our clients achieve a successful outcome. Because we have such a wide array of experiences helping others through their divorces, we’ll be able to tailor our approach to your specific and unique needs.
To find out how we can help, contact us to schedule a consultation today.
Fremont, CA Divorce Law Resources
Tips for Divorce Deposition in California
Changing the Terms of Your California Divorce Decree
How Does Adultery Affect Divorce in California?
How Long Does a Divorce Take in California?
When Can You Use CA Divorce Mediation?
How to Get a Restraining Order from Your Spouse During a Divorce
The Role Domestic Violence Plays During a Divorce
About Fremont, CA
Fremont, CA, a thriving city in Alameda County with approximately 230,504 residents (2022 estimate), is a tech hub known for Mission San Jose and Niles District. Divorce cases, processed at the Alameda County Superior Court’s Fremont Hall of Justice, contributed to over 5,000 family law filings countywide in 2022-23, per the California Courts’ Annual Report.
The Family Law Facilitator provides free guidance on divorce filings, property division, and spousal support, while mediation services aid amicable resolutions. The court’s Self-Help Center offers workshops and online forms. Community resources like Legal Aid Alameda assist low-income residents. Claims against the city must be filed within six months. Consider exploring local support groups for emotional guidance during divorce.
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