Navigating the complexities of high net worth family law
Understanding High Net Worth Families A high net worth family is characterized by a family property that surpasses $1 million, excluding their primary residence and any existing debts. While the threshold for financial affluence varies depending on age and location, individuals with $1 million or more in liquid assets, excluding their primary residence and collectibles, are typically classified as high net worth individuals (HNWIs). Key Principles of High Net Worth Family Law High net worth family law encompasses the distinct challenges faced by affluent families, including:...