If you’ve worked hard to build equity in your business, facing a divorce in Arizona can raise complex questions about how that business will be treated under the law. Many business-owning spouses consult a Chandler divorce lawyer or Chandler family law attorney to protect their equity and navigate the division of assets fairly.
Dividing assets in an Arizona divorce is rarely simple – but when significant wealth is involved, tax consequences can dramatically affect the outcome. Many spouses work with a Chandler divorce lawyer or Chandler family law attorney to ensure that what appears to be a fair settlement on paper does not create unequal tax burdens after the divorce is finalized.
Divorce is often emotionally charged, but in high-net-worth cases, the most contentious issue is usually asset division. In Chandler, many spouses work with a Chandler divorce attorney when they suspect a spouse may be hiding assets that should be divided under Arizona community property law.
Arizona is a community property state, which means marital assets must be divided as close to 50/50 as possible in a divorce. Because equity compensation can be complex, many spouses work with a Chandler divorce lawyer or Chandler family law attorney to understand how stock options and Restricted Stock Units (RSUs) are treated under Arizona law.