The term “high asset” is sometimes used when describing a divorce. It’s quite clear that this means the couple has a number of assets between them. What’s not clear is just exactly what a couple needs to have for their divorce to be considered high asset or high net...
High Asset Divorce
Does being wealthy prevent divorce?
On Behalf of Laura Dale & Associates, P.C. | Jun 6, 2022 | High Asset Divorce
You may have heard that one of the reasons people tend to get divorced is because they run into financial stress. You may think that this means they simply don't earn enough money to do basic things like paying the rent or keeping the utilities on. If this is true,...
3 kinds of complex assets that can complicate Texas divorces
On Behalf of Laura Dale & Associates, P.C. | Jan 18, 2022 | High Asset Divorce
High-income and high-asset divorces often become more contentious and complicated than smaller, simpler divorces. Sharing more property with a spouse means that there is more for a couple to fight over at the end of their marriage. A higher standard of living during...
4 steps to being financially organized during a high-asset divorce in Texas
On Behalf of Laura Dale & Associates, P.C. | Jun 23, 2021 | High Asset Divorce
Beginning a divorce can feel like getting a drink from a fire hydrant. Too much, too fast! The mind can begin to spin like a west Texas tornado with all the decisions to make from pets to children. In times of high emotion, the best strategy is to simplify the to-do...
Rising home prices could complicate some divorces
On Behalf of Laura Dale & Associates, P.C. | Jun 10, 2021 | High Asset Divorce
Texas is a community property state, so once you divorce, you expect to split the assets you’ve acquired since your marriage. You assumed, however, that the home you purchased prior to your marriage and kept solely in your name would be your personal property to keep....
How to plan for a high-asset divorce
On Behalf of Laura Dale & Associates, P.C. | Mar 11, 2021 | High Asset Divorce
Getting through a divorce with a successful outcome in Texas is hard enough, but having a high net worth can make a divorce even more difficult. Here are a few tips on how to properly plan for your high-asset divorce. Make a list of all of your assets It's always a...
Protecting finances is key in a high-asset divorce
On Behalf of Laura Dale & Associates, P.C. | Feb 23, 2021 | Blog, High Asset Divorce
With significant assets at stake in a Texas divorce, it can cause myriad challenges that must be addressed from the start. A key factor to remember is how to be protected and shield assets when the property is divided. There are certain steps that people in this...
What is business valuation?
On Behalf of Laura Dale & Associates, P.C. | Feb 8, 2021 | High Asset Divorce
Many high-asset divorces in Texas involve dividing up business assets. Some individuals choose to split the assets, while others sell the business or try to buy their estranged spouse out of the company. Whatever the case, both parties need to know how much the...
Prepare for a New Year’s divorce with these 4 steps
On Behalf of Laura Dale & Associates, P.C. | Nov 24, 2020 | High Asset Divorce
You're pretty sure you want a divorce -- but you've decided to delay formal action until after the holidays are over.That does not mean, however, that you should just sit around and look for ways to kill the time between now and then. Four ways to get ready for your...
Should you litigate or settle your divorce?
On Behalf of Laura Dale & Associates, P.C. | Nov 7, 2020 | High Asset Divorce
When a marriage ends, issues between a couple can quickly turn contentious. When you can't even remember why you ever thought your spouse was a good person, let alone a good match, it's easy to end up in litigation.But is that really your best option? Sometimes,...
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