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Significant Assets Can Quickly Complicate A Divorce

If you own substantial assets and are facing divorce, you naturally are concerned about how much of your valuables you will get to keep. This is especially true for wealthy professionals and spouses who contributed to their success. Both you and your spouse want to retain as much of the marital wealth as possible. To defend your rightful share of the property and reach a sustainable result, it is necessary to retain a divorce attorney with sufficient negotiation skills, real-world courtroom experience and dedication to your rights under Texas law.

At The Law Offices of Douglas Ray York, P.C. in Houston, our team of attorneys  prepared to guide you through your divorce. We meet the special challenges of high-asset divorce with more than two decades of experience in family law, with a focus on complex property division matters.

Retaining Your Share Of The Wealth

Because Texas is a community property state, every asset and debt that qualifies as jointly owned by both divorcing spouses is divided equally. The rest, which is known as separate property, goes to the spouse who owns it. Accurately identifying which assets are marital property – and which are separate property – is one of the most critical steps in any divorce between affluent spouses. There are precise laws defining community and separate property. We will carefully identify the community property assets, reach accurate valuations of each item and get to work negotiating a settlement with your former spouse.

Division of property can become contentious, especially when there are substantial valuables involved. We can help you retain your property rights over your marital and separate assets, including:

  • Family-owned businesses
  • 401(k)s, Roth IRAs and other retirement portfolios
  • The family home, vacation homes, commercial properties and other real estate holdings
  • Valuable chattels such as artwork and antiques

Note that you did not have to earn the majority of the household income during the marriage to have earned half the value of the community property. Indirect contributions, such as being the primary household keeper and child raiser, can entitle you to an equal share.

Protecting Your Children During Divorce

Our skill at resolving difficult divorce cases involves more than property division. We will protect your children’s best interests through sustainable and practical child custody and child support plans. We will do everything possible to keep your ex from using the children as pawns in your divorce and help you minimize the emotional upheaval for your kids. Our attorneys often work with parents in resolving international child custody disputes as promptly as possible.

Schedule A Consultation With Our Experienced Divorce Lawyers

Call 713-479-5555 to reach The Law Offices of Douglas Ray York, P.C. at our downtown Houston office. You may also send us an email to schedule an appointment.