Overseas Assets

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Overseas Assets

Overseas Assets May Be Marital Property

Married couples with high net worth can often store money in overseas accounts or have a stake in offshore businesses as a tax shelter. Sometimes, one spouse may have brought the assets into the marriage and wishes to maintain it as separate property. In other situations, the spouse who controls the financial dealings in the marriage may hide asset from the other spouse. In the event of a divorce, it is required by law to disclose all assets for characterization as either separate property or marital property. The primary concern for the other spouse is knowing where to uncover the overseas asset and extracting it for characterization and equitable distribution.

If you are fighting to protect your financial interests in a divorce, will your lawyer have the skill and experience to handle issues related to overseas accounts? At Stange Law Firm, PC, we can help you with your high asset divorce. We have the resources and knowledge to determine the full and appreciated value of the overseas investment and investigate the extent the property should be characterized as separate or marital property. We rely on my own extensive experience, as well as the experience and specialized knowledge of independent professionals, including business valuation experts, forensic accountants and professionals with skills in all areas of international bank accounts and foreign investments.

International Divorce

Many family law attorneys turn their backs on cases involving complex international divorce laws and high net worth clients. I have worked with many couples whose divorce property settlements included international divorce and marital property laws and overseas assets.

We understand the issues involved, including:

  • Uncovering hidden assets in offshore accounts
  • Investigating the full value of the overseas asset
  • Transmutation of separate property and appreciated value of assets
  • Liquidating the financial interest for equitable distribution
  • International tax concerns

Stange Law Firm, PC offers its website visitors information on our site regarding high asset divorce, family law, and other related matters. You can read articles on divorce, view informational videos, listen to our podcast or download our mobile application.

Questions About Overseas Assets In Divorce? Call Today

Contact us online or by phone to schedule a confidential half-hour consultation at any of our convenient locations. Our law firm serves clients throughout Missouri, Illinois, Kansas and Oklahoma in the Midwest in cities such as St. Louis, Kansas City, Columbia, Springfield, Tulsa, Wichita and beyond.

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Helpful Information Regarding High Net Worth Divorce From our Webpage

To learn more about our work in the area of high net worth divorce, please follow the links below:
Can I afford to get a divorce with a large sum of assets
We frequently hear this question from people who believe that they have too much to lose to divorce. They stay in marriages in which they are unhappy — sometimes for years — when they believe they cannot afford to get a divorce.
Hidden assets
Divorces — especially those involving division of closely held small to mid-sized businesses — can sometimes involve hidden assets. When this happens, we have the resources and connections necessary to locate them for proper division.
Valuing professional practices and businesses
Valuing a professional practice can be extremely difficult because much of the value is in the individual's contribution, not in merchandise or interests that can be easily divided. If you have questions, we have answers.
Pensions, IRAs and 401(k)s
Missouri law significantly affects the division of retirement savings accounts. If many of your assets are in IRAs or 401(k)s, we can talk with you about your options.
Qualified Domestic Relations Orders
QDROs create or recognize the existence of an alternate payee's right to receive all or a portion of the benefits payable under a retirement plan. We can explain what this means for you.
Divorce Tax Issues
For some, they can have significant questions and concerns about how getting divorced might effect them from a tax perspective. We can help ensure that clients can get the tax advice they need from tax professionals.
Maintaining Lifestyle
Many individuals have spent their entire life working hard in order to maintain a lifestyle that they have sought out. We can help individuals going through divorce ensure that they are put in the best financial position possible after a divorce.
Business Owners
Many individuals have spent their whole life trying to create a successful business or they have assisted their spouse build up this interest. It can be stressful when that business interest becomes part of a divorce proceeding. However, we an help ensure that a business interests are fairly evaluated.
Prenuptial & Postnuptial Agreements
Prior to entering into a marriage, or after the wedding date, many individuals are interested in putting together a prenuptial or postnuptial agreement to ensure that there are not lengthy and contentious divorce proceedings later if the marriage ends in divorce In these instances, we can help.
Farm Divorce
In certain cases, parties going through a divorce may own a family farm. This can result in the farm itself, equipment, livestock and other valuable assets being put in play in a divorce. We can help you if this is the case.
Stocks and Bonds
Many married couples also have significant sums in stocks and bonds. It's vital to work with an attorney to have an accounting of what is out there and to ensure it is properly addressed in family court.
Vocational Examination
The income producing potential of a husband and wife can be an important issue in a spousal support or child support case. A vocational examination can be useful in many of these cases where the current income of a party does not appropriately reflect what they could make.
Real Estate Portfolios
Real estate can be an important issue in divorce cases where the parties own rental property and other valuable real estate. We can work with parties in these types of cases to make sure these assets are property valuated and apportioned.
Delayed Compensation
In some situations, a party may be compensated through delayed compensation. This is an important area that should not be over-looked in a divorce.
Overseas Assets
Overseas assets can be significant issue in certain cases. It is vital that you have an attorney who understands how to address this issue
Serving the St. Louis Metropolitan Area, Kansas City, Columbia, Springfield, Wichita, Topeka, Tulsa and Beyond in Missouri, Illinois, Kansas and Oklahoma

From our webpage, you can also read articles about family law, view informational videos, seminar videos, listen to our podcast, download our mobile application or view support calculators for MissouriIllinois and Kansas.

If you are looking to find and hire a child custody lawyer, contact us online or by phone to schedule a consultation at any of our convenient locations.

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St. Louis (Clayton), Missouri 63105

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KIRK C. STANGE, ESQ Partner Clayton, Missouri PAOLA A. STANGE, ESQ Partner Clayton, Missouri JILLIAN A. WOOD, ESQ Partner Clayton, Missouri KELLY DAVIDZUK, ESQ Partner

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