HOUSTON HIGH NET WORTH DIVORCE ATTORNEY
Divorce can be complicated and frustrating, but those involving significant assets and financially complex estates often become more confusing and contested in court. If you are involved in a high net-worth divorce, you deserve an experienced Houston high net worth divorce lawyer that will handle every aspect of your case and advocate for your rights. At Moffett Law Firm, our professional attorneys have over 30 years of experience managing high-asset divorce cases in Texas, including complex property division and valuation disputes.
We provide thoughtful legal advice and aggressive advocacy. With our guidance and support, you have a better chance of achieving the most favorable outcome in your divorce, whether obtained through negotiation, mediation, or in court. Our Houston lawyers have extensive knowledge of the high net-worth divorce process, so you can rely on us to make the best decisions for a positive outcome.
The Importance of an Accurate Property Valuation in High Net Worth Divorces
For divorce clients with high-asset estates and complex financial portfolios, the valuation and division of marital property require close attention and skilled analysis. The Houston high net worth divorce attorneys at Moffett Law Firm have experience working with financial experts evaluating assets of all types, including:
- Real estate
- Stock options
- Trust property
- Business and partnership interests
- Insurance policies
- Pensions and retirement accounts
- Foreign and overseas properties
Our legal team is well-versed in the valuation techniques and strategies needed to present the most favorable argument for our clients. We frequently utilize experts in forensic accounting to assist in valuing businesses, tracing money and expenditures, and determining income. We also work with private investigators to discover hidden assets and income streams and to ensure all property is accounted for.
How Is Property Divided in Houston High Net Worth Divorces?
When getting a divorce in Texas, it’s important to note the state uses a community property system to divide assets. This means money and property a couple has acquired during their marriage is split evenly in a divorce, including debt. Any property or financial assets obtained before the marriage is considered separate property, so it is not divided between the spouses. There are some exceptions to this rule. For example, property you inherit or receive as a gift during your marriage is considered separate property.
Distinguishing separate property from community property can be a complex endeavor, especially in high-asset estates where money and assets have been commingled. We work closely with you to identify and characterize separate properties and resolve any separate property disputes in your favor. In addition, if you entered into a prenuptial agreement before marriage or a postnuptial agreement during marriage, we can help you analyze the strength and effect of that agreement.
Common Concerns in Texas High Net Worth Divorces
Because every divorce case is different, each one has unique concerns. However, the following issues tend to be common in high-net-worth divorces:
Hiding Assets
In high net worth divorces, one spouse may try to hide assets to avoid splitting them. We can help you get a full financial picture of your case by utilizing resources like forensic accountants, appraisers, and investigators. Uncovering hidden assets can be difficult, but if you suspect your spouse is hiding money, we can assist you in locating it.
Tax Consequences
Filing taxes is a complex process, and it can be even more frustrating after a high net worth divorce. While there are ways you can transfer assets between you and your spouse to reduce tax consequences, this can be difficult to do alone. Our Houston high net worth divorce lawyers can inform you about the ever-evolving tax code and how it could impact your divorce.
Contact a Trustworthy Houston High Net Worth Divorce Lawyer
Going through a divorce can take a toll on you, especially if it involves high net worth. These cases often take advanced skills and years of experience to fully understand and effectively navigate. Our highly qualified Houston high net worth divorce lawyers at Moffett Law Firm have over three decades of experience successfully handling high net worth divorce claims. You can rely on us to implement innovative strategies to achieve a positive outcome.
We understand that every divorce case is unique, so we create a customized legal plan based on your circumstances. Our skilled lawyers work hard to fight for your best interests and preserve your wealth and future. With our knowledge and resources, we can help you evaluate your property and every other aspect of your divorce. To schedule a consultation, call (713) 333-5800 or fill out our contact form.
