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High Net Worth Divorce
Individuals with a financially complex estate need an attorney with expertise in large estate divorces. Our attorneys are here to help you through your high net worth divorce and help you avoid costly mistakes.
Unique Challenges in a High Net-Worth Divorce
Texas law requires that all property in a divorce be divided in a “just and right” manner. To reach this result, a court must evaluate the actions of each spouse, assess their educational and professional backgrounds, and consider other relevant factors. The court must also value each asset and debt in the divorce, including houses, retirement accounts and businesses. [*Business Valuation in Divorce]. The larger the marital estate, the more complicated this process becomes.
Handling a divorce with a large estate requires the ability to manage the case effectively and give each issue and asset the time and attention it deserves. Your divorce lawyer must understand the nature of each asset, whether it be the complex bonus structure of one spouse or unique assets in an investment account. This takes experience and support from knowledgeable staff.
Since each case is different, our attorneys can help guide you through the process of assessing, understanding, and dividing your complex estate.
Assembling the Right Team
In a divorce with a large estate, it is rarely just the divorce lawyer who can achieve an informed and proper division of the estate. It may be necessary to hire other professionals to assist with the divorce. This team can include accountants, real estate appraisers, and lawyers with expertise in other areas of law. This team approach two-fold. These experts help value and understand the nature of complicated assets during the divorce. They can also help ensure that the assets are properly assigned and transferred to the spouses after divorce.
Our lawyers have experience with large estates and are eager to help you navigate your high net worth divorce.
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