High Net Worth Divorce: Litigation vs. Mediation, Cybersecurity, and Asset Division with Jonathan Steele
Jamie M. Lima and Jonathan Steele dive into the complexities of high net worth divorce cases. Jonathan shares his expertise in family law, highlighting the challenges and considerations unique to these divorces. They discuss the decision-making process between litigation and mediation, and the intricacies of financial decisions and asset division, including digital assets. The episode explores the role of forensic accountants and the importance of addressing business expenses. Cybersecurity and social media strategies are discussed as critical components, along with insurance and estate planning, focusing on life insurance and trusts.
Key Points
- High net worth divorces require specialized legal expertise to ensure fair asset distribution and avoid being outmatched by the opposing counsel.
- Organizing financial documents such as tax returns and bank statements early in the divorce process can significantly reduce attorney fees and expedite proceedings.
- Social media activity during a divorce can be used as evidence and potentially harm your case, so it's advisable to limit or be cautious with your online presence.
Links you can visit to explore Jonathan Steele's work:
https://x.com/steelefamlaw https://www.instagram.com/beermann_llp/ https://www.linkedin.com/company/beermannllp/ https://www.facebook.com/BeermannLLP/
Jonathan's legal career began with foundational roles at Nadler, Pritikin & Mirabelli LLC, and he advanced to more specialized practice at Beermann LLP. He quickly rose from associate attorney to partner upon his admission to the Illinois Bar, marking a significant milestone in his legal career.
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Transcript
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