Complex Divorce

High Net Worth Divorce

Property and Asset Division

High Net Worth Divorce

Complex Divorce

When you are involved in a divorce, concerns about child custody, parenting time, child support, spousal support, and the division of assets and debts can seem overwhelming. There's so much to think about as you try to cope with the personal, professional, family and financial issues at stake. For many, the emotions that accompany the end of a relationship can lead to decisions that may feel good at the time, but those decisions may not be in your long-term best interests. You need to experience the emotions while your attorney maintains a clear vision to protect your legal interests. At Pladson Law Office, our attorneys, DeAnn Pladson and Kristen Hushka, help clients in North Dakota and Minnesota manage all aspects of divorce proceedings, from simple matters to complex divorce issues requiring intensive investigation and litigation. 


Your Support System When Facing Divorce Challenges

Whether you and your spouse have only been married a few years or your relationship has spanned decades, dividing marital property and assets can be a difficult undertaking, not to mention the emotional factors that can play into the proceedings. As your lawyers, we focus on the legal and financial matters so you can focus on yourself and your children. Some issues we will address include:

  • Identifying and dividing marital property and assets
  • Dividing closely held businesses as well as farmland or other property
  • Division of debts
  • Determining the allocation of parental rights and responsibilities
  • Child support
  • Spousal support (alimony)

When going through a divorce, it's important to know your options. This  means understanding the pros and cons at each turn and being a part of the decision making process. Although many people view divorce as a contentious or strictly adversarial process, it doesn't have to be. We use our skills as mediators and trained parenting investigators to help you identify the best strategy for you as well as your children.   


Let Our Divorce Attorneys Focus on the Legal Issues So You Can Look Toward Tomorrow

Whether you are considering filing for divorce, have questions about mediation and other ADR methods or have been served papers and need to protect your interests, give us a call at our Fargo law office to schedule a consultation with Attorney Pladson or Attorney Hushka.  

Discovery

 In family law cases, the courts are required to equitably divide the assets and debts between the parties. While equitable doesn't always mean equal, the court must explain a substantial difference in division of assets between the parties. At Pladson Law Office, our team of attorneys will help you identify and determine values for your assets and determine the nature and extent of your debts. With more than 20 years of experience and extensive knowledge of complex financial matters affecting couples with significant assets, family-owned or closely-held businesses, farmland and other property, as well as those whose assets have become interwoven over a long marriage, we can provide clarity while protecting your interests as we work toward a solution. 


Discovery is a Key Part of any High Asset or High Net Worth Divorce

When engaging in the division of property and assets, we will help you understand the different forms of discovery and the issues related to gathering the information you need to make an informed decision in a complex situation. With a comprehensive picture of your finances, we can better protect what is rightfully yours while pursuing what is most important to you. We will review your records, analyze your income, debts and other assets, all while taking appropriate steps toward ensuring that nothing is overlooked or hidden by your spouse. Below are a few methods we may use to obtain pertinent information during the discovery process:  

  • Depositions:  Depositions are question and answer proceedings taken in an office and away from the court. The witness may be anyone with relevant information in the case. Most commonly, the witness is one of the parties to the case. The witness is subject to cross examination under the penalty of perjury. The deposition is one of the quickest and most efficient methods for preparing for a case; however, it can be an expensive procedure. A certified court reporter types the record of the questions asked and the answers given. The testimony is then transcribed into a written record and used in a court proceeding.
  • Interrogatories:  Interrogatories are written questions formulated to try to get the information relevant to the case out in the open. We learn about the other party's case through the use of these written questions. Once they are received, the other party must answer the question in writing and under oath. Interrogatories are a cost-effective way to gather information about assets and debts.
  • Requests for production of documents:  Requests for production of documents are used to obtain documents which may be used as evidence. Tax returns, credit card statements, bank statements, investment account statements, and other financial papers are required to be produced within a specified period of time.

As certified family law mediators and parenting investigators, Attorneys DeAnn Pladson and Kristen Hushka bring together the experience and credentials necessary to help you and your family through even the most complex divorce proceedings. By looking at potential alternative dispute resolution (ADR) strategies like mediation or collaborative divorce, we can help you find opportunities to save time, costs and alleviate much of the stress that comes from litigating these types of cases. However, if litigation is unavoidable, Attorneys Pladson and Hushka and our team are well-equipped and prepared to take your case as far as it needs to go.  

Property and Asset Division

 One of the most contentious issues in a divorce can be the division of property and other marital assets. At Pladson Law Office, our goal is to help you achieve an equitable property distribution through the protection and discovery of assets. Our attorneys, DeAnn Pladson and Kristen Hushka, will work closely with you, take the time to fully understand and evaluate your finances and goals, and ultimately develop a strategy for achieving those goals through the most efficient and effective means possible. 


We Look at All the Financial Factors

When it comes to a divorce, it's about more than just selling the home or dividing up the bank accounts. There are numerous other factors that need to be considered, including:


  • Debts incurred during the marriage
  • Retirement accounts and investments
  • Interests in family-owned or closely-held businesses
  • Property such as farmland and farming operations
  • Pensions
  • Social Security benefits
  • The income of each spouse
  • Real property
  • Insurance policies

As your lawyers, we will work to untangle your finances, and help you manage the information in a simple and easy to understand format. We will also explain the potential benefits of negotiating the division of your property and assets through mediation or other alternative dispute resolution methods. By avoiding litigation, you and your spouse can decide the terms of your property division as well as numerous other aspects of your divorce. In the end, these ADR methods keep costs reasonable, make for more equitable and sustainable agreements and save all parties a great deal of frustration and stress.