At Gray Becker, P.C., we know that any divorce can be challenging, but cases with high net worth tend to involve unique factors that make it even more complex than your average divorce. If you are currently going through a divorce that involves substantial net worth and assets, we can help you prepare for the divorce process while working towards the most equitable judgment from the court. With a high net worth at risk, do not underestimate the impact that this could have on your life. Let our Westlake Hills, TX high net worth divorce lawyer begin protecting your side today.
High Net Worth Divorce Lawyer Westlake Hills, TX
A divorce with high net worth occurs when two people want to dissolve their marriage, and at least one has a high net worth or valuable assets. Our high net worth divorce attorney knows that the presence of these assets and liabilities in the divorce can impact the divorce process in many ways. The division of property negotiation can be complicated in high net worth divorce cases. As our Westlake high net worth divorce lawyer explains, the couple may own several real estate properties or businesses, along with valuable investment accounts and more. Figuring out how to divide property in a fair manner between each party becomes even more challenging. The outcome of a high net worth dispute can be life changing for those in the divorce, so it is not uncommon for it to actually become quite contentious.
There are many examples of high net worth divorces with substantial assets, such as pertaining to real estate, investment accounts, business interests, personal property, deferred compensation, intellectual property, trusts and inheritances, international assets, and more. Texas is a community property state, which means that there will be an equal divide of the marital property upon divorce. Community property refers to property that is acquired throughout the marriage, which can be bank accounts, cars, houses, collectibles, and furniture, and more. Separate property refers to assets that have been acquired before or during the marriage that are excluded from being categorized as community estate.
Why Experience Matters In High Net Worth Divorces
High net worth divorces can involve valuable assets that become a topic of disagreement amidst divorce. When the court assigned values to a home, vehicle, or collectible, that property or item can make the difference between thousands of dollars in equity or more once the divorce has been finalized. You can depend on our high net worth divorce attorney for the following reasons:
- We are strategic attorneys who advocate for your best interests.
- We have received many ratings and awards, such as Austin Top Attorneys in 2020 to Patricia J. Dixon, Texas Academy of Family Law Specialists to Nathan Kennedy, and Austin LGBT Chamber of Commerce.
- Our clients would tell you that we have understood and met their goals and needs, along with truly caring about what is going on in their lives.
High net worth divorces can cause immense worry and anxiety. But you can depend on our Westlake Hills high net worth divorce lawyer to be by your side advocating for you. Contact our team at Gray Becker, P.C. today for immediate assistance!