Divorce can become complicated when couples own high-value assets like businesses. Understanding how business valuations affect the division of assets is crucial for achieving a fair settlement. The importance of business valuations A business often represents a...
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High-Asset Divorce
5 Ways To Protect Your Finances During Divorce
On Behalf of Leahy, Van Vactor, Cox & Melendy, LLP | Dec 17, 2020 | Divorce, High-Asset Divorce
Your spouse has just asked for a divorce. Now what? Whether tension has been brewing between you for a while or the announcement came as a shock, you are likely dealing with many emotions and urgent questions. Difficult as it may be, it is important to try to set...
Determining Your Company’s Value During A Divorce
On Behalf of Leahy, Van Vactor, Cox & Melendy, LLP | Jun 17, 2020 | High-Asset Divorce
When an Oregon couple decides to end their marriage, it is likely that they have numerous details to consider. The specific concerns for each couple can vary, and you may feel the need to focus on how divorce will affect your company. It likely took a considerable...
When Are Property Transfers In A Divorce Treated As Gifts?
On Behalf of Leahy, Van Vactor, Cox & Melendy, LLP | Apr 17, 2020 | High-Asset Divorce
Like nearly everyone else here in Oregon and across the country, you want to pay as little in taxes as possible. During your marriage, you probably took great care to make sure that you limited your tax liability each year. In fact, you may have even received a refund...
Can You Protect Your Business During Your Divorce?
On Behalf of Leahy, Van Vactor, Cox & Melendy, LLP | Nov 21, 2019 | High-Asset Divorce
After spending years or even decades building and nurturing your business, the last thing you may want is to lose all or part of it during a divorce. The truth is that you will need to take some steps in order to keep your business intact should this happen.If you had...
Do You Have Concerns About Your Artwork And Your Divorce?
On Behalf of Leahy, Van Vactor, Cox & Melendy, LLP | Aug 23, 2019 | High-Asset Divorce
Because each divorce case is different, you may have certain details to consider that many other Oregon residents may not. If you have a considerable amount of wealth, you could have specific assets that will likely complicate the asset division process. In...
Mistakes To Avoid In A High Asset Divorce
On Behalf of Leahy, Van Vactor, Cox & Melendy, LLP | Jul 17, 2019 | High-Asset Divorce
Getting a divorce where one or both parties have a lot of wealth can be especially complicated. Many assets can be involved. Understanding that the public will likely know about your divorce can be stressful. Having a divorce where you and your spouse are satisfied...
Assets That Can Be Difficult To Value In High Net Worth Divorces
On Behalf of Leahy, Van Vactor, Cox & Melendy, LLP | Apr 4, 2018 | High-Asset Divorce
Every divorce has the potential to be complicated. However, if you and your soon-to-be ex are affluent and will have substantial assets to divide, the process can be even more difficult because the financial stakes can be exceptionally high.There can also be added...
What Will Happen To The Family Business After My Divorce?
On Behalf of Leahy, Van Vactor, Cox & Melendy, LLP | Feb 2, 2018 | Divorce, High-Asset Divorce
Marriages that have produced a family business are often left wondering what to expect after the division to the marriage is finalized. Will I have to divide the business? Is there any way it can continue to thrive despite the marriage failing? These are legitimate...
High-Asset Divorce: Prenup Protects Georgina Chapman’s Interests
On Behalf of Leahy, Van Vactor, Cox & Melendy, LLP | Jan 29, 2018 | High-Asset Divorce
Prenuptial agreements can protect spouses in marriages anywhere, including in Oregon, regardless of their net worth. They can be particularly valuable in a high-asset divorce. A perfect example may be the divorce of celebrities Harvey Weinstein and Georgina Chapman....
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