With Strength And Compassion
Powers Kerr & Rashidi, PLLC
Although ensuring that your assets are secure is one of the most important aspects of any divorce, it is especially true for those with substantial or unique property. Fortunately, there are a few simple steps that Texas residents can take to protect their assets, so if you are thinking about filing for divorce, it is critical to speak with an…
Couples who live in Texas and have unique or diverse assets and are considering divorce may want to consider filing by the end of 2018, as new federal tax laws that affect alimony payments are set to go into effect next year. To learn more about filing for divorce and the effect that the new tax law could have on…
Divorce can be a financially and emotionally stressful time. This is true regardless of how much a couple’s assets are worth, especially when children are involved. However, families with unique or valuable assets do face specific issues when it comes to divorce, such as property division disputes, valuation problems, and attempts to hide assets. With this in mind, it is…
Although Bitcoin is a relatively new type of currency, it is already playing an important role in the finances of many couples. Bitcoin, which is often referred to as cryptocurrency because it has no physical form, is not controlled by any government agency but is maintained in virtual accounts. Despite these major differences between virtual and standard currency, Bitcoin can…
Divorce can be expensive, especially for couples who have accumulated significant assets or are high wage earners. Fortunately, there are steps that divorcing parties can take to reduce their costs and increase the odds of reaching an amicable and fair settlement. To learn more about preparing for a high net worth divorce, please contact a Georgetown high asset divorce lawyer…
Although in many cases it is impossible for divorcing couples to work out their issues in an out of court setting, a large percentage of families are able to come to an agreement regarding custody or property division through mediation. The benefits of mediation are even more important in high asset divorces where the possession of unique assets, such as…
High asset divorces are not only complicated because the property that must be divided is valuable, but also because the assets are often difficult to value or to distribute. For instance, it is not uncommon for Texas couples to invest in local operations that are involved in the production of oil, gas, and minerals. While these investments can be extremely…
Divorce proceedings can be time-consuming and emotional, so many couples breathe a sigh of relief when they are able to successfully negotiate a settlement out of court. Unfortunately, just because parties have agreed to a settlement, does not mean that the other party will comply with its terms. This is especially true in cases where a settlement is the result…
Couples with significant or diverse assets are often forced to grapple with legal issues that don’t apply in most divorce cases. This can make the divorce process not only more complicated, but also more acrimonious, especially when it comes to valuing the family home, so if you are thinking about filing for divorce and have substantial real estate holdings, you…
Although filing for divorce is a stressful time, it is still important that those who have decided to dissolve their marriage take certain initial steps. For instance, the parties involved will still need to pay household expenses, care for children, and perhaps relocate. Failing to address these issues early on can add more tension to an already stressful situation, which…