Houston High Asset Divorce Lawyer

Houston High Net Worth Divorce Attorney: Protecting Your Assets

A divorce is often stressful and complicated, and those undergoing a high-value divorce must take extra care in the division of assets. Valuing significant assets such as property can be challenging, particularly if foreign assets are involved.

At Skillern Firm Divorce & Child Custody Lawyers, we are experienced in dealing with high-asset divorces, including those with complex marital estates and offshore or foreign assets.  In addition to child-related issues and other divorce matters in Texas, we possess the skills to effectively evaluate and protect critical assets. The experience of our high-asset divorce attorney in Houston gives you the best possible chance of securing an outcome that leads to a bright future.

Contact Skillern Firm Divorce & Child Custody Lawyers

The legal team at Skillern Firm Divorce & Child Custody Lawyers is composed of the very best family law attorneys. We take the time to get to know our clients and adapt to their individual needs. We understand what a stressful time this can be and we want to make the process as easy as possible for you while protecting your rights and lending a sympathetic ear when you need it.

Contact a Houston high-net-worth divorce lawyer today and schedule your consultation. We are here to help you secure the future you deserve, as quickly as possible.

Contact us today at (713) 229-8855.

How Are High-Value Assets Divided in a Houston Divorce?

Houston high-net-worth divorces can be particularly stressful and complicated. Texas is a community property state, which means that assets are divided into separate and community property.

Community Property

In Texas, property acquired during a marriage is presumed to be community property, which means that it is shared by both parties equally. This can include a large marital estate as well as any other substantial assets.

However, Texas Judges have a range of options when deciding how to divide community estate. Community property does not necessarily mean 50-50. A Houston high net worth divorce attorney will know how to fight for distribution of the estate to best serve our client’s interests. Here is one of the areas where a Houston high asset divorce attorney can prove invaluable:

Separate Property

Under Texas law, any assets that an individual party obtained before the marriage is considered separate property and therefore belong to that individual.

However, dividing assets is usually much more complicated, especially in cases involving high-value assets. For example, there may be inheritances or gifts to an individual that were given during marriage, as well as marital assets such as pensions or stock bonds that are difficult to divide.

Important Considerations

Other complex issues that your high-net-worth divorce lawyer can help you to address include:

• What separate property exists that, by law, cannot be divided?
• Is there a prenuptial agreement, and is it enforceable?
• Does the income disparity between the spouses put spousal support in play?
• Is the other spouse hiding assets or downplaying income?
• Were marital assets expended or wasted on an extramarital affair (gifts, housing, travel, etc.)?
• Will one party stay in the main residence, or will it be sold?
• Will child custody be shared? If not, how will the other party support the child?

Child Support

During any divorce, child support is often one of the most contested issues. If your child attends a private school, for example, then you may be concerned about how this will be paid for.

Our Houston high net worth divorce attorney is committed to working with families to create solutions that are best for children and our clients. We are skilled in negotiations and mediation and will work to obtain a fair settlement outside of court where possible. However, where a trial is required, we will be prepared to fight aggressively in front of a Judge.

Valuing And Dividing Complex Asset Portfolios

High-value divorce often involves businesses, foreign assets, bonds, and other complex assets. Our high-asset divorce lawyers have extensive experience that allows us to locate and value assets such as:

• Life insurance policies.
• Trusts.
• Retirement accounts.
• Patents and intellectual property.
• Rights and royalties.
• Private and public companies.
• Family businesses.
• Stocks and bonds.
• Oil and mineral rights.
• Foreign employee benefit plans.
• Domestic and foreign real estate.
• Valuable collections and special items such as artwork or vehicles.

Property division in a divorce quickly becomes complicated, especially where one spouse owns substantially more assets than the other. Fortunately, our high net worth divorce attorney in Houston has the in-depth knowledge necessary to handle your case with the care and consideration it deserves.

Stock Options And Retirement Assets

When handling property division in a high-net-worth divorce, assets that are payable in the future may also be considered. For example, if retirement assets and stock options are neglected during the divorce proceedings, you could end up with an unfair settlement.

Stock options through a spouse’s employment are difficult to quantify.

Therefore, it may be necessary to seek expert advice from forensic accountants and industry leaders to help protect your right to your share of these assets.

Retirement accounts can also pose a challenge. For example, it may be necessary to divide them per a Qualified Domestic Relations Order (QDRO) as a part of the divorce decree. Again, an experienced Houston high asset divorce attorney can prove invaluable in protecting your interests in these situations.

High-asset divorce lawyers at Skillern Firm Divorce & Child Custody Lawyers will take a detailed inventory of all assets, including those more difficult to quantify. We are committed to protecting your rights and will work tirelessly to secure your future, regardless of whether you are the higher-earning spouse or the lower-earning spouse.

Contact a Houston High Asset Divorce Attorney Today

At Skillern Firm Divorce & Child Custody Lawyers, the attorney-client relationship is at the heart of everything we do. We are here to ensure that your rights are protected, the settlement is fair, and you have what you need to move on with your life in the best way possible.

We are committed to family law, and with our extensive experience, we will guide you through the divorce process as quickly as possible. Contact us or give our team a call today at (713) 229-8855.

Resources

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