Jackson High-Asset Divorce Lawyer

Providing Support Through Your Tennessee Divorce

Couples who are divorcing with substantial assets face a unique set of obstacles, especially in regards to valuing and equitably dividing assets that both parties accumulated during the marriage. High net worth couples will often have an intricate web of joint assets that can be difficult to divide fairly. This often leads to highly contested divorces that can be potentially costly.

If you and your spouse have decided to get a divorce, you may have a number of questions and concerns about property division and what to expect during litigation. For one, you may be worried about losing the assets for which you have worked your whole life. It is important that you consult with a Jackson family law attorney at Casey, Simmons & Bryant, PLLC before taking any drastic measures.

What is a High-Asset Divorce?

A high-asset divorce in Tennessee involves the division of substantial financial assets, property, and other high-value items between spouses. In these cases, there’s a significant focus on accurately valuing and fairly distributing complex assets such as business interests, investment portfolios, real estate, retirement accounts, and valuable personal property like art collections, luxury items, and vehicles.

Tennessee is an equitable distribution state, meaning the court divides marital assets in a way it deems fair but not necessarily equal. This often requires extensive financial analysis to identify which assets are marital versus separate property. High-asset divorces often involve legal and financial professionals, such as financial advisors, tax specialists, forensic accountants, and appraisers, to navigate complex financial and legal considerations. Additionally, high-asset divorces may involve significant alimony payments, especially if there is a substantial disparity in the income or earning potential of each spouse.

Property Division in High-Asset Divorce

Many of our clients who come to us for representation in divorce express concern about losing more than 50% or more than what is "fair" in the divorce. This is especially true of individuals involved in high-asset divorces, where one or both spouses have significant property or assets. Our Jackson high-net-worth divorce lawyers are familiar with the various challenges presented by high-asset divorces. We are here to protect your wealth and ensure you are not taken advantage of.

We can work with you to protect the following type of property in your divorce:

• Antiques, art, and jewelry
• Vehicles and boats
• Vacation homes and property
• Business assets
• Professional practices
• Investment accounts
• Stocks and bonds
• Bank accounts

Uncovering Hidden Assets in Jackson & Clarksville Divorces

Another common concern we deal with at Casey, Simmons & Bryant, PLLC, is if one spouse is hiding money or other assets. Your ex may have hidden bank accounts, property, or other assets that they are trying to keep under the radar during divorce proceedings. They may try to cheat the legal proceedings by not properly divulging all their assets.

If there are other issues you and your spouse are fighting over, they may try to use your shared assets as a threat. We may be able to assist you with searching for hidden assets or with the business valuation process to ensure all assets are brought to light. Every divorce is different and must be handled carefully. Our Jackson high-asset divorce attorneys are prepared to provide you with personalized attention.