High-Asset Divorce And Property Law

Divorce is never easy, but when the divorcing couple have significant money and assets, things can get complicated and frustrating quickly. Gray Becker, P.C. has been serving the legal needs of Texans since 1983, and currently, our firm covers a wide range of family law and estate planning matters, including high-asset divorce, child custody, property division, child support, mediation, probate, wills, and trusts. If you are going through a divorce involving lots of assets you want to protect, our Austin, TX property division lawyer can help you make informed decisions that protect what matters most.

Why Property Division Gets Complicated

Texas is a community property state, which means that most property acquired during the marriage is considered jointly owned. In high-asset cases, that can include real estate, investment accounts, retirement funds, business interests, stock options, and more. Sorting out what is community property versus separate property can become a detailed process that often involves financial records, valuations, and in some cases, forensic accounting.

We help our clients review all relevant property, understand how state law applies to each type, and assess what’s subject to division. This is especially important when one spouse owns a business, has significant investments, or holds assets in trusts or other financial structures.

Valuing And Dividing Assets

One of the first steps is accurately valuing the marital estate. That often requires working with outside professionals to appraise business interests, properties, or collections. Once everything is properly valued, we work to find a fair and lawful way to divide what is community property.

We’ve worked with clients dealing with a range of financial issues, from dividing multiple properties to dealing with hidden assets or complex compensation packages. Our goal is to protect your financial future while working toward a resolution that avoids unnecessary conflict.

Handling Debt And Financial Obligations

It’s not just assets that get divided—marital debt is also part of the equation. Mortgages, credit card balances, business loans, and other obligations have to be assigned during the divorce process. If you have questions about your legal options for dividing marital property or want to understand how debt is divided during a divorce, our divorce lawyers are here to go over these things and provide you with legal advice and guidance.

In high-asset divorces, it’s important to pay attention to both sides of the balance sheet. We work with our clients to help them understand what liabilities they may be responsible for and how those decisions could affect their financial outlook after the divorce is finalized.

Let’s Talk About Your Situation

If you are going through a divorce or contemplating that you need one, Gray Becker, P.C. is here to help. We are a nationally and locally recognized law firm and lawyers, and our accolades come from Austin Top Attorneys 2020, Austin LGBT Chamber of Commerce, Texas Academy of Family Law Specialists, and Best Lawyers | Best Law Firms (in partnership with U.S. News & World Report 2023), to name just a few. If you need help with a family law issue, reach out to us today.