High-Asset Divorce Lawyer In Dallas, Texas
Asset division may seem straightforward during a divorce, but high-value or complex assets can add certain complications to the process. There are certain assets, such as a business partnership, that the other spouse cannot own. Instead, he or she can be compensated with other assets.
Not all assets are equal. For example, $100,000 in a bank account is much different than $100,000 in an IRA. Nonliquid assets possess varying levels of tax consequences, which can create complications during the property division process.
At the law firm Lisa E. McKnight, P.C., in Dallas, Texas, we handle a broad range of high-asset divorces for clients throughout the area. Our lawyer and legal staff have extensive knowledge and understanding of complex property division and the associated tax implications. We can identify and review the community property to properly advise you of your options, as well as the pros and cons for each. Our goal is to help you obtain a division agreement that will satisfy your interests.
Experienced Divorce Attorney For Complex Property Division
Attorney Lisa McKnight and our legal team can assess and valuate any type of high-value assets, including
- Your home
- Second homes or vacation homes
- Residential or commercial investment property
- Family businesses
- Business valuation or partnerships
- Jewelry, fine art and other valuables
- Retirement savings (pensions, 401(k), etc.)
- Stocks and deferred compensation
- Hidden assets
- Undisclosed income
In addition to high assets, we can assist with complications due to debts in both or only one client’s name. For exceptionally large portfolios, we also may consult with financial advisers to help with appraisals.