The Law Offices of James A. Adams, P.C., L.L.O.
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Posts tagged "High-Asset Divorce"

Dealing with a business during divorce's property division

This blog has previously talked about the difficulties that men may face when they are going through a divorce and have to valuate some of their higher dollar assets, including their family business. In addition to estimating a business's worth, an Omaha man going through a high asset divorce will also have to figure out, on a practical level, what to do with his business after the dust settles. For that matter, men going through a legal separation or even just a breakup with a long-term business and personal life partner may also face the same questions.

How stock options may figure into a Nebraska divorce

Some men in the Omaha area may be fortunate enough to have an employer who offers stock options to them. A popular fringe benefit among executives and other professionals, stock options allow a person who receives them to purchase valuable company stock at a discount.

Retirement plans present complicated issues in divorce

As this blog has discussed on previous occasions, many men in the Omaha area have a lot of wealth tied up in their retirement plans. While individual retirement accounts, or IRAs, are available, many if not most Nebraskans utilize their employers' 401(k) plans. Government jobs, as well as a few large private businesses located in Omaha, also offer pension plans.

Other reasons to consider a premarital agreement

A previous post on this blog talked about how Omaha men can protect their business assets via a premarital agreement. Indeed, in some cases, one's business partners can even insist that a man execute a premarital agreement before tying the knot just to make sure the enterprise is protected from the fallout of a high-asset divorce.

How might my fringe benefits affect my divorce?

One of the nicest perks that many Omaha men enjoy at their jobs is fringe benefits. Many, if not most, people get some sort of fringe benefits, even if it is only paid vacation. However, particularly among executives and professionals, other lucrative benefits may be available as well. For instance, a man may get the benefit of using a company car even for his personal transportation. In other cases, he may be able to use stock options to buy company stock at a below-market price, thus making hundreds if not thousands of dollars almost instantly.

More on Nebraska premarital agreements

A previous post on this blog talked about how a man can protect his business interests via a prenuptial agreement. As this post described, as long as a man follows state law, a valid premarital agreement can go a long way to protect his assets in the event of a high-asset divorce or a separation.

Putting a value on investment real estate

Many men in the Omaha area provide for their families in part by buying additional properties and then either re-selling them or renting them to tenants. These properties may be other homes in Douglas County or Sarpy County, or they may be commercial property.

Special financial considerations in a military divorce

In general, a Nebraska divorce will be governed by the property division and child custody and visitation laws of this state. However, for those many men and women who are serving their country in the Omaha area, their divorce or legal separation may involve some unique complications because of their active duty status.

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