All divorces have their unique sets of facts and circumstances. However, when the divorcing couple has significant assets and/or income the case becomes appreciably more complex and requires a sophisticated level of financial and legal knowledge. Ms. Vova has a solid financial background and is well versed in the many issues that arise in high net worth cases.
There may be issues of finding and tracing assets, determining valuations of businesses, real property, stock and stock options, and rare collections of art. Our team works in concert with other financial professionals in creating a plan to divide a variety of unique assets, and in determining marital and non – marital property, including ferreting out non – marital portions of assets. We do this with an eye towards maintaining a confidential environment in order to respect the privacy of the parties , who often are public figures.
Cindy Vova, understand s the needs of high net worth clients . She hold s both a BBA and MBA in finance , and worked in the banking industry prior to attending law school . With this background Ms. Vova has the financial acumen to successfully guide you through your high net worth divorce.
Having significant experience in these high net worth cases, we employ a process that includes:
Discovery
Proper and thorough discovery is the first and often the most critical step in a high net worth divorce. We use a strategy designed to assist in ensuring the best possible outcome for our clients, including extensive document requests, document management and categorizing and follow up incomplete requests with appropriate motions before the court, if necessary.
Retaining Experts
In high net worth divorces, as part of developing a plan of action with each client we also determine what experts are needed. We then partner with experts who contribute their unique skills in identifying and analyzing the assets and liabilities of the marriage to assist in determining values of various assets and liabilities, as well as projecting the tax consequences that accompany the division of any such assets to ensure that a fair and equitable outcome is achieved. This may include:
- Forensic accountants,
- Business valuation experts,
- Real property appraisers, both residential and commercial,
- Personal property appraisers, including fine art and other collections,
- Pension and retirement plan valuations,
- Vocational evaluations.
We then work in concert with these experts to determine values of all assets including:
- Retirement assets (pensions, 401(k)s, IRAs, Federal Retirement System Pensions, FRS),
- Real Estate Holdings, including principal residences, second and third homes, residential and commercial properties,
- Business assets and closely held corporations, including S – Corporations and limited liability corporations,
- Limited and general partnerships,
- Professional practices,
- Stock options,
- International assets,
- Collectibles, art, antiques and jewelry,
- Bitcoin.
Our goal is to present a comprehensive and sustainable valuation of marital and non-marital assets and liabilities to enable our clients to have the knowledge necessary to, with our assistance, craft a creative settlement. We understand that privacy and discretion, as well as remaining out of the spotlight, are of paramount importance to our high-net-worth clients. We work tirelessly to ensure that we help you achieve these goals and are often able to resolve your case before a trial.
However, should a comprehensive and favorable settlement not be achieved, we are ready, willing, and able to bring your case to trial and use the skills of our experts to present your case in a comprehensive and comprehendible manner to the court. Often the other spouse will also employ experts to make the same determinations. We work with experts who have developed a proven track record and the respect of the Courts where your case will be heard.
Privacy
Understandably, privacy is often of the foremost concern for high-net-worth individuals, high-profile individuals, and public figures. We present our clients with several alternatives that can keep your case outside of the public purview. These include extensive negotiations in advance of filing a divorce, including mediation and the collaborative divorce process. We have extensive experience in these areas and work diligently to maintain the confidentiality of your divorce while helping you achieve an equitable outcome.
Children’s Issues
Financial considerations may be only part of the equation in a high-net-worth divorce. Issues involving your children, division of timesharing (custody), parenting skills, a child’s special needs, parental alienation, substance abuse, and mental health concerns may also need attention. When your case involves one or more of these matters, we help you determine the best way to address them. This may include teaming up with experts in the fields of forensic psychology and having substance abuse evaluations, psychological evaluations, and social investigations to assist with ensuring that the right decisions are made for your children now and into the future. We partner with the leading experts in substance abuse and mental health issues to ensure that a comprehensive picture is presented to the court and to work toward the best interest of your children.
In High-Net-Worth Divorces We Strive to:
- Maintain the client’s privacy,
- Utilize a team of experts to value assets and liabilities,
- Consider tax implications,
- Resolve cases without court intervention.
Uncontested Divorce
Many clients call the office and say they want an uncontested dissolution of marriage. In a perfect world everyone should want and be able to obtain an uncontested dissolution of marriage, where all issues are amicably resolved and they have a peaceable, expeditious and cost- effective divorce.
However, most of the time, what someone thinks is an uncontested divorce is not, as defined under Florida law, truly uncontested.
Learn more about Uncontested Divorce →
Contested Divorce
Let’s face it, most divorces are contested because, after all, if you agreed on everything you might not be reading this and contemplating a divorce in the first place! In a divorce case, there are several matters that must be resolved, either by agreement or by a judge.
Learn more about Contested Divorce →
Alimony
The attorneys at the Law Offices of Cindy S. Vova ,in Broward and Boca Raton understands the critical stakes involved in all divorces, and particularly high-net-worth divorce cases We provide expert advocacy where alimony is an issue, ensuring our clients receive equitable outcome, not paying more than they should and not receiving less than they should.
Child Support
If you have children under 18, whether you are involved in a divorce or a paternity action, then child support is, with rare exceptions, a fact of life.
Florida law requires a determination of child support when parents are not residing together, and the legally mandated guidelines usually require one parent to pay the other parent an amount calculated under Florida Statutes. This determination, including who is paying it to whom and the amount, cannot be waived by one parent because child support is a right of your child, not of the parent who receives it.
Call us at 954 – 316 – 3496 or contact us online to arrange a fully discrete and confidential consultation with an attorney who has expertise and specializes in high-net-worth divorces in Fort Lauderdale/Broward County, Boca Raton/Palm Beach, and Miami-Dade.
If you have a question, comment, or concerns, call us at one of the numbers below or email us at info@vovalaw.com
- Broward / Miami Office
954 – 316 – 3496 - Boca / Palm Beach Office
561 – 962 – 2785