High-value Divorce Lawyers
Parslows’ specialist divorce lawyers are experts in high net worth divorce and high value divorces in Jersey.
High-value Divorce Lawyers
Parslows’ specialist divorce lawyers are experts in high net worth divorce and high value divorces in Jersey.
All divorces have a significant emotional and financial impact, but they can be particularly complicated for high net worth divorces. Due to the complex nature of high-value divorces, it’s essential to seek specialist legal support and advice from expert high net worth divorce lawyers.
Parslows are experts in all areas of family law, including high net worth divorces. We will work with you throughout the divorce process and ensure you get the best possible outcome.
Due to the complex nature of high-value divorces, it’s necessary to examine finances, trusts, properties, and international assets alongside any child-related issues like maintenance and custody.
Our experience dealing with high net worth divorces means that we can help you with a range of issues that may arise during the divorce process, such as:
● Assets (Business, inherited and offshore)
● Trusts
● Properties
● Spousal and child maintenance
● Any school fees
● Injunctions to freeze assets
Why choose Parslows for your high-value divorce?
Our teams of experts have vast experience in high net worth divorces and specialise in all areas of family law such as prenuptial agreements, marital finances, issues involving children and international law.
Our expertise and experience allow us to provide you with a highly efficient service that ensures the best possible outcome for your high-value divorce.
No- obligation high-value divorce consultation
One concern for all divorces is how much it will cost, particularly in high net worth divorces. That’s why we offer a free no-obligation consultation to give you an idea of how much you can expect legal fees to cost and ensure that we are the right legal firm for you.
Following the consultation, we will guide you through every step of your divorce and ensure complete transparency with our fees, meaning that you don’t need to worry about any hidden costs.
Ranked in the Legal 500
Parslows are ranked in the Legal 500, which means that you obtain the highest standard of legal support in Jersey. While the standard of our legal aid is comparable to larger Jersey legal firms, our client care is akin to smaller, more personal lawyers.
We pride ourselves on offering the same level of service to all of our clients, regardless of the legal situation and have advised and assisted with cases worldwide, including Australia, Dubai, Singapore, the UK and the USA.
What is a high net worth divorce?
A divorce in which the assets of either one or both parties exceed financial needs is considered a high net worth divorce. A high-value divorce takes into account assets of multiple forms, including property, business shares and overseas assets. Generally, the higher the values involved, the more complex the divorce can become.
What assets are involved in a high-value divorce?
During a high-value divorce, it’s a legal obligation for both parties to disclose all of their financial assets so that they can be considered for settlement.
These assets include:
● Business shares
● Trusts
● Property
● Pensions
● Investments
● Inherited wealth
● Offshore assets
Protecting yourself from future financial claims
To protect yourself from future financial claims from your ex-partner, it’s crucial that you are completely honest about your financial assets and circumstances during the divorce proceedings.
If you withhold financial information that later comes to light, making the other party feel that the settlement was unfair, they can make a new claim against your assets.
Businesses in a high net worth divorce
Your business assets are likely to be a priority to both you and your partner during a divorce and can become a very complex manner. During divorce proceedings, it is preferable for both the value and employees of the business to be unaffected, which means that if you own or run the business, you’ll likely retain it following the divorce.
Hidden assets in high-value divorces
Complete financial transparency is expected of both parties during the divorce proceedings. If you or your partner believe that the other party is not being open and honest about their financial situation, you can review their finances.
Generally, if you withhold any financial information during proceedings, it is not looked upon favourably. If you successfully hide any assets throughout the divorce, it’s possible that your partner can make a later claim if new information comes to light.
Parslows lawyers are experts in family law and have experience in advising in high-value divorces in Jersey. We are here to help and support you through this challenging time. If you need an expert to advise and support you through your divorce, contact us for more information.
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