Cravens & Noll
The Help You Need During Complicated Divorce Proceedings
Money complicates things. This maxim applies most perfectly in the context of divorce. When a couple has substantial assets, diversified property interests, or has received large inheritance gifts, divorce proceedings are complicated exponentially.
The attorneys of Cravens & Noll have experience with all of the complexities involved with property division in high asset divorce cases. We have the Richmond high asset divorce attorneys who can represent your interests throughout your case.
We have a team of forensic accountants and other experts we work with regularly experienced working with the unique issues involved with high-asset divorce cases:
- Business valuations
- Asset tracing
- Multiple properties
- International properties
- Valuation of business interests
Co-Mingled Marital Funds
Virginia, unlike many other states, takes a different approach in regards to distinguishing between marital property, separate property (which generally means property acquired before the marriage), and property that is gifted/inherited by one of the spouses.
Most of these issues can be settled outside of court through mediation or other forms of negotiation. Divorces get complicated when dealing with hybrid property. One of the spouses inherits a large sum of money during the course of the marriage, then co-mingles that money with the rest of the bank accounts that are shared with the other spouse. Then both parties are spending and depositing funds, creating countless transactions. It becomes very difficult to decide how to trace and then divvy up that money, and this usually becomes a triable issue.
Contact a Chesterfield Property Division Lawyer
We offer free initial consultations for prospective clients in Virginia. We are conveniently located for both Southside and West End Richmond residents in Virginia. Call 804-332-6161, 866-547-6373 toll free, or simply e-mail the firm to schedule a free initial consultation.
