Property Division in Texas - High Net-Worth Divorce
In situations where one or both parties to the marriage is a millionaire, earns an unusually high income, holds extensive investment assets, or operates a closely held or family business, the community property division problems in divorce can be highly complex. At Bertolino LLP, our experienced divorce attorneys have the business experience and familiarity with complex tax and accounting principles that can make the decisive difference in the outcome of your property division issues. We have extensive experience representing multi millionaires and their multi million dollar estates. Contact one of our divorce lawyers in Austin, Houston or San Antonio to learn about your options in a divorce involving complex marital assets.
One basic problem that affluent or millionaire spouses frequently encounter is the determination of correct values for the different components of the marital estate. We are highly familiar with the techniques of discovery and evidence that are necessary to identify accurate asset values with respect to such property as the following:
- Closely held business properties and corporate shells
- Investment portfolios, held both as trading accounts and as pension or retirement assets
- Real estate such as second homes, time shares, investment property, condominiums used by adult children, or undeveloped land
- Military pension benefits and allowances
- Intellectual property, including websites
- Executive compensation packages, including stock options
- Rights under partnership agreements, operating agreements, or buy-sell agreements
- Appreciated equity in business or professional licenses
- Antiques, jewelry, art collections, classic cars, or similar property
In divorces featuring high-asset marital estates and/or millions of dollars, prenuptial agreements often define the rights of the parties with respect to certain assets, or purport to best characterize a given asset as separate property. We can review any prenuptial agreement for its enforceability and effect on your rights in negotiating the division of the community property.
Our experience with state and federal tax law also enables us to view tax attributes as essential components of your marital estate. We'll consider tax liability, deductions, credits, and exemptions as important elements to best consider in either negotiating or litigating your interests in community property.
Once in a while, it appears that our divorce client's interests stand to be compromised by the other spouse's concealment of assets, fraudulent transfers of property, or improper manipulation of business operations in order to depress the value of business assets. We work with forensic experts in accounting, banking, business management, and other specialized fields in order to protect your interests as fully as possible. When necessary, we can obtain emergency relief in court to make sure that the marital estate is not being wasted or squandered.
Contact a Texas or Florida Family Law Lawyer at Bertolino LLP
To learn more about the full range of our services in the most contentious and complex property division cases, contact a Texas divorce attorney at Bertolino LLP. Bertolino LLP maintains offices in Austin, Houston and San Antonio. To reach an attorney in the Austin office, call 512.476.5757. For the Houston office, call 713.225.7474. You may also contact the firm by e-mail.
