High Net Worth Divorce The fundamental rules for dividing high net worth assets in a divorce are much the same as those for a more modest estate. However, a division of a sizable estate involves much more complicated, detailed issues.
At Hayes, Berry, White & Vanzant, our divorce lawyers are experienced in handling high asset divorce cases and are determined to help professionals, business owners, entrepreneurs and other individuals protect and safeguard their wealth.
As a high net worth individual, we understand the stakes involved in your divorce. We retain the services of experts, such as forensic accountants, financial advisors, certified public accountants, business valuation experts and appraisers. Whether your wealth was accumulated through your business, professional career, investments or inheritance, we offer proven legal strategies to secure your wealth.
Dividing the Assets in High Net Worth Divorce
The first step in the process will be do determine what assets are subject to division. Those assets may include:
- Family Business
- Retirement Plans
- Mineral Interests
- Stock Options
- Financial Accounts
In determining what assets are subject to division, we will identify all of the assets which may involve legal discovery. Once the assets are identified, they will be characterized as community or separate property. This is an extremely important part of the process as it will delineate whether each asset is subject to division.
Once the assets have been identified and characterized it is time to negotiate. Because of the complicated nature of a high net worth divorce, it is rare for cases to settle by informal negotiations. Most cases that do settle will settle in mediation. What sets our divorce lawyers apart from this rest is the level of preparation that takes place prior to mediation. You can rely on us to not only prepare and organize the case, but to also prepare you for what’s in store.
If your high asset divorce does not settle in mediation, it will likely go to trial. Our attorneys are relentless in the courtroom and will put you in the best possession to achieve your goals.
Contact Us for Assistance with High Net Worth Divorce
High net worth individuals come to Hayes, Berry, White & Vanzant because we get results. To learn more about how we can help you preserve your assets, call (940) 387-3518 now to schedule your initial consultation. When you consult with us, our high asset divorce attorneys will explain Texas law on division of property and how it affects your case.
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