Divorce dissolves the marital relationship and determines how property, assets, and childcare responsibilities are divided between spouses. This division can raise new and complex questions about what Texas law calls “just and right”. An experienced divorce attorney could help you navigate any legal issues that come up during this process.
The more assets at stake in a divorce, the more complex the case becomes, particularly when distinguishing between marital property and separate property, or if there are disagreements about the value of a business. A Houston high-asset divorce lawyer could provide the insight and legal advice necessary to navigate these complexities and secure a fair outcome.
Texas divorce law generally follows the principle of what is “just and right” when dividing property between spouses. As a result, a court will evaluate what appears equitable, which may not be an equal monetary split.
Factors that may affect the distribution of assets include:
The last factor can prove to be the most complicated, as Texas assumes that assets acquired during the marriage are community property, equally owned by both spouses.
However, some property can remain separate if it was acquired before the marriage, gifted specifically to one spouse, or inherited by a spouse. Spouses may argue that certain property should be considered separate rather than community property.
Marital agreements can also affect how assets are divided. A prenuptial agreement can clearly define separate property and specify whether assets a spouse brought into the marriage will be community or separate. A high-asset divorce attorney in Houston could work to ensure that all property is properly classified and a person’s interests are protected.
A divorce attorney serves a unique role as both an adviser and advocate. They can represent a client in divorce proceedings and evaluate their current financial situation. A Houston lawyer experienced in high-asset divorce cases could review different assets and applicable marital agreements, potentially collaborating with a financial specialist.
When looking at a spouse’s assets, an attorney could determine which are considered separate—and therefore not subject to division—and develop a strong proposal for how a judge should distribute any community property. By carefully reviewing financial records, accounts, and history, legal counsel could build a compelling case for what their client should retain or receive in a divorce.
Equally important, a seasoned attorney could serve as a calming advocate in negotiations, as large amounts of assets, combined with strong emotions, can lead to conflict between divorcing spouses. They could negotiate directly with opposing counsel to allow for a more rational discussion.
If you anticipate dealing with many high-value assets in a divorce in Houston, a high-asset divorce attorney could manage your case and advocate on your behalf for a fair outcome.
Regardless of your individual wealth within the marriage, you deserve to keep your property and receive your fair share of what was accumulated during the marriage. A Houston high-asset divorce lawyer could represent you in negotiations and court proceedings in order to protect your rightful property. To discuss your assets and concerns, schedule an appointment with Day Family Law, PLLC, for a consultation.
Family law is personal, and every situation is unique. We offer clear, compassionate guidance to help you navigate divorce and other family matters with confidence. Contact us to discuss how we may assist you with your case.
