Los Angeles, CA family law attorney Robyn Santucci talks about how Los Angeles high net worth divorces differ from regular divorces. High net worth divorces are prevalent in Los Angeles, particularly within this community, and these cases often involve more complex assets and larger amounts of wealth. Such cases may include businesses that need to be valued and awarded to the spouse who operates them, along with a payment to the other spouse. Determining the value of a business can be highly contested, resulting in significant differences between the parties’ positions.

In addition to the complexities of asset division, reimbursement claims may arise, especially when dealing with mixed assets that include both community property and separate property components requiring separate valuation. To navigate these complexities, experts, including accountants, are frequently engaged to facilitate discussions and identify additional factual information essential for achieving a fair division of assets. In high net worth cases, the process tends to be more intricate and necessitates specialized assistance to reach a resolution.