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High Net-Worth Divorce & Separation

High-Net-Worth Divorce & Separation

We provide dedicated counsel to safeguard your financial future in high-value divorce matters.

The dissolution of a high-asset marriage requires more than just legal knowledge; it demands strategic navigation through intricate financial landscapes. Our lawyers provide experienced guidance to address complex, high-net-worth property division, spousal support considerations, and any related financial implications with a focused and discreet approach.

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What is a high-net-worth divorce?

High-net-worth divorce is a specialized area of family law dealing with the ending of marriages involving complex financial situations, requiring expertise in asset valuation, division, and other related financial considerations.

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Focused expertise for high-value divorce

Our firm provides dedicated legal counsel specifically designed for the complexities of high-net-worth divorce. We offer:

  • Strategic and discreet guidance in navigating intricate asset division, including business valuations, investments, and real estate holdings.
  • Experienced representation in addressing complex financial matters, such as executive compensation, offshore accounts, and trust arrangements.
  • Skillful advocacy in addressing spousal support considerations unique to high-income and high-asset situations.
  • Dedicated legal counsel to protect your financial interests and future during high-conflict or contested high-net-worth divorce proceedings.

Special considerations for high-net-worth divorces

Navigating high-net-worth divorce in Alberta presents unique challenges beyond typical separations.

Valuing and dividing substantial assets like businesses, investments, and real estate requires specialized expertise. Understanding tax implications and pre-existing financial agreements is crucial.

Determining spousal support in these cases demands careful analysis of lifestyle and earning potential. Privacy concerns and the need for discretion are of the utmost importance. When children are involved, parenting arrangements can be more complex. Engaging experienced legal counsel is essential when it comes to protecting your interests.

High Net-Worth Divorce & Separation
Frequently Asked Questions

When am I considered legally separated from my spouse or common-law partner?

A couple is generally considered separated when at least one spouse states that they wish to end the relationship and the spouses begin living separate and apart with no reasonable chance of reconciling. In some circumstances, spouses may be considered to live separate and apart while still residing in the same home.

Under Alberta’s Divorce Act, a divorce can only be granted if there has been a breakdown of the marriage. Most often, this breakdown is established once the couple has lived separate and apart for at least one year. Less commonly, a divorce may be granted in less than a year on the basis of adultery or cruelty.

Most divorces do not require a trial and are resolved by negotiation between the parties or another form of alternative dispute resolution, such as family mediation or arbitration. A court hearing, such as an application/motion or trial, may be required when a couple is unable to resolve an outstanding issue through less formal means.

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