Dissolving a marriage is rarely smooth sailing. Emotions often run high, especially when untangling complex and high-value assets. A particularly thorny issue arises when a financially well-off spouse seeks alimony from the other. Often, this can leave the other party...
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High-Asset Divorce
You can still keep your home after a divorce
Are you worried about losing your home when you get divorced? It’s understandable. You and your spouse are joint owners and you have to divide your assets. You may assume that this means you’ll have to sell the house, transforming it into a financial asset that you...
Texas property division and out-of-state assets
Property division is often a contentious aspect of a divorce involving high-value assets and wealth. To help ensure a fair outcome, you need to understand the different types of property and how courts treat them in a divorce. Entering property distribution...
Unique considerations for high net worth divorce cases
In any Texas divorce proceedings, it can be a complicated matter to resolve issues with property division. This is compounded with couples who have a high net worth. Each person and their lawyers will have unique details to consider to distribute their assets...
What are the odds of doctors’ marriages ending in Texas?
Divorce is all too common among Texas residents of every background. However, some marriages have challenges that might make divorce more common. A survey was done to see the divorce trends in different careers and occupations. The survey found that around 27 percent...
Hiding crypto during a divorce
High-net-worth divorces could involve significant assets. Since Texas is a community property state, martial assets typically undergo an even division when divorcing. One spouse may try to hide assets from the court, and cryptocurrency could be appealing to those...
Worries about spouses hiding crypto
An amicable divorce involves both spouses attempting to dissolve their marriage without much conflict. Not all divorce proceedings follow this approach, and even some seemingly agreeable ones have troubles. For example, one spouse could enter a Texas family court...
Dividing 401Ks, IRAs and annuities
When you're in the midst of a divorce, you've got several things on your mind. Understandably, you may not be thinking about how your high-asset divorce will affect your taxes. However, there are some considerations you should explore when it comes to dividing your...
High asset divorces and executive compensation
Going through a divorce is never easy. However, high asset divorces can be especially difficult. If your soon-to-be ex-spouse was a high-earning Texas company executive, there are likely to be a multitude of financial assets to deal with. Executive compensation...
Issues in high asset divorce as compared to a traditional divorce
All divorces in Texas are not equal when it comes to dividing marital property. Certain factors such as the community property law can make a Texas divorce much different from a divorce in some other states. High-asset divorces can be particularly difficult because...