In Minnesota, high-net-worth divorce moves beyond simple asset division. High-net-worth divorce matters often involve complex financial calculation and tracing, as well as strong understanding of the legal standards governing financial division in Minnesota divorces. Attorney John E. Roach has handled numerous divorce matters involving substantial high-net-worth estates, and he can confidently assist you in navigating the peril of divorce and protecting your assets, investments, and legacy.
1. Investment Protection
Often, high-asset divorces involve substantial investment assets. Division of these investment assets often requires careful calculation as well as prudent handling of involved tax issues. While it is often wise to involve a CPA or tax professional, it is important to retain an attorney who can team-up with such professionals to ensure that you maximize your share of investment assets.
Ensure Continued Growth
While divorce can be a painful financial, as well as emotional, process, Roach Law PLLC helps you implement the best strategy to avoid unnecessary financial burden.
Protect Valuable Investments
Roach Law PLLC can help you avoid common pitfalls and maximize the investment assets you are awarded during your divorce.
2. Non-Marital Tracing & The Schmitz Formula
If you brought assets into the marriage, you are entitled to keep that non-marital portion plus its proportional growth. Minnesota uses the "Schmitz" formula (named after a Minnesota court case) to determine the value of a non-marital interest at the time of divorce. Accurate calculation of non-marital interests is often crucial to high-asset divorces, where one or both spouses received gifts, inheritance, or entered the marriage with substantial assets. Protecting these assets is critical and it crucial for parties to a high-net worth divorce to retain an attorney that is experienced in handing non-marital assets and claims.
Schmitz Formula Calculator
Estimate your non-marital equity interest in Minnesota property.
Disclaimer: This calculator is provided for informational and educational purposes only. This calculator is not a substitute for legal advice and does not reflect Roach Law PLLC's opinion or advice. To obtain a precise legal analysis of your specific assets, please consult with a qualified high-asset divorce attorney.
3. Business Valuation and Protection
High-net-worth divorces often involve valuable business interests. Ensuring that you obtain a fair allocation of your business interests requires close attention to the details of the business in calculating its value. Roach Law helps you navigate the complexities of Minnesota’s "equitable distribution" laws by utilizing forensic accounting and expert valuation to clearly define a business's value and the interest each party has in it.
Whether you are a business owner seeking to maintain operational control or a spouse ensuring you receive your fair share of business growth, we provide the strategic advocacy and meticulous financial tracing necessary to secure your professional legacy.
Protect Your Legacy
Our firm specializes in the financial complexities of high-net-worth dissolution.
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