Protecting Your Interests In Complex Asset Divorce
If a couple getting divorced has substantial and complex assets to divide, it becomes even more critical to work with experienced family law attorneys who will protect your interests. The division of marital property in North Dakota can be complex no matter how extensive one’s holdings. However, if there is vacation property, investment real estate, multiple retirement accounts, a family farm or other family-owned business, or other complex assets to divide, you should work with a lawyer who has a thorough understanding of state laws regarding the distribution of marital property.
The family law attorneys at Brudvik Law Office bring the knowledge and experience in this area that allow our clients to rest assured their rights are being protected. The division of marital property has a great impact on each party’s financial foundation in post-divorce life. Getting things right the first time is vital since it is difficult to reverse decisions once the distribution of marital assets process is completed.
Obtaining Accurate Valuation Is Crucial
Proper valuation of a family home or other real estate holdings, a farm, a business or a professional partnership is an important component of dividing marital property. We work with highly regarded valuation specialists. Our lawyers have experience dividing a broad range of complex assets, including:
- Real estate holdings
- IRAs, 401(k) and other retirement accounts
- A family business or professional partnership
- Collectibles and other illiquid assets
It is possible to reach agreement regarding asset distribution without litigating, even in complex asset cases. Doing so allows all parties to retain more control over the outcome. We are skilled at negotiating terms and reaching agreement outside of court, yet we are always ready to advocate aggressively for our clients in court if a fair agreement cannot be reached amicably.