Las Vegas High Net Worth Divorce Lawyer
Key Points
- High net worth divorces often involve complex assets like businesses, executive compensation, and investment holdings, which courts have greater discretion to value and divide than in typical cases.
- Alimony and child support don’t follow standard formulas in high-income cases, since courts rely on a broader range of factors rather than the mechanical calculations used in lower and middle-income divorces.
- Financial experts often play a key role in these cases, and an experienced high net worth divorce lawyer can help you work with them to preserve your wealth and protect your privacy throughout the process.
Serving Clark County Including Mesquite, Laughlin, Las Vegas, North Las Vegas, Henderson, Overton, and Moapa Valley
For divorces involving high income and high net worth in Las Vegas, Nevada, it is important that every detail of the case is handled correctly.
Whether the property was acquired before or during the marriage, it is important to preserve the assets and reach a favorable resolution.
The lawyers at Mills & Anderson help our divorcing clients with asset preservation throughout Las Vegas and the surrounding areas of Clark County, Nevada.
At trial, the outcome in a high income and high net worth cases is less certain. Many of the statutory provisions and guidance from case law are centered around the issues in lower and middle-income cases.
For high income and high net worth clients, the mechanical calculations that might occur in other types of cases do not apply. The courts have greater discretion when valuing and divide assets. The courts also have greater discretion when structuring alimony or child support. The uncertainty in these cases can make litigation more risky and expensive. When the stakes are higher, it is important to find an attorney that is particularly qualified to handle these types of complicated cases.
Many of these cases involve a business, closely-held corporation or an executive compensation plan. Important tax considerations will apply to any agreement reached between the parties. Many of these cases involve financial experts that can assess and value the assets, identify tax considerations, and propose a division of the assets that makes the most sense for each spouse.
Why Choose Mills & Anderson?
Personalized Service. Proven Results.
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Comprehensive Legal SolutionsFrom family law and estate planning to business law, we provide trusted legal guidance for every stage of life.
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Experienced, Collaborative TeamEvery case benefits from the combined knowledge of our attorneys, giving you thoughtful strategies and well-rounded legal support.
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Personalized Attention
You'll work directly with your attorney and a dedicated paralegal, ensuring responsive communication and a legal strategy tailored to your needs.
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Honest, Practical Guidance
We provide straightforward advice, explain your options clearly, and focus on solutions that protect your future—not just resolve today's issue.
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Se Habla Español
Our Spanish-speaking attorney is here to provide clear, compassionate legal guidance, making quality representation accessible to more members of our community.
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Accessible & ResponsiveWe make it easy to get the answers you need with prompt communication and nearly immediate access to our team during business hours.
Assets to Divide in a Nevada High Net Worth Divorce
In many high net worth cases, the parties acquired much of their wealth prior to the marriage. These case might also involve an inheritance or gift from relatives.
Some of the property will be considered separate property and some of the property will be considered community property. The division of these assets will also impact other parts of the case including the amount of alimony and child support awarded.
In a high net worth divorce, the types of assets involve might also become difficult to value and divide.
Those assets can include:
- a small business or closely-held corporation;
- a professional practice;
- majority and minority stock and partnership holdings;
- commercial real estate;
- multi-level real estate investments or trusts;
- hedge funds;
- private equity funds;
- commodity-based holdings;
- retirement benefits;
- executive compensation plans;
- a stock portfolio, or
- other investment income.
Call us to find out more about the complex issues affecting the value of these assets and how those issues should be resolved. We help our clients understand the tax consequences of selling commercial property, the primary residence or vacation homes. Tax considerations also come into play when considering capital gains on the liquidation of long-term or short-term investments.
Alimony in High-Income Cases in Nevada
When the husband and wife each earn vastly different incomes, the courts look at alimony to resolve those inequities. Alimony is designed to provide additional support for the spouse with a lower income. Alimony or spousal support is separate from child support and the distribution of property earned during the marriage.
The court considers a number of factors including whether one spouse gave up educational or employment opportunities to raise children or support the other spouses’ career. Alimony comes in different forms including a lump-sum payment or periodic payments.
Tax considerations will play a critical role in how the alimony issues are resolved. Unlike property distribution, alimony is considered taxable income to the recipient and a tax deduction to the former spouse who pays the support. In some cases, one spouse may decide to accept or waive property rights in return for a greater amount of alimony.
We understand the stakes—let’s protect your interests in every financial detail. Call now: (725) 999-6468.
The Difference Is Personal
Hear From the Families We’ve Helped
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“His integrity and morals are exemplarily. Mr. Anderson is extremely knowledgeable of the law. He is prepared and fights for his clients. Mr. Anderson has always kept me informed as to the progress of my case.”Jodi
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“Dan is the consummate professional with a deep background in contractual law. His steady manner guided me through the process and he never wavered even during times when I was a bit emotional.”Charles
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Meresa B.
Had a great experience when working with Byron Mills during both of our hearings and everything leading up to it. His staff was very attentive and quick to respond to any questions or concerns we had. Would highly recommend Mills and Anderson!
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“They are very knowledgeable, answered any, and every question I had. Very professional, detail oriented, well prepared, and honest throughout the entire process.”Kasey
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“If you want to get the job done right you need to check out their office. Thank you so much guys, I appreciate the help.”Marlen G.
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“Going through a divorce is a very difficult process and they managed to make it a smooth transition for me. I felt so comfortable and their communication skills are excellent. Whenever I called or emailed I received a prompt response.”Marjaana M.
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“He was well prepared to discuss our situation and had reviewed all the materials I had sent him in advance. He was also very accommodating as the issue was time sensitive.”Ryan L.
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Mills and Anderson family law is excellent, including his staff, especially Mary O'Donnell. We have an adoption case with them and we got granted just over a month. Thank you very much for all of you!Maung S.
