If you need experienced legal representation, a Bellevue divorce for CEO lawyer could help protect your assets and interests during high-asset divorce proceedings. Divorce is seldom easy, but when substantial assets, investments, and businesses are at stake, it can be extremely stressful and complex. The right legal counsel could make protecting assets, preparing for alimony and taxes, and protecting your privacy much easier. 

At Twyford Law Office, we have experience handling high-asset divorces. We take a holistic approach to divorce cases, taking the time to understand our clients’ backgrounds and their hopes for the future. When facing a divorce, you might find yourself wondering about the rest of your life, how you will retire, and how you can move forward emotionally and financially. We are here to help you with skilled representation and open communication, working to safeguard your future. 

How To Protect Your Assets During Divorce

Washington is a community property state, which means that assets and debts acquired during the marriage are generally considered to be owned by both parties and, therefore, subject to equitable division. The Court will determine a fair distribution of assets based on many factors. Of course, if you have a prenuptial or postnuptial agreement, the terms of that agreement can help protect your assets. But where there is no such agreement, our attorneys could help by negotiating on your behalf or engaging in mediation to preserve your assets without costly and risky litigation. 

We begin by identifying and valuing all community and separate property. The law requires people in divorce proceedings to disclose assets that may need to be divided. Here are some assets that must be disclosed:

  • Real estate
  • Financial accounts
  • Intellectual property rights
  • Retirement plans and pensions
  • Business interests
  • Lawsuit damages
  • Stock options
  • Stock voting rights
  • Trusts
  • Tax benefits
  • Life insurance policies, proceeds, and annuities 

Working with financial planners and accountants can help ensure accurate valuation so that wealth is divided as fairly as possible. Courts in Washington have broad discretion in dividing assets, considering various factors such as how long the marriage lasted, each person’s current financial situation, and each person’s future earning potential. Our Bellevue CEO divorce attorneys can present your case to the Court in the best way possible.     

Alimony Obligations and Financial Settlements

Spousal support may be a part of a high-asset divorce settlement. For example, if you are a stay-at-home primary parent divorcing a high-income-earning business owner, the Court may determine that the business owner should provide a determined amount of money to the stay-at-home parent each month for a certain amount of time. The purpose of alimony is to support the spouse who has relied on the other financially while they become financially independent. 

Dividing assets can be complicated when it involves businesses, real estate, and financial accounts like investment portfolios and retirement accounts. Our CEO divorce lawyers could also help minimize tax liabilities when dealing with large settlements in Bellevue.

Confidentiality in Divorce Proceedings

Maintaining privacy is often a concern for those in high-asset divorces, especially those with significant business interests or a public image or life. One option is to pursue mediation, as it could be done privately so that the divorce stays out of the public eye. 

In a Bellevue CEO divorce, our attorneys could also work to safeguard your confidentiality through confidentiality agreements. 

Seek Guidance From a Bellevue Attorney for Your High-Asset CEO Divorce 

CEOs and other executives have a lot to protect in a divorce settlement. Divorce proceedings dealing with large assets can quickly become complicated and emotionally charged. Choosing the right legal counsel could significantly improve your divorce experience. 

At Twyford Law Office, we have decades of experience handling divorce matters that include large financial portfolios, real estate, and other assets. We seek to protect your interests while minimizing risk. Our team gets great results by focusing on our clients and fighting aggressively for their best interests. Contact us today to speak with a Bellevue divorce for CEO lawyer. During your free consultation, we will discuss your situation and explain how we can help you.