Jump To Navigation

Edward Whipps - High Assets | Video Transcript

View this video here

[GRAPHIC: EDWARD F. WHIPPS & ASSOCIATES, FAMILY LAW ATTORNEY, 614-461-6006, 500 South Front Street, Suite 860 Colombus, OH 43215, Where Children Matter Most...]

EDWARD F. WHIPPS: Some of the unique considerations in high asset cases include figuring out what is the real value of a business. The other major issue that we face in complex cases is determining what portion of the property is a marital asset and what portion of it is what's called separate property.

Separate property generally will stay with the person whose separate property it is. But we often face complex tracing problems to see what percentage of a given asset is marital and what percentage is separate.

In a business situation, it's critical to both parties that the business continue successfully. So we want to make sure that whatever we do, we minimize the chance for harm to the business. At the same time, we recognize that we have to offset the value of that business to the other spouse.

Finding the right strategy to accomplish this goal is where experience really matters. Having the opportunity to do this many, many years gives me the opportunity to look at different strategies that have worked, some that haven't, and to come up with unique ideas that help structure the result that we want.

We would invite you to call us. We believe we can help you. An initial consultation is just a telephone call away.

[GRAPHIC: EDWARD F. WHIPPS & ASSOCIATES, FAMILY LAW ATTORNEY, 614-461-6006, 500 South Front Street, Suite 860 Colombus, OH 43215, Where Children Matter Most...]

Two Central Ohio Locations

Columbus Office
500 South Front Street, Suite 860
Columbus, Ohio 43215
Phone: 614-461-6006
Map and Directions

Dublin Office
555 Metro Place North
Dublin, Ohio 43017
Phone: 614-461-6007
Map and Directions