High Net-Worth Divorce

Doeren Mayhew was retained by the husband in a marriage of over 30 years to provide business valuation and marital dissolution consulting services in a multi-million dollar marital estate. The husband held an interest in over 20 active companies, which included operating entities as well as real estate holding companies. Revenues for each entity ranged from a few thousand dollars to the tens of millions. The companies were in various industries, including medical supply sales, restaurants and real estate holding companies.

Marital dissolution consulting services were provided for the husband, which included business valuations, the preparation of a marital estate summary and preparation of an income analysis for purposes of determining spousal support. Doeren Mayhew went head-to-head against an opposing financial expert and negotiated reasonable business valuations to successfully reach a settlement. Our professionals attended numerous mediations and ultimately assisted the parties in reaching a settlement and avoiding trial. Additional assistance was provided by Doeren Mayhew including structuring settlement payments, advising on tax consequences of various settlement scenarios, and ensuring the equitable division of cash and investment accounts following the execution of the settlement agreement.