Grapevine High Net Worth Divorce Attorneys
Professional Support through Texas Family Law Matters
Property division is almost always one of the most contentious, heavily debated aspects of a divorce. When you and your spouse are high-wage earners and/or have accumulated a high net worth during the course of your marriage, division of your assets and property can become even more difficult and complicated.
To schedule a consultation with Grapevine high net worth lawyers, contact us at the Teller Law Firm. We will work diligently to protect what is yours and maintain the lifestyle for which you have worked so hard.
Business Valuation and Property Division Law Firm
Texas is a community property state, meaning that property accumulated during the marriage generally must be divided evenly between the spouses to achieve a "just and right" division. Under certain circumstances such as a disparity of earnings or a disparity of separate property, a disproportionate division has been found to be justified.
The divorce of high-wage earners often creates additional unique issues and concerns, including:
- Classification of property as separate or community property
- Valuation and division of retirement plans (pensions and 401(k) accounts), stock options and investments
- Valuation and division of real estate
- Tracing intentionally or unintentionally hidden assets
- Potential for existing prenuptial or post-marital agreements
- Valuation of ownership in a family business and division that allows for the business to continue
It is crucial that high net worth individuals have the assistance of attorneys experienced in handling complex property divisions when they divorce.
Colleyville Complex Divorce Case Lawyer
Privacy and release of financial details to the public is a common concern for individuals with high earnings and who have accumulated a high net worth, as divorce settlements are often reflected in records that are available to the public. To accommodate these needs, we are able to negotiate agreements incident to the divorce that will not become public record.
Alternatively, collaborative law and mediation also allow for the parties to create a divorce settlement that better reflects their individual needs and concerns and protects their privacy, all while saving time and money.
We welcome the opportunity to help you understand how Texas' community property laws regarding property division apply to your personal circumstances. Schedule a consultation by phone or email. Contact our Colleyville complex divorce case attorneys. We can also help with other issues arising in divorce,including child custody and spousal support.
The 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, Arlington, Dallas, Fort Worth, Irving, Westlake and Denton.