In high-asset divorce cases in Texas, the soon-to-be ex-spouses are rightfully concerned with the property division part of the case and how their financial situation will look in the aftermath of the case. After all, the impact of the division of assets and debts can usually be felt for months or even years after a divorce is finalized. However, there are other serious issues in many divorce cases that must also be addressed.
Alimony, for example, can be one of the most contentious issues in a divorce case in Texas. Oftentimes referred to as “spousal maintenance” these days, many people who are getting a divorce are loath to pay money to an ex-spouse when the primary purpose of a divorce for many people is to sever the relationship altogether. But, alimony is still ordered in many cases.
Child custody and child support are also serious issues that many Texas residents must address in their divorce cases. Although many divorce cases end with a “joint custody” agreement when it comes to child custody, and there are guidelines for the amount of child support that should be ordered in a case, many divorcing couples still devote significant resources to fighting over these issues.
At our law firm, we work with our clients to attempt to help them understand how these issues will play out in their own unique divorce cases. High-asset divorces can be contentious and emotionally-charged cases, which is why Texas residents need to get the right information about their options. For more information, please visit the divorce overview section of our law firm’s website.