When spouses with a high net worth divorce, the property division process can be complicated and contentious. There are a number of factors that must be considered in order to ensure that each spouse receives a fair share of marital assets. Identifying, valuing, and dividing property during a high-net-worth divorce can be a difficult task, as there are often a large number of assets to be divided, and many of these assets are complex in nature.
Identifying Marital Assets
The first step in dividing marital assets is to identify all of the assets that are subject to division. Any assets obtained by either spouse during the marriage are marital assets. Non-marital assets include any property earned or otherwise obtained before the marriage or after the spouses were legally separated. However, determining what is marital property and what is non-marital property is rarely this simple. For example, the increase in value of non-marital assets may be considered marital property. Property can also be transmuted from non-marital property to marital property through the commingling or mixing of assets.
Make sure you address assets such as:
...