Nashville High-Asset Divorce Lawyer

No matter the circumstances involved, a divorce can be complicated and both emotionally and financially strenuous. However, when a couple owns a particular amount of wealth or numerous assets of high value, unique complexities can arise. Whether you are a business owner living in Belle Meade or a country musician with an estate in Williamson County, a Nashville high-asset divorce lawyer is here to protect your rights to the property you have worked hard to obtain.

When you experience a divorce, you need a legal team you can trust. Experiencing a high-asset divorce, however, requires a trustworthy legal team that can also fight to protect what is yours. When a marriage involves a significant amount of highly valued assets, there are multiple concerns that need to be brought to the forefront of any negotiations or discussions. At Anne Hamer Law, we are by your side and ready to ensure your rights to property are protected. 

Hire Legal Counsel and Representation You Can Rely on From Anne Hamer Law

For over 20 years, the team at Anne Hamer Law has been serving families throughout Tennessee and is here to turn their time and attention to your case. We know how it feels to work hard for the things you have and want to do whatever is in our power to help you protect your property. Our attorneys have handled hundreds of cases successfully for clients and are now ready to do the same for you.

Understanding a High-Asset Divorce in Nashville

Tennessee sees a divorce rate of around 2.9 cases per 1,000 residents. In communities such as Belle Meade, families are used to a median household income of above $250,000 a year, while the Nashville-Davidson County median household income is $71,000. When divorce occurs, and that much income is suddenly on the line, things can turn ugly, and it is wise to have a Nashville property division lawyer on your side who has experience in high-asset cases. 

In a divorce, the couple must divide their marital property — or any assets or debt that were acquired by either party during the marriage — according to state law of equitable distribution. In a high-asset divorce, there are certain forms of property often at play that can add a layer of complication. These assets typically include the following:

• Luxury property and vehicles
• Trusts or inheritance assets
• Multiple, high-value real estate holdings
• Retirement or pension accounts
• Ownership of business interests
• High-value collections, such as art, furniture, jewelry, antiques, and other similar items
• Large bank account holdings
• Investments in stocks and bonds

If your marriage includes any of these assets, then you are likely going to need an attorney who knows how to handle a high-value divorce. You will also want to consult with financial professionals who can help ensure proper valuations and appraisals of these forms of property so that a fair and equitable distribution can take place. At Anne Hamer Law, we are here to protect your rights to these forms of property and help you find the right professionals to assist you.

Primary Issues in a High-Asset Divorce Case in Tennessee

In a high-asset divorce case, there can be a wide range of unique challenges due to the nature of the property held within the marriage. In combination with other aspects of divorce, like child support and custody, these challenges necessitate the need for an attorney’s presence. The primary issues and challenges that arise during a high-asset divorce in Tennessee include:

• Spousal support. In a divorce, one spouse may be able to obtain spousal support if they can prove their own financial need. Spousal support will be based on factors present, such as the income of each spouse and the standard of living they grew accustomed to during their marriage. In cases of high-asset divorce, the amount of spousal support awarded is often quite high and will likely be contested, necessitating an attorney. 
• Business ownership. If you own a business, have interests in a business, or are a partner in a business or practice, it can complicate the act of property division during divorce. In cases where the business is co-owned by the spouses, this can cause the case to become especially contentious, and it is crucial that you hire a high-asset divorce lawyer. 
• Asset evaluation. It is crucial that in a high-asset divorce, all separate and marital assets are appraised by professionals, as many high-value assets can be difficult to assign a value to. This is a complicated step in your divorce and may cause the overall process to take longer than more ordinary divorce cases. 
• Prenuptial agreements. If you and your spouse entered your marriage with highly-valued assets, then it is likely you have some kind of prenuptial agreement already in place. When these agreements are part of your overall divorce process, it can make your case go much more smoothly. However, if the agreement was poorly made or inadequately established, it can add further complications to your case. 
• Hidden assets. When a spouse attempts to hide assets, either separate or those shared in the marriage, it can affect how assets are divided. On one hand, it could lead to a spouse receiving much less than what they are legally owed. On the other hand, if these hidden assets are uncovered, the party that attempted to hide them can be severely punished by the courts. 
• Costs. A high-asset divorce in Nashville will likely take much longer to process and will also require additional professionals, such as appraisers, to help in your case. Because of this, it can make your overall case more expensive than a more ordinary divorce. 
• Tax implications. Sometimes, with a high number of valuable assets comes a relatively high number of possible taxes. During a property division, if all possible tax implications are not identified and planned for, it could cause you harm in the future. 
• Public exposure. For individuals with high amounts of wealth living in the Nashville area — especially those who are famous musicians or athletes — the idea that their divorce and private details could be made public is overwhelming. At Anne Hamer Law, we are here to ensure your divorce is handled with as much privacy and discretion as possible. 

How an Attorney Can Help You

There are several ways in which our attorneys can help protect you and what you have worked so hard to build over the years. First, we are here to help find and protect every single asset involved in your marriage. We are also here to help ensure things are handled as privately as possible and offer solutions for support payments that fit your lifestyle. We are dedicated to ensuring our clients receive the favorable outcome they most desire. 

FAQs

Q: What Is the Wife Entitled to in a Tennessee Divorce Case?

A: In a divorce in Tennessee, both spouses are equally entitled to their marital property. The courts will not favor one party over the other in a property division case simply based on gender. Instead, they will look at certain factors in order to ensure that the property is split between the couple in a manner that follows the equitable distribution laws of the state. 

Q: How Can I Protect My Wealth During Divorce?

A: There are several ways you can protect your wealth during a Nashville divorce case. First, if you have any kind of prenuptial agreement or postnuptial agreement in place, this can play a huge role in how assets will be divided. Additionally, hiring an attorney can help ensure your rights to property are protected.

Q: What Sets Anne Hamer Law Apart?

A: At Anne Hamer Law, we are here to ensure you receive the representation and counsel you deserve. We are here to simplify the complicated legal and financial challenges of your case and build a strategy that can help you find fair and reasonable solutions to property and asset division. We also strive for open communication with our clients and are here to build your entire case on a foundation of trust you can’t find anywhere else.

Q: What Are Some Signs That My Spouse Is Hiding Assets?

A: Nearly 40% of couples admit to some kind of financial infidelity, including the hiding of assets during a divorce. There are several signs your spouse is hiding assets from you. These signs include avoiding all discussions related to your finances, giving large gifts of money to friends and family for no reason, making sudden and expensive purchases, and complaining about how they have suffered an alleged salary decrease. 

Hire a High-Asset Divorce Lawyer Today If you and your spouse own a significant amount of wealth or assets, the risks involved in a divorce can be great. You need to hire a high-asset divorce lawyer who can work with discretion and protect what you have worked so hard to build over the years. At Anne Hamer Law, we are here to protect your interests and ensure the entire legal process of your divorce and property division goes as smoothly as possible. Contact us today to schedule your initial consultation.