What You Need to Know About a High Net Worth Divorce
Going through a divorce can be mentally and emotionally stressful. If you are a high profile or high net worth individual, the process can be even more strenuous and drawn out. Brian Flakne at Flakne Law in Minneapolis, MN, understands that these types of divorces require a significant level of legal knowledge and training in order to arrive at a satisfactory outcome. We will work skillfully to protect your lifestyle, while maintaining your privacy and discretion throughout the legal process. Find out how our attorneys can help you navigate your divorce by calling (952) 888-9304 or use our online form to schedule a consultation.
Maintaining Your Lifestyle
Mr. Flakne typically represents high income individuals such as business owners, physicians, and executives, and so they understand how important it is to protect valuable and costly assets. Our attorneys are especially skilled at dividing small businesses in a manner that is beneficial for our clients. Flakne Law has a wide network of experts such as forensic accountants, appraisers, and business valuation experts whose knowledge can help prove ownership of assets. Alongside our attorneys, these professionals can evaluate your situation and help ensure that you maintain the position you hold in your business, along with your pension and compensation packages.
Our priority is to ensure your lifestyle, financial goals, and future earning power are not affected so you can continue to flourish after your divorce.
You likely have other assets to consider as well, including real estate, stocks, and bonds. Your attorney will consider any assets you had prior to your marriage as well as those acquired after and determine the best means of distributing them equitably. Our priority is to ensure your lifestyle, financial goals, and future earning power are not affected so you can continue to flourish after your divorce.
Spousal Maintenance Considerations
Often referred to as alimony, Minnesota defines this arrangement as spousal support or spousal maintenance. This simply means that the lower earner of the marriage must maintain a lifestyle similar to that provided during the marriage. The amount of spousal support is based on factors such as:
- Length of marriage
- Standard of living during the marriage
- Income of each spouse
- Age of both parties
- Employability of the spouse requesting support
Our attorneys can propose an agreement that satisfies both parties without needing to take the matter to court.
Individualized Attention for High-Income Clients
Flakne Law is a smaller than average law firm, which enables our attorneys to provide each client with individualized attention. Many high-income clients feel the need to go downtown to seek counsel from large firms, but oftentimes those individuals will end up working with paralegals and other staff. Mr. Flakne is always available, so you can speak directly with your attorney anytime a question or concern arises. If you are facing a divorce, contact us online or call (952) 888-9304 to make sure you leave your marriage with the assets you deserve to keep.
"Brian Flakne handled my civil litigation in Hennepin County. Brian's courtroom skills are outstanding. I appreciated the time he took to explain all the relevant aspects of the law so that I would not be surprised by the arguments opposing counsel used at trial. By the time we started trial, I was confident that we had a terrific game plan and that we would win. He found a way for me to stand up to a bully and prevail."Victoria R.