High Asset Divorce

Our Portland, Oregon High Asset Divorce Lawyers Can Help


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The emotional toll of stress related to any family law issue, , including an Oregon high asset divorce, can be exhausting without litigation. Let us take care of the law. You take care of you.
With Pacific Family Law Firm, you can expect a lot.

1. Talk to Lawyers

In most firms it is the staff that handles the bulk of your case. You end up dealing with paralegals, assistants, or clerks instead of the attorney you signed up with. At Pacific Family Law Firm, assistants may handle paperwork and occasional informational calls, but most of the time you will be working with your actual trial attorney.

2. Streamlined Representation

Our office and divorce attorneys have built the firm from the ground up with efficiency in mind. Paperless, custom-built data centers for instant access to all file information, and flexible communication by phone, email, and even secure instant messaging. We want you to be able to participate as part of the team in your case.

3. Honest Assessment of Case

Far too many divorce and family law "mills" are simply out to settle your case as fast as possible so they can move on the next one. Pacific Family Law Firm was founded by lawyers who are used to the courtroom and don't run from it. If getting you the right result means taking the matter to a trial, we will do it. If you are ready for a trial, we won't back down either.

High Asset Divorce?

Our attorneys are ready to help with your high asset divorce case.

What makes an Oregon high-asset divorce different than a "normal" divorce?

Because of the value and number of assets involved when evaluating a case, parties with larger marital estates face more complicated issues when beginning the process of dividing marital belongings during a divorce. High-asset divorces are generally more complicated than the standard divorce, if only because there may be many pieces of real property, investment accounts, retirement accounts, or titled property.

Our lawyers have experience looking at the future financial impact that divorce may have on your finances. We understand that divorce disrupts the careful investment planning that often occurred throughout the marriage. When the marital estate is extensive, it may contain investment accounts of varying types, multi-state or international financial assets, closely-held business or property interests, or large retirement accounts.

Attorneys With High-Asset Divorce Experience

Having an attorney working for you with experience and knowledge sufficient to discuss your interests at all phases of your divorce is critical. Often, the best representation requires the help of outside financial experts who may provide guidance or testimony regarding more nuanced economic structures that high-asset households utilize. Further, expert professional service may be critical to valuing a personal business, giving insight into a retirement account's future value, or even valuing land or unimproved properties. By utilizing the right professionals, we can assemble a team to help ensure your future's financial security, even after a divorce.

Our high-asset divorce lawyers at Pacific Family Law Firm are experienced with helping clients divide stock portfolios, multiple securities accounts, structured investments, 401(k)s IRAs, pensions, and other retirement plans. We can discuss the economic impact of varied options for those clients likely to spousal or child support and advise when clients should seek additional tax expertise. On the flip side, we will discuss planning options with parties who are likely to receive child or spousal support awards, allowing them to plan their new financial future.

Unlike standard divorces, high-asset divorce cases demand attention to detail and knowledge that only experience can provide. Contact one of our high-asset attorneys today to schedule a consultation.

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High Asset Divorce
Frequently Asked Questions (FAQ's)

Can I protect my separate property from being divided during a high asset divorce?
Yes, separate property (assets acquired before marriage or through inheritance/gifts) generally remains with its original owner during a divorce. However, commingling of separate property with marital assets may make it subject to division; thus proper documentation of these assets' ownership history is crucial for protection.
How do business interests factor into an Oregon high asset divorce?
In an Oregon high asset divorce involving business interests, professionals will often be enlisted to accurately value the business so it can be fairly distributed as part of marital property. If spouses co-own businesses together or if one spouse contributed significantly to its growth during marriage, more intricate evaluations may be required for equitable division.
How are retirement accounts handled in an Oregon high asset divorce?
Retirement accounts, such as pensions and 401(k)s, are treated as marital property and subject to equitable distribution during an Oregon high asset divorce. The court may use a Qualified Domestic Relations Order (QDRO) to allocate portions of retirement benefits between the parties upon the account holder's retirement or withdrawal.
Will I be required to pay alimony in an Oregon high asset divorce?
In a high asset divorce, alimony (spousal support) may be awarded based on factors like the length of the marriage, each spouse's income and earning capacity, contributions to career advancement or education, and standard of living during the marriage. The amount and duration of support will vary depending on specific case details.
How can I ensure that my assets are accurately valued during a high asset divorce?
To ensure accurate valuation of complex assets in a high asset divorce, it is important to work with experienced family law attorneys who have access to financial experts like certified public accountants (CPAs), business valuators, real estate appraisers, and other professionals capable of providing reliable valuations for your unique assets.
How does having a prenuptial or postnuptial agreement affect a high asset divorce?
A prenuptial or postnuptial agreement can greatly impact how assets are divided in a high asset divorce by predetermining how specific properties and financial interests will be allocated upon separation. These agreements can simplify property division issues during the divorce process if validly created and enforceable under Oregon law.
What is considered a high asset divorce in Oregon?
A high asset divorce in Oregon typically involves substantial financial interests, including complex property division, multiple real estate properties, business ownership interests, extensive investment portfolios, retirement accounts, and other valuable assets that require expert valuation and equitable distribution between the parties.
How are assets divided in an Oregon high asset divorce?
Oregon is an equitable distribution state. This means that marital assets are divided fairly and equitably between the divorcing parties, taking into consideration factors like each spouse's earning capacity and contributions to the marriage. This does not necessarily mean a 50/50 split; rather it depends on what the court deems fair under the circumstances.


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Useful Oregon Statutes For
High Asset Divorce

Ex Parte Temporary Custody Or Parenting Time Orders


ORS 107.097(2)

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(a) A party may apply to a court for a temporary protective order of restraint by filing with the court an affidavit or a declaration under penalty of perjury in the form required by ORCP 1 E, conforming to the requirements of ORS 109.767. (b) Upon receipt of an application under this subsection, the court may issue a temporary protective order of restraint restraining and enjoining each party from:

(A) Changing the child’s usual place of residence;

(B) Interfering with the present placement and daily schedule of the child;

(C) Hiding or secreting the child from the other party;

(D) Interfering with the other party’s usual contact and parenting time with the child;

(E) Leaving the state with the child without the written permission of the other party or the permission of the court; or

(F) In any manner disturbing the current schedule and daily routine of the child until custody or parenting time has been determined.


Read Full Text: ORS 107.097

Parenting Plan


(1) In any proceeding to establish or modify a judgment providing for parenting time with a child, except for matters filed under ORS 107.700 (Short title) to 107.735 (Duties of State Court Administrator), there shall be developed and filed with the court a parenting plan to be included in the judgment. A parenting plan may be either general or detailed.

(2) A general parenting plan may include a general outline of how parental responsibilities and parenting time will be shared and may allow the parents to develop a more detailed agreement on an informal basis. However, a general parenting plan must set forth the minimum amount of parenting time and access a noncustodial parent is entitled to have.

(3) A detailed parenting plan may include, but need not be limited to, provisions relating to:

(a) Residential schedule;

(b) Holiday, birthday and vacation planning;

(c) Weekends, including holidays, and school in-service days preceding or following weekends;

(d) Decision-making and responsibility;

(e) Information sharing and access;

(f) Relocation of parents;

(g) Telephone access;

(h) Transportation; and

(i) Methods for resolving disputes.


Read Full Text: ORS 107.102

Provisions Of Judgment


ORS 107.105 is a huge statute that provides detailed provisions governing not only the provisions of a divorce or separation judgment but also provisions regarding attorney fees. Rather than quote select parts, the statute may be reviewed in its entirety at the link below.


Read Full Text: ORS 107.105

Vacation Or Modification Of Judgment


(1) The court may at any time after a judgment of annulment or dissolution of marriage or of separation is granted, upon the motion of either party and after service of notice on the other party in the manner provided by ORCP 7, and after notice to the Division of Child Support when required under subsection (9) of this section:

(a) Set aside, alter or modify any portion of the judgment that provides for the appointment and duties of trustees, for the custody, parenting time, visitation, support and welfare of the minor children and the children attending school, as defined in ORS 107.108 (Support or maintenance for child attending school), including any health or life insurance provisions, for the support of a party or for life insurance under ORS 107.820 (Support order as insurable interest) or 107.830 (Physical examination may be ordered);

(b) Make an order, after service of notice to the other party, providing for the future custody, support and welfare of minor children residing in the state, who, at the time the judgment was given, were not residents of the state, or were unknown to the court or were erroneously omitted from the judgment;

(c) Terminate a duty of support toward any minor child who has become self-supporting, emancipated or married;

(d) After service of notice on the child in the manner provided by law for service of a summons, suspend future support for any child who has ceased to be a child attending school as defined in ORS 107.108 (Support or maintenance for child attending school); and

(e) Set aside, alter or modify any portion of the judgment that provides for a property award based on the enhanced earning capacity of a party that was awarded before October 23, 1999. A property award may be set aside, altered or modified under this paragraph.

...


Read Full Text: ORS 107.135

Factors Considered In Determining Custody Of Child


(1) Except as provided in subsection (6) of this section, in determining custody of a minor child under ORS 107.105 (Provisions of judgment) or 107.135 (Vacation or modification of judgment), the court shall give primary consideration to the best interests and welfare of the child. In determining the best interests and welfare of the child, the court shall consider the following relevant factors:

(a) The emotional ties between the child and other family members;

(b) The interest of the parties in and attitude toward the child;

(c) The desirability of continuing an existing relationship;

(d) The abuse of one parent by the other;

(e) The preference for the primary caregiver of the child, if the caregiver is deemed fit by the court; and

(f) The willingness and ability of each parent to facilitate and encourage a close and continuing relationship between the other parent and the child. However, the court may not consider such willingness and ability if one parent shows that the other parent has sexually assaulted or engaged in a pattern of behavior of abuse against the parent or a child and that a continuing relationship with the other parent will endanger the health or safety of either parent or the child.

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Read Full Text: ORS 107.137

Proceeding To Determine Custody Or Support Of Child


(1) If a child is born to an unmarried person and parentage has been established under ORS 109.065 (Establishing parentage), or if a child is born to a married person by a person other than the birth mother’s spouse and parentage between the person and the child has been established under ORS 109.065 (Establishing parentage), either parent may initiate a civil proceeding to determine the custody or support of, or parenting time with, the child. The proceeding shall be brought in the circuit court of the county in which the child resides or is found or in the circuit court of the county in which either parent resides. The parents have the same rights and responsibilities regarding the custody and support of, and parenting time with, their child that married or divorced parents would have, and the provisions of ORS 107.094 (Forms for restraining order and request for hearing) to 107.449 (Transfer of proceeding under ORS 107.135 to auxiliary court) that relate to custody, support and parenting time, the provisions of ORS 107.755 (Court-ordered mediation) to 107.795 (Availability of other remedies) that relate to mediation procedures, and the provisions of ORS 107.810 (Policy), 107.820 (Support order as insurable interest) and 107.830 (Physical examination may be ordered) that relate to life insurance, apply to the proceeding.

...


Read Full Text: ORS 109.103

Rights Of Person Who Establishes Emotional Ties


(1) Except as otherwise provided in subsection (9) of this section, any person, including but not limited to a related or nonrelated foster parent, stepparent, grandparent or relative by blood or marriage, who has established emotional ties creating a child-parent relationship or an ongoing personal relationship with a child may petition or file a motion for intervention with the court having jurisdiction over the custody, placement or guardianship of that child, or if no such proceedings are pending, may petition the court for the county in which the child resides, for an order providing for relief under subsection (3) of this section.

(2)(a) In any proceeding under this section, there is a presumption that the legal parent acts in the best interest of the child.

(b) In an order granting relief under this section, the court shall include findings of fact supporting the rebuttal of the presumption described in paragraph (a) of this subsection.

(c) The presumption described in paragraph (a) of this subsection does not apply in a proceeding to modify an order granting relief under this section.

(3)(a) If the court determines that a child-parent relationship exists and if the court determines that the presumption described in subsection (2)(a) of this section has been rebutted by a preponderance of the evidence, the court shall grant custody, guardianship, right of visitation or other right to the person having the child-parent relationship, if to do so is in the best interest of the child. The court may determine temporary custody of the child or temporary visitation rights under this paragraph pending a final order.

(b) If the court determines that an ongoing personal relationship exists and if the court determines that the presumption described in subsection (2)(a) of this section has been rebutted by clear and convincing evidence, the court shall grant visitation or contact rights to the person having the ongoing personal relationship, if to do so is in the best interest of the child. The court may order temporary visitation or contact rights under this paragraph pending a final order.

(4)(a) In deciding whether the presumption described in subsection (2)(a) of this section has been rebutted and whether to award visitation or contact rights over the objection of the legal parent, the court may consider factors including, but not limited to, the following, which may be shown by the evidence:

(A) The petitioner or intervenor is or recently has been the child’s primary caretaker;

(B) Circumstances detrimental to the child exist if relief is denied;

(C) The legal parent has fostered, encouraged or consented to the relationship between the child and the petitioner or intervenor;

(D) Granting relief would not substantially interfere with the custodial relationship; or

(E) The legal parent has unreasonably denied or limited contact between the child and the petitioner or intervenor.

(b) In deciding whether the presumption described in subsection (2)(a) of this section has been rebutted and whether to award custody, guardianship or other rights over the objection of the legal parent, the court may consider factors including, but not limited to, the following, which may be shown by the evidence:

(A) The legal parent is unwilling or unable to care adequately for the child;

(B) The petitioner or intervenor is or recently has been the child’s primary caretaker;

(C) Circumstances detrimental to the child exist if relief is denied;

(D) The legal parent has fostered, encouraged or consented to the relationship between the child and the petitioner or intervenor; or

(E) The legal parent has unreasonably denied or limited contact between the child and the petitioner or intervenor.

...


Read Full Text: ORS 109.119

Services

Pacific Family Law Firm is focused on one area of law: family law. From divorces to child support to spousal support to custody modifications, we're ready to help. Whether your your case has been open for years and is having a judgment modified, or if you have never had an attorney before and are just figuring out how to proceed with a divorce or other family change, we will take care of you.

Oregon Family Law & Divorce Blog

At Pacific Family Law Firm in Oregon, staying current on the latest developments in Oregon divorce and family law topics is a top priority. Our firm maintains a policy of "information first" for the client, so we make every effort to share information with the public and clients. Our blog covers topics from the frequently asked questions (FAQs) that Oregon family law Attorneys encounter to news headlines that impact Oregon families. If there is a topic you would like to see covered, let us know, and we'll add it to our list of subject matter!

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Clients always want to know the duration and the price of an Oregon divorce. Unfortunately, this is tough to answer without consulting on the case, although a common question. Lawyers charge on an hourly basis, meaning the price of your divorce is directly related to the amount of time your lawyer spends working on the matter.

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