Bee Cave High-Asset Divorce Lawyer

Experienced High-Asset Divorce Attorney in Bee Cave, TX

Getting divorced can be a complicated ordeal, and a high-value marital estate can make things even more difficult. When your valuable assets may be seriously at risk, it’s vital that you take the proper precautions. Having a valid prenuptial agreement in place can offer very strong protection; however, if you lack a prenup, you may be unaware of other options for protecting your assets from unfair distribution. A Bee Cave high-asset divorce lawyer can help.

Rely on a Trusted Bee Cave High-Asset Divorce Attorney

Our legal team at Heinrich Christian, PLLC, is ready to help you tackle the complexities ahead of you in a high-asset divorce case. While Texas’s high-asset divorce laws can be tough to navigate alone, choosing to hire a high-asset divorce lawyer to oversee your case and provide guidance can help you immensely. Our firm can bring over 25 years of family law experience and dedication to your case. When you need us, we’re here for you.

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Getting Divorced in Bee Cave

If you decide to pursue a divorce in Bee Cave, your case will generally be filed with the Travis County District Court, Family Division. You can find this court at the Travis County Civil and Family Courts Facility in Austin on Guadalupe Street. With a yearly divorce rate of 2.1 divorce cases per 1,000 people, versus an annual marriage rate of 5.8 marriages per 1,000 residents, Texas has its fair share of high-asset divorces. When significant assets are at risk, you shouldn’t take any chances with your divorce case.

Significant Elements of a High-Asset Divorce in Travis County

A divorce is rarely as simple as both parties signing a decree and going their separate ways. There are almost always complications, whether it’s a custody battle or disagreement over asset division. In a high-asset divorce, the disagreements often revolve around the distribution of assets. After all, there may be significant financial gain to be had by both parties, and nobody wants to feel cheated. Here are some significant elements of a high-asset Texas divorce:

• Meeting the residency requirements. Every Texas divorce, high-asset or otherwise, requires either you or your spouse to meet the residency requirements. Either you or your spouse must have been a resident of the state for at least six months and a resident of your filing county, in this case Travis County, for 90 days. If you choose to file without meeting that requirement, the court may not consider your filing until you do meet it.
• Waiting period. Every divorce in Texas also requires a waiting period of at least 60 days after the divorce petition is filed before a judge can finalize the process. This waiting period is provided in case the divorcing parties choose to work things out and abandon the divorce altogether. Even if you’re absolutely sure about your decision, though, you still can’t get divorced in Texas without going through the waiting period.
• Classifying assets. Depending on the scale of your wealth, you may not be fully aware of how much you actually own in joint assets or separate property. Cataloging everything you own, appraising its value, and tracing your separate property ownership is vital in a high-asset divorce. A high-asset divorce lawyer can coordinate with professionals like forensic accountants to give you extra help with evaluating your assets.
• Negotiation. Many divorces are settled outside of court through mediation and negotiation. That’s one of many reasons why it’s so important to have an experienced lawyer in your corner during this ordeal. Your spouse may be willing to concede certain demands if you are also willing to compromise. Talking things out may be beneficial for everyone involved.

FAQs

What Is the Biggest Mistake I Can Make During a Divorce?

While there are many potential mistakes you could make during your divorce, the biggest one is generally letting your emotions drive your legal and financial decisions. Regardless of what led to the divorce, you should not act out of malice, revenge, or hatred. Remember that your ultimate goal here is to sever ties with your spouse in the cleanest way possible. Let your lawyer take control of your case and guide you towards the finish line.

Does My Spouse Get Part of My 401(k) in a Divorce in Texas?

Yes, in Texas, your spouse can get part of your 401(k) if you get divorced in Texas. However, your spouse is only entitled to a just and right split of what you accumulated during the marriage. Any contributions made to your 401(k) prior to the marriage or after the divorce filing are considered separate property and are not subject to asset division.

Can I Sell My House During My Divorce?

In Texas, you often cannot legally sell your marital home during your divorce without first getting a specific court order or consent from your spouse. Many Texas counties issue temporary standing orders when a divorce is filed that freeze community assets and prohibit selling property. If you try to sell a house purchased during your marriage behind your partner’s back or without the court’s knowledge, you could suffer serious legal consequences.

How Does Adultery Affect a Texas Divorce?

Adultery can greatly affect a Texas divorce. Adultery is a legally recognized ground for fault-based divorce in Texas. This means that evidence of your spouse’s infidelity can have an impact on property division and spousal support, although it may not affect any custody arrangements unless their behavior is directly harming or has harmed your child. If your spouse used marital funds to pay for an affair, documentation of that behavior can greatly help your case.

Hire a High-Asset Divorce Lawyer Today

In a high-asset divorce, the last thing you want to do is put your assets at risk by not investing in the right legal representation to help you through this complicated process. At Heinrich Christian, PLLC, we can guide you through your divorce in Bee Cave the right way, help you gather evidence that may help your position, and advocate for you throughout your case. Contact us to speak with a member of our team about what we can do for you.