Georgetown High Net Worth Divorce Lawyer

Georgetown High Net Worth Divorce Attorney

When handling a high net worth divorce, the stakes are exceptionally high, and the legal issues can be incredibly complex. The Vaught Law Firm, P.C. in Georgetown, Texas, is dedicated to delivering top-tier legal services for individuals dealing with high-asset divorces. Georgetown high net worth divorce lawyers act as a powerful voice for our clients in Georgetown and the surrounding area in difficult proceedings, using detailed research, intense investigation, and innovative legal strategies to provide adequate, trustworthy representation.

High-Asset Divorce in Georgetown and Beyond

While our office is based in Austin, our services extend to clients throughout Texas – including Georgetown. The economic landscape in Texas, including the technology sector in Austin and the oil, gas, and mineral rights prevalent across the state, often contributes to substantial asset accumulation. Our firm is exceptionally equipped to handle the legal intricacies associated with these high-asset situations.

Why Choose Vaught Law Firm, P.C.?

Selecting the right legal representation for a high net worth divorce is an important decision. We provide personalized legal representation focusing on what is right for the individual client, working with each client to protect and preserve their interests. We utilize our collective resources and understanding of high-asset divorce law to provide you with effective representation. Here are a few reasons to consider our firm for your high-asset divorce:

1. Experience and Knowledge
2. Comprehensive Asset Valuation
3. Services Catered to Your Situation
4. Years of Representation in High-Asset Divorces

At Vaught Law Firm, P.C., we understand the unique challenges of high net worth divorces. Our clients benefit from the extensive experience of Jimmy Vaught, a Texas family law attorney with over 40 years of legal experience. He is supported by divorce attorneys Erin Leake and Jillian French, who provide dedicated assistance at every step of the divorce process.

We hire forensic accounting professionals to quantify all assets at their most accurate value for physicians, attorneys, business growth consultants, and senior corporate executives in oil and gas, banking, technology, and other sectors, as well as members and stockholders of closely-held business enterprises and corporate couples.

Addressing Complex Property Division

For high-asset divorces, there are often complicating issues of property and debt characterization and valuation. Our firm addresses these issues on a case-by-case basis. Business assets (including a closely held business or professional practice) are valued and divided in the most appropriate way to secure the clients’ interests. Our team is well experienced in adequately valuing and dividing intellectual property, real estate, and other appreciable assets.

Our Georgetown High Net Worth Divorce Lawyer are skilled in tracing separate property and resolving related disputes. We manage high-earner child support and its attendant challenges and post-decree modifications and address the issue of fluctuating self-employment income versus a stable fixed salary. We divide retirement accounts, investment assets, stock options, and any special classified marital property such as jewelry, art, trusts, and even livestock.

Retirement Account Division in a Texas Divorce

Retirement accounts are often a complicated, important matter in high net worth divorces. In Texas, your retirement accounts are considered a community estate if they were accrued during the marriage. This includes your 401(k) plan, pensions, IRAs, and other retirement accounts and savings.

A new order called a qualified domestic relations order (QDRO) may be used so that you don’t have the state income and/or early withdrawal penalties on distribution. The Vaught Law Firm, P.C. accurately values and divides retirement accounts and fights for you so you can recover from your divorce and start the next chapter in life with the assets and peace of mind you deserve.

High-Asset Divorce Attorney FAQs

Q: What Is a High Net Worth Divorce in Texas?

A: In Texas, a high net worth divorce is when there is a complicated and complex amount of assets to distribute between partners. Handling a high net worth divorce requires knowledge in property division, business valuations, art, and antique appraisals, and how to properly allocate high-value assets and debts. At the Vaught Law Firm, P.C., our professionals help high net worth clients navigate these complexities to reach fair and equitable resolutions.

Q: How Much Is a Wife Entitled to in a Divorce in Texas?

A: In Texas, the law requires that the wife receive a “just and right” division of community property (assets acquired during the marriage.) Texas is a community property state, meaning assets are split equally, 50/50. The state law lists many factors the court might use to make that determination, including the duration of the marriage, each spouse’s financial condition, and their respective contributions to the marriage.

Q: What Is the 10-Year Rule for Divorce in Texas?

A: The Texas 10-year rule outlines when spousal maintenance is available to a spouse. According to this rule, you must have been married for a minimum of 10 years, lack sufficient property to provide for your minimum reasonable needs, and be unable to support yourself through appropriate employment to be eligible for spousal maintenance.

The inability to work must be due to age or a result of a physical or emotional condition that is not the result of your actions.

Q: Can My Wife Take Everything in a Divorce Texas?

A: In Texas, no one spouse can take everything in a divorce. Unless you agree otherwise, Texas courts must divide your marital property in a way that is fair. Courts are allowed to consider factors such as your current financial conditions, each spouse’s earning capacity, and your respective contributions to marital property during your marriage when making their decision.

Contact Us for High-Asset Divorce Representation

Handling a high net worth divorce requires legal knowledge and a comprehensive approach to asset valuation and division. At the Vaught Law Firm, P.C., we are dedicated to providing the highest quality legal services to our clients. With over 40 years of experience, our team is well-equipped to manage the complexities of high-asset divorces, ensuring that our clients’ interests are protected throughout the process.

If you are facing a high net worth divorce in Georgetown or the surrounding areas, contact the Vaught Law Firm, P.C. for legal representation. Our team of Georgetown High Net Worth Divorce Lawyer are ready to provide the support and guidance you need to navigate this challenging time. We are here to help you achieve a fair and equitable resolution.  Contact us today to learn more about how we can assist you with your high net worth divorce.