McKinlay Law Offices, LLC

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McKinlay Law Offices, LLC

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Attentive. Smart. Conscientious.

Attorneys Amy M. McKinlay and Kerry E. Hageman-Froelich

McKinlay Law Offices, LLC: We Simplify Complex Asset Division

An individual’s wealth is a sensitive topic. It can be hard to bring it up in conversation and often harder to quantify. When you are heading toward divorce, your wealth and assets will be a major topic of conversation. Your attorney must prepare you for what is ahead.

At McKinlay Law Offices, LLC, we understand the struggles facing high net worth families moving toward divorce proceedings. We know that complex assets and executive compensation packages can lead to complicated asset and income division. We can work with you to find a resolution.

Consistent, Competent Service In Uncertain Moments

When you have significant assets, you risk significant losses when you go through the asset division process in divorce. We have guided clients facing complex asset division matters, including:

  • Executive compensation packages: Executives often have unique compensation scenarios which may include not only a base salary, but valuable fringe benefits, complicated bonus structures, complex equity awards, and deferred compensation. The assets assigned can be highly complex, unique to the executive’s company and/or position, and are not easily divided.
  • Retirement benefits and packages: Employer-provided retirement plans are overseen by one of the most complicated federal laws and require skilled legal attention.
  • Qualified Domestic Relations Order (QDRO): This is a legal order that is used to divide retirement plan assets between divorcing spouses. The division of retirement assets governed by the Employee Retirement Income Security Act (ERISA), such as 401(k)s and pension plans can provide financial security for the non-employee spouse. These must meet specific legal requirements and be approved by both the court and the retirement plan administrator.
  • Business ownership: Businesses are among the most multifaceted assets we encounter. Many factors go into the “value” of a business and dividing them may be extremely difficult.

The intricacies of dividing complex assets lie in the finer details. The attorneys at our firm are certified by the Ohio State Bar Association as Specialists in Family Relations Law. We not only have the skill and insight to confidently pursue even the most complex issues in family law, but we also know when to pull in our network of financial specialists, business valuation experts, forensic accountants, and other professionals for assistance.

Reach Out For Asset Division Help

We strive to be the legal team that you need for your divorce. We can be aggressive when necessary and are highly detail oriented. We care about our clients and take every step necessary to secure their desired outcomes.

Call our office in Columbus at 614-968-9275 or send us an email to get started today.