Your Financial Interests Are Our Priority
Don’t Lose What You’ve Worked To Build
You have spent a great deal of time and effort to get to where you are today. Unfortunately, one of the greatest causes of financial insecurity in retirement is divorce. Amid the emotional turbulence of divorce and family law issues, you need an advocate on your side to protect your financial interests.
Experienced Counsel For High-Asset Divorce
Gentry Law Firm LLC is a knowledgeable legal guide throughout a tumultuous time. Our law firm will be with you throughout your case to safeguard your financial interests. We pride ourselves on a responsive and compassionate approach to the practice of law that puts the rights of our clients at the forefront.
From our office in Marietta, Georgia, we help clients throughout Cobb County and surrounding areas with complex divorces involving:
- Business ownership interests and valuation
- Professional practices, including medical, legal and accounting practices
- Protecting retirement assets, including 401(k)s, IRAs and pensions
- Dividing stocks and stock options
- Uncovering hidden assets
- Spousal support
In addition to our considerable knowledge regarding the financial aspects of divorce, we are ready to act on behalf of our clients in divorces that are particularly contentious. We protect our clients’ well-being in all aspects of divorce, including, if need be, from further emotional strain.
Our Resources Help Protect Yours
From a dedicated staff of legal professionals to a network of highly trained forensic accountants and private investigators, we put our team to work for you from the outset of your case. Our distinguished history of successful representation is based in large part on our commitment to providing our clients with every resource they need to reach their goals. We will take the time and effort required to capably and meticulously document your financial situation during your divorce.
Can High-Asset Divorce Benefit from Mediation?
As soon as your divorce case is filed in court, it goes on the public record. Anyone willing to make a quick visit to the courthouse can learn about your case, including how much you make, the value of your assets, and information about your minor children. With mediation, all details are confidential, ensuring that your privacy is protected.
In addition to ensuring privacy, mediation is generally a quicker route to resolution. You don’t have to rely on a court calendar, and you can create the terms of your own agreement. As soon as you reach an accord with help from a divorce mediation lawyer, you are both free to move forward.
How Are Retirement Accounts Divided in a High-Asset Divorce?
Georgia Domestic Relations laws state that all contributions made by either spouse to a retirement account during the marriage are subject to equitable division on divorce. This includes unvested retirement funds.
When accounts have to be divided, a Qualified Domestic Relations Order (QDRO) usually has to be drafted and approved by the plan administrator. A QDRO divides and changes the plan ownership in accordance with the final order and is required for any pension or employee benefit plan subject to ERISA.
How Is a Family Business Divided in a High-Asset Divorce?
When the marital estate includes a family business, the first step is to have it appraised. Once a value has been assigned, you generally have three options:
- One of you keeps the business. The spouse who runs the business buys out the other’s share, usually by offering another piece of marital property of equal value.
- You both keep the business. Although this isn’t a common solution, you can opt to remain business partners after divorce.
- The business is sold. If you both want to start over, you can sell the business and split the proceeds.
A high-asset divorce lawyer will ensure that your rights are protected regardless of which option you choose.
Can You Get Alimony in a High-Asset Divorce?
Although alimony is not awarded as frequently as it used to be, you may still request it if you left the workforce years ago to focus on raising a family.
Your spouse can be ordered to pay support until you’ve gotten the training or education needed to become financially self-sufficient. It is important to note that permanent alimony is extremely rare and only awarded in cases where a long-term marriage is ending and the requesting spouse has little to no earning potential due to age or disability.
Your high-asset divorce lawyer will help you determine how much temporary support you need and can argue for long-term alimony if you need time to acquire marketable skills.
Call To Maintain Control Of Your High-Asset Divorce
At Gentry Law Firm LLC, we base our practice on finding unique solutions for our unique clients. With over 30 years helping individuals and families throughout Cobb County, we have the knowledge, experience and capability to guide you throughout your case. For an initial consultation with noted Marietta lawyer Gentry Law Firm LLC, call today at 770-425-5573 or reach us online here.