High Net Worth Divorce: Litigation vs. Mediation, Cybersecurity, and Asset Division with Jonathan Steele

Broke Up, Not Broke(n)™

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.

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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(0:00) Introduction and Jonathan Steele's background in family law (2:43) Challenges and considerations in high net worth divorce cases (4:57) Choosing between litigation and mediation in divorce (7:06) Navigating financial decisions and asset division, including digital assets (12:44) Utilizing forensic accountants and addressing business expenses in divorce (18:23) Cybersecurity and social media strategies during divorce (22:42) Insurance and estate planning during divorce, including life insurance and trusts (29:16) Jonathan Steele's contact information and closing remarks