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There are two main aspects to consider in these cases. The first involves situations where parties lack liquidity but possess significant assets that hold value on paper. In such instances, it is essential to structure a settlement that provides security for the party receiving payments while also allowing the party responsible for making payments the ability to equalize the assets.
The second aspect focuses on obtaining information, particularly when representing a party that may be at a disadvantage. Effectively gathering this information is crucial for accurately assessing the value of the assets, especially if there are elements that may not be transparent from the basic financial information disclosed.
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Portland, OR family law attorney Zach Fruchtengarten talks about the biggest challenges faced in high net-worth cases. There are two main aspects to consider in these cases. The first involves situations where parties lack liquidity but possess significant assets that hold value on paper. In such instances, it is essential to structure a settlement that provides security for the party receiving payments while also allowing the party responsible for making payments to have the ability to equalize the assets.
The second aspect focuses on obtaining information, particularly when representing a party that may be at a disadvantage. Effectively gathering this information is crucial for accurately assessing the value of the assets, especially if there are elements that may not be transparent based on the basic financial information disclosed.