If one spouse is a high wage earner, does it change how the Court divides property and debts?No, the property and debts are divided in a "just and right" manner (see question #16) for high wage earners and their spouses. However, dividing the assets held by a high wage earning couple may require a more complex property division because of the types of assets and debts being divided. Those assets may include executive compensation packages, closely held business interests and multiple homes. Other issues that frequently arise in high wage earner divorces are contractual spousal support for a homemaker spouse and payment of private school tuition. What is "just and right" is inherently subjective and does not lend itself to an exact formula. The Court decides on a division that it deems appropriate on a case-by-case basis. Teller Law Firm offers full-service legal counsel and representation in family law matters for clients in the vicinity of Grapevine, Texas (Tarrant County, Dallas County, and Denton County), including communities such as Southlake, Colleyville, Hurst, Euless, Coppell, Flower Mound, Bedford, Keller, Roanoke, Trophy Club, Arlington, Dallas, Fort Worth, Irving, and Denton. |

