Recently wed, the Duke and Duchess of Cambridge are anticipating a long, loyal, and royal life. With million-dollar smiles—and pocketbooks to match—Prince William and his bride are financially set for life. But in the divorce of his own parents—Charles and Diana who set aside duty to the crown in favor of duty to the heart—it is possible someday the love match of William and Kate could become a fractured fairytale.
A Prince William and Kate divorce—Long Island style
With the lead-up to the latest royal marriage, there was also talk of the royal divorce of Prince Charles and Diana, Princess of Wales. The family of Prince William has substantial assets and large real-estate holdings worth approximately $480 million. Kate Middleton too brings wealth to her marriage.
Long Island divorce lawyers consider a couple seeking divorce with substantial assets of any kind to be a high net worth divorce. The assets of high net worth couples often include the following:
• Ongoing business enterprises
• Multiple bank and investment accounts
• Real estate investments
• Stock options
• Pension and retirement plans
• Inheritance monies
• Trust funds and other financial vehicles
Keeping the palace in the Hamptons and other assets safe
While the practicalities of a complex, high net worth divorce are similar to other divorces, a high net worth divorce requires handling by an attorney with the ability to orchestrate both a divorce, and a thorough investigation and forensic accounting of an asset portfolio. With the right lawyer, Long Island couples with substantial assets can live happily ever after—after the divorce.
Litigation of a high net worth marital estate can accrue significant legal expenses. Couples who remain amicable can often shelter their financial interests by using mediation or a collaborative form of divorce, to explore methods to preserve their wealth.
With luck and a lot of love, the relationship of Prince William and his bride will weather well into the future. But if they someday choose divorce, there likely exists a prenuptial agreement to address the complexities of their financial separation.
For equally moneyed, but perhaps less titled couples in Long Island, choosing experienced attorneys can keep a high net worth divorce from turning into a royal pain.
Excellence in family law on Long Island, New York
Well-known for their success in handling difficult and complicated divorce and custody cases, the Long Island divorce lawyers at Brian L. Salamone and Associates, PC offer personal attention and superb legal representation on family law matters of any type. We offer a free consultation. Contact us today.
Bryan L. Salamone and Associates P.C.
1145 Walt Whitman Road
Melville, New York 11747
631-424-3597/516-222-ATTY
