Equitable Distribution in Atlanta, GA High-Asset Divorces
When a divorce involves high-value property and complex financial portfolios, dividing assets can be one of the most stressful and legally challenging parts of the process. Equitable distribution in Atlanta, GA high-asset divorces requires a careful analysis of all assets, debts, and financial history. Georgia law seeks the fair division of marital property. However, it does not require an equal division, or a 50/50 split.
At Atlanta Divorce Law Group, our divorce attorneys understand the state law regarding high-asset divorces. We help you protect your business interests, investment portfolios, retirement accounts, and other high-value assets while pursuing a fair and strategic outcome.
What Does Equitable Distribution Mean?
In high-asset divorce cases in Atlanta, GA, it is important to know that the state requires equitable distribution. Georgia courts endeavor to divide marital property fairly according to relevant circumstances. This does not mean the courts automatically divide the assets equally. Under the Official Code of Georgia Annotated § 19-5-13, property division is at the court’s discretion unless the parties reach an agreement. Family court considers factors such as each spouse’s financial and non-financial contributions, financial standing, behavior during the marriage, and future needs.
Marital property typically includes:
- Income earned during the marriage;
- Real estate purchased together;
- Retirement accounts and pensions accumulated during the marriage;
- Stocks, bonds, and mutual funds acquired jointly;
- Business interests developed during the marriage.
Family court does not usually divide separate property, such as assets a spouse acquired before the marriage or through inheritance, unless the spouses combined them with marital funds or used them for the benefit of both spouses.
Common High-Value Assets
In high-asset divorces, the complexity of assets can make division difficult. A skilled family lawyer can help you identify, classify, and value your assets. High-value assets can include:
- Privately held business ownership or partnership interests;
- Multiple real estate properties, including vacation homes or rental units;
- Executive compensation plans, stock options, and restricted shares;
- Investment accounts, trusts, and cryptocurrency holdings;
- Luxury personal property, such as art, jewelry, or collectibles.
A less obvious example of a marital asset is the increase in value of a business. For example, if one spouse owns a medical practice that they grew during the marriage, the increase in its value may be subject to division, even if the spouse owned the practice before the marriage.
Our team has extensive experience with the fair division of high-value assets in divorces in Atlanta, GA. We work with financial professionals to appraise assets accurately, search for hidden assets, and advocate for a fair outcome.
Preparing for Trial While Exploring Settlement Options
While many high-asset divorces settle before reaching trial, thorough preparation is key to achieving the best outcome, whether in or out of the courtroom. Our skilled family lawyers in Atlanta, GA, understand equitable distribution in high-asset divorces and prepare each case as if it will go to trial. This strategy strengthens your negotiating position and ensures your case is ready if settlement efforts fail.
At Atlanta Divorce Law Group, our team begins by identifying your priorities and evaluating what a fair settlement would be. Our attorneys negotiate with the other party or their counsel. When appropriate, we facilitate mediation sessions to reach an agreement without litigation. We always aim to reduce your emotional stress, costs, and time spent in court.
At the same time, we prepare for the possibility of a trial. This includes gathering financial records, hiring accountants or valuation professionals, building asset inventories, drafting exhibits, preparing witnesses, and developing legal arguments for the reasonable distribution of your assets. If a trial becomes necessary, we present a compelling case that reflects your contributions and financial goals.
Speak With an Atlanta, GA, Lawyer About the Fair Distribution of High-Value Assets in Your Divorce
When you risk losing your share of marital assets, you need legal guidance that is thorough and strategic. Equitable distribution in Atlanta, GA high-asset divorces can be complex. We have the experience to help you protect what you have worked hard to build. Reach out to our team at Atlanta Divorce Law Group to schedule a consultation.
