High Asset divorce

Divorce is never simple, but when significant assets are involved, the process becomes even more complex. A high-asset divorce requires careful planning to ensure that property, businesses, and investments are properly divided. If you’re going through a high-asset divorce in Utah, here’s what you need to know.

High-asset divorces typically involve multiple properties, business interests, retirement accounts, and valuable personal assets like investments, artwork, or jewelry. Unlike a typical divorce, these cases require financial professionals, appraisers, and sometimes forensic accountants to ensure a fair and accurate valuation of assets.

One of the biggest challenges in a high-asset divorce is identifying and valuing all marital assets. If assets are held in multiple locations or a spouse attempts to hide wealth, uncovering the full financial picture is critical. Tax implications are also a major concern, as dividing assets or making alimony payments can create unexpected tax liabilities.

In Utah, the law requires equitable distribution—which doesn’t always mean a 50/50 split. The court considers factors like the length of the marriage, contributions to marital assets, and each spouse’s earning potential when determining how assets should be divided.

To protect your financial future, you need a strategy. This includes accurately valuing assets, understanding tax implications, and considering the long-term impact of any settlement. Negotiation and mediation can often be more effective than litigation, helping both parties reach a fair resolution without unnecessary conflict.

A high-asset divorce isn’t just about splitting assets—it’s about securing your financial future. At RCG Law Group, we guide clients through these complex cases, ensuring they receive the fair outcome they deserve.

If you’re facing a high-asset divorce, call 385-503-3663 today to schedule a consultation.