What special considerations apply in Family Law proceedings of high net worth individuals?

For high net worth individuals, as well as the usual human stresses associated with failure of relationships and family breakup, there are added financial complexities that come from sophisticated financial arrangements.  These complexities include things such as:

• overseas assets, ascertaining the relevant jurisdiction and related issues
• complex trusts and holdings, particularly the implications of family trusts set up for the benefit of children to which the spouse may or may not have access
• capital gains tax implications of multiple properties such as rollover relief for transfers that are part of a family law property settlement

In particularly complex situations, having access to an boutique firm and an accredited specialist with considerable experience with these sorts of matters can be of great value.