Nashville Executive Divorce Lawyer
Executive Divorce Attorney In Nashville, TN
Divorce is never easy for a couple to go through, but it can be especially hard for those with complex estates. Nashville is known for being home to countless high-value businesses, and executives have unique needs during divorce. You need a Nashville executive divorce lawyer who will prioritize privacy and asset preservation during legal proceedings, helping you work towards a peaceful life post-divorce.
Choose Mathis, Bates & Klinghard PLLC to Represent Your Interests
With over 55 years of combined professional experience, the lawyers at MBK Legal know how to navigate the divorce process for executives and other high-income careers. We prioritize our clients’ needs above all else. Our family law attorneys work around our clients’ unique schedules, scheduling time during evenings and Saturdays to accommodate you.
We want to give you the information you need to take control of your case and pursue a bright future post-divorce. When you work with our team, you’ll be working with discreet and dedicated lawyers who value making Tennessee’s legal process as transparent as possible.
How a Nashville Executive Divorce Attorney Can Help You During Your Executive Divorce Case
In 2024, about 10% to 11% of residents in the Nashville-Davidson metropolitan area were divorced. Divorce can be a taxing process, especially for executives who already have their plate full of career responsibilities. It is vital to hire an executive divorce lawyer with experience working with others in your job field, so they can:
- Help explain your rights and the most favorable legal options for you.
- File your divorce. The divorce process is generally handled at the Davidson County Circuit Court Clerk’s Office, located at 1 Public Square.
- Gather evidence and documents relevant to your divorce case. This process can include working with financial professionals to trace the origin of your assets and value your estate to fully disclose your financial situation to all parties involved.
- Work with discretion during mediation negotiations. The attorneys at MBK Legal understand the need for privacy during divorce proceedings and can work with you to make sure your personal life stays private. This process can include discussing the division of property, alimony, and child custody and support.Mediation is a great option for those needing to maintain privacy. This official process is an alternative to court, where couples and their legal teams can resolve their divorce issues in privacy and maintain control over the outcome of their case. However, if couples can’t agree in mediation, their case will proceed to a public trial, where a judge will have the final say.
- Advocate for your legal rights during mediation and potential court hearings. Your lawyer will want to understand your top priorities for your divorce so they can pursue a favorable outcome.
Alimony Laws in Tennessee
In 2024, the average income for men living in the Nashville-Davidson-Murfreesboro-Franklin metro was $58,476, with the average income for women being $45,081. That same year, 143,545 people worked in management occupations, and 75,228 people worked in business and financial operations occupations.
During a divorce, the topic of alimony can quickly become a heated debate between spouses. Alimony is often awarded in situations where one spouse has made significant sacrifices to help the other spouse’s career, such as giving up their job to raise children, or when one spouse makes significantly more income than the other.
In these cases, alimony can either be agreed upon by the couple or ordered by the court if the couple cannot agree. Your attorney will be able to advocate on your behalf, based on what your desired outcome is regarding alimony.
FAQs
What Assets Are Considered in a Tennessee Divorce?
In a Tennessee divorce, marital assets are considered during the property division stage. This is generally anything gained by either spouse during the marriage. It can include income, bonuses, inheritances, checking and saving accounts, cash, cryptocurrency, investments and stocks, retirement accounts and IRAs, debt, real estate and rental properties, intellectual property, business interests, pets, vehicles, collectibles, and other personal belongings. Depending on how complex your assets are, this part of the divorce can take a long time to complete.
How Are Assets Divided During a Divorce in Nashville?
During a divorce in Nashville, assets are divided equitably between a couple, not necessarily equally. Assets gained before marriage aren’t divided, unless they have been mixed with marital assets, such as an income before marriage being used to buy a marital home. If a couple can agree on how to fairly divide their assets during mediation, they can do so. However, if they can’t agree and don’t have a prenup, a judge will decide how to divide their marital assets.
What Is the Process of Forensic Accounting During a High-Income Divorce Case?
The process of forensic accounting during a high-income divorce case starts with a financial professional reviewing the couple’s financial situations. Their job is to trace assets to find their original source and determine if the asset is marital or separate. This can be pivotal for couples, as it can help lower their overall income and make sure they keep what belongs to them. They can also help trace hidden assets to make sure spouses remain honest about their finances.
What Types of Alimony Are There in a Tennessee Divorce?
In a Tennessee divorce, several types of alimony may be awarded, depending on your unique case. Alimony may be ordered to be paid in fixed amounts over a period of time or paid in a one-time lump sum. A common type of alimony is rehabilitative alimony, where payments are made for a specific time period to assist the receiving spouse in becoming self-sufficient. Long-term alimony may be awarded to spouses who cannot become self-sufficient.
Hire an Executive Divorce Lawyer to Advocate on Your Behalf
Contact MBK Legal today to set up a confidential consultation with one of our attorneys at our Clarksville location. Our lawyers are ready to assist you with your unique divorce, having extensive experience working with high-income clients. We understand the specific needs and challenges that our executive clients face and are committed to working towards a favorable outcome for your divorce.
