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Austin, Texas High Asset Divorce Attorney

Austin Texas High Asset Divorce Attorney

Lawyers for Divorces Involving Properties, Retirement and Investment Accounts in Travis County

Most divorces have some amount of disagreement that must be negotiated, mediated or litigated. When a divorce involves high-value assets, those disagreements can become extremely complicated. Choosing an attorney who is knowledgeable and experienced in handling these challenging cases can make a critical difference in the outcome of your divorce. At Powers Kerr & Rashidi, PLLC, we know how to successfully resolve high-asset divorces in a manner that benefits our clients' interests, and are committed to protecting our clients'.

Community Property and High Net Worth Divorce in Texas

In Texas, property acquired during marriage is presumed to be community property, and, therefore, may be subject to division between you and your spouse during a divorce proceeding. Arguments can be made for certain assets to be considered separate property, however. If, for example, a party receives an inheritance during the marriage, the inherited property could very well be declared separate property. Depending on the circumstances, the classification of an asset as either community property or separate property may significantly influence your financial future beyond final resolution of your divorce. The attorneys at Powers Kerr & Rashidi, PLLC, are well-qualified in negotiating and litigating these property issues and effectively advocating for our clients' financial interests.

Valuing and Dividing High-Value Assets

To determine how much is at risk in a high-asset divorce, we frequently need to rely on formal property appraisals. We work with financial specialists to accurately value our clients' assets, including:

Because liabilities are potentially subject to division in addition to assets, we also work with financial professionals to accurately assess marital debt. Additionally, we are experienced in uncovering hidden assets and securing temporary restraining orders (TROs) in order to prevent your spouse from encumbering property or depleting accounts prior to settlement or final judgment.

In addition to arguments related to property division, high net worth divorces often involve disputes over spousal support and child support payments. In Texas, there are statutory maximums on both spousal support and child support obligations. Nevertheless, a skilled attorney can effectively negotiate even on these issues in order to maximize the benefits a client receives from his or her spouse's support obligations.

Contact an Experienced High Net Worth Divorce Lawyer in Austin

When your divorce involves assets of significant value, you cannot afford to entrust your case to a lawyer who is not experienced and knowledgeable in resolving these types of cases. To learn more about how we handle high-asset divorces and how we can help you, contact us online or call 512-610-6199 to schedule a consultation.

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