Navigating the Challenges of High-Net-Worth Divorce in Texas

 Posted on May 12, 2025 in Divorce

High-net-worth divorces, sometimes called high-asset divorces, require a good understanding of financial valuations and complex property division law. The more assets you have to divide, the more complicated the divorce process can be. A Denton, TX high-net-worth divorce attorney can provide the clarity and support you need, ensuring you make the best of Texas’s community property laws.

What Are the Characteristics of a High-Asset Divorce in Texas?

Texas is a community property state, meaning that property acquired during the marriage is considered community property. Property possessed by either spouse during the marriage is also presumed to be community property unless you can prove it is separate. Everything deemed community property is divided equally in divorce.

High-net-worth/high-asset divorces involve not only a substantial portfolio of assets but often more complex assets and liabilities. You may have extensive real estate holdings and business interests, making the stakes higher for conflict. Complex assets require careful evaluation, and an experienced attorney will ensure they are valued correctly.

What Are Some Common Challenges With High-Asset Divorce in Texas?

A major concern in high-asset divorce is hidden assets. It is not uncommon for one spouse to try to hide assets to avoid division, and the legal recourse can be extensive. You may need professionals, such as forensic accountants, to evaluate financial documents and uncover undisclosed property.

Additionally, high-asset divorce can have a greater mental and emotional toll. Divorce is already a sensitive matter, full of confusing and conflicting emotions. You may need to develop coping strategies and access resources, like support groups or counseling, to help you navigate the divorce process.

What Are the Key Considerations in a Texas High-Asset Divorce?

Every type of divorce has key considerations. Those that are especially important in a high-asset divorce include:

• Asset valuation: Texas law uses precise valuation methods to determine the worth of businesses, real estate, and other high-value assets. For example, valuing your business means assessing its market value, financial status, and potential for future earnings.

• Tax implications: Often, property divided in high-asset divorces can have substantial tax consequences. Your attorney will work with you to develop strategies to minimize the implications and take advantage of tax benefits.

• Alimony: Spousal support is a common factor in high-net-worth divorce, and the payments can be high. Working with an attorney to negotiate alimony is crucial.

Your legal representative’s primary concern is protecting your interests, which can be significantly more complicated in a high-asset divorce.

Contact Our Frisco, TX High-Asset Divorce Attorneys for a Free Consultation

At The Law Office of Linda Risinger, our Collin County, TX high-net-worth divorce lawyers have been practicing family law in Texas for over 30 years. We understand the need for an aggressive approach to property division in a high-asset divorce and will always prioritize protecting your rights. If you have questions about how divorce in Texas will impact your asset portfolio, call 972-294-6533 to schedule a free consultation today.