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New Hampshire High Assets Divorce Lawyers

Divorce is simply defined as "a judicial declaration dissolving marriage in whole or in part." However, divorce is not as clear cut as its definition may imply. Divorce can involve lengthy proceedings, the majority of which center around distribution of assets, alimony payments, and child custody. In cases where assets are significant, it is essential to have an attorney on your side that is experienced in successfully handling divorce cases involving high assets. At Tenn And Tenn, we understand that divorce is a difficult enough period to get through in ones life, so we'll handle all the details of the case to ensure that you receive an equitable outcome in your case.

New Hampshire is considered a "community property" or "equitable distribution" state, meaning that valuation of property is divided equally amongst divorcing parties. Furthermore, those assets that were acquired prior to marriage are equitably distributed amongst the divorcing parties, yet an equal divide here is not necessarily required. The facts or circumstances of the divorce can allow the court to deviate away from community property law and towards an agreement that is deemed more reasonably equitable to both parties involved. Ultimately, if the divorcing parties cannot decide on the division of assets, then the court will decide based on the circumstance of the case.

Common areas of contention in a high assets divorce are:

• Retirement accounts, including pensions and 401ks
• Shares of stock and other stakes in businesses
• Spousal support (alimony) and/or child support
• Validity of the terms under which a pre-nuptial agreement was decided upon

A pre-nuptial agreement is defined as "a written contract between two people who are about to marry, setting out the terms of possession of assets, treatment of future earnings, control of the property of each, and potential division if the marriage is later dissolved. These agreements are fairly common if either or both parties have substantial assets, children from a prior marriage, potential inheritances, high incomes, or have been "taken" by a prior spouse." A pre-nuptial agreement can simplify divorce proceedings, clarifying exactly where assets are to be allocated so as to avoid extended argument.

In some cases, pre-nuptial agreements can be challenged on the basis that either:

1. There was not a full disclosure of income and/or assets in the original agreement
2. The agreement was unreasonably inequitable from the start
3. Both parties were represented by the same counsel, who may have acted in bias and favored one party over the other
4. Proper procedure was not followed in the creation of the pre-nuptial agreement

If a pre-nuptial agreement is no longer an option or needs to be challenged, and divorce proceedings are imminent, don't hesitate to call the NH divorce lawyers at Tenn And Tenn, P.A. We can provide you with a free consultation regarding your New Hampshire divorce case, and guarantee to handle your case with the utmost in discretion and skill.