Divorce for individuals with a high net worth comes with higher risks than divorce for the average couple because in Texas, you only get one opportunity divide your marital estate correctly. Because property division cannot be modified, it is critical to get it right the first time.
Hiring an attorney with demonstrated experience in dividing multi-million-dollar marital estates is critical to ensuring that no details are overlooked. The Barron Firm, PLLC regularly handles divorces for industry-leading professionals who have complex assets ensure that their assets are protected.
Additionally, individuals with a high net worth need to consider not only a “fair” division of your marital estate, but tax consequences of that division as well. It is important for your attorney to be familiar with these consequences. At The Barron Firm, PLLC, we participate in extensive continuing legal education to stay up-to-date on the laws surrounding property division and we partner with tax professionals to ensure that our clients minimize the tax consequences associated with property division during divorce.
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