Skip to main content
(866) 465-5395 Schedule a Consultation (866) 465-5395 Schedule a Consultation

3 Roles of Valuation During High-Asset Divorce in Pennsylvania

| |

In youth, the popular song by The Notorious B.I.G. claiming that with “Mo Money [comes] Mo Problems” may have seemed like a joke. As we age, we realize that there is some truth in these catchy lyrics.

The realization becomes even more of a reality when going through a high-asset divorce.

Why is a high-asset divorce so difficult? The more assets there are, the more difficult it can be to better ensure a fair division. One aspect of the division to pay close attention to is whether all assets are accounted for and valued accurately.

It is very difficult to get a fair split of assets if an accurate valuation is not present.

What options are there to better ensure a fair split of asset? The fairness of the split can be better ensured through the use of valuation. It can help to have an understanding of the many roles valuation can play during divorce. Three specific examples include:

  • Business interests. Arguably the most commonly known use for valuation is the accurate assessment of a spouse’s interest in a business. This can include the review of equity positions and various forms of stock.
  • Life insurance policies. As noted by the experts with Forbes, life insurance policies are one of the more commonly overlooked assets during high-asset divorces. This asset can accumulate with the individual as his or her wealth grows. As a result, the policy can be forgotten when crafting a divorce settlement agreement.
  • Lifestyle. Pennsylvania state law allows for the consideration of the “standard of living of the parties established during the marriage” when determining a fair division of assets. In some cases it is wise to use a valuation expert to help break down the standard of living into an actual, and accurate, cost. This can better ensure that the division of assets is more likely to support this continued lifestyle.

Although these three examples are important, they are only a small part of the whole. Divorce is a complex process. As such, it is wise for those going through divorce to seek legal representation.

Client Testimonials

They are amazing! I highly recommend anyone that is in need of assistance with child support hearings to seek out the expertise and experience of this law firm and staff! They handled my case quickly and I feel that my money was put to good use. Much appreciated! Nothing less than five stars!

Alana Deverson

I just want to say GREAT JOB! She is a no nonsense professional with years of experience that qualifies her as a skilled Family Law attorney. She is seasoned, sensitive, and most of all she cares. She made things easy for me. Definitely recommend!

Kimberly Colby

Overall I was pleased with the results of my divorce case. The entire Petrelli Previtera team truly cares about their clients. Luckily for me, I was paired up with an amazing team helping all the way. If you happen to work with this firm and with the lawyers you’ll be in great hands. It was such an excellent service and it was beyond I expected.

A Family Law Client Chevy Chase , MD

Serving Clients at the Following Locations

Bethesda4800 Hampden Lane, Suite 200 Bethesda MD 20814(301) 234-7409view details
Maryland5425 Wisconsin Ave Chevy Chase, MD 20815(301) 889-8085view details
ChicagoTwo Prudential Plaza 180 North Stetson Suite 3500 Chicago, IL 60601(312) 252-2085view details
Schaumburg1750 E. Golf Rd, Suite 382 Schaumburg, IL 60173(630) 491-9670view details
Texas500 W 2nd St Suite 1900 Austin, TX 78701(512) 883-1684view details
Washington DC1717 K Street NW, Suite 900 Washington DC 20006(202) 519-0366view details
Denver7900 E. Union Ave. Suite 1100, Denver, CO 80237(720) 821-6440view details
Princeton475 Wall St, Suite 214, Princeton, NJ 08540(609) 917 9560view details
Linwood210 New Road #15 Linwood, NJ 08221(609) 375-0351view details
Parsippany8 Campus Dr, Parsippany, NJ 07054(973) 310-5320view details
Philadelphia1845 Walnut Street 19th Floor Philadelphia, PA 19103(215) 523-6900view details
Montgomery County516 DeKalb Street Suite C Norristown, PA 19401(610) 924-2870view details
Doylestown123 N Broad Street, Doylestown, PA 18901(267) 938-4480view details
Abington1147 Easton Road, Abington PA 19001(610) 890-4833view details
West Chester203 W. Chestnut St., Suite 204
West Chester, PA. 19380
(610) 431-4012view details
schedule a consultation Today
Contact Us Fill out the form or call us today (866) 465-5395