Reputable High-Asset Divorce Lawyer in Huntsville and The Woodlands
Deciding how assets are divided in a divorce can be a touchy and difficult
subject to address, especially when it comes to a high net worth divorce.
Questions of alimony, hidden money and assets, and allocation of property
must be discussed and negotiated.
During this time, it is critical to hire a reputable high-asset divorce
lawyer who has proven experience in divorce financial settlement and trial.
The Law Offices of Andrew J Bolton, Esq., can offer you this competency
and expertise. Call today to arrange your initial consultation.
What happens during a divorce financial settlement?
When you have a consultation with our divorce lawyer, we will take the
time to fully understand your situation so we can best represent your
interests.
Whether you are filing an alimony claim for or against a spouse, there
are some fundamental issues that need to be decided upon and clarified.
Prior to filing suit, we will go over the financial issues that might
arise during the divorce settlement negotiations. For instance:
- Will there be a claim for a disproportionate division of the assets due
to fault in the break-up of the marriage or a disparity in earning power?
- Where child support is likely to be ordered and a party makes a substantial
income, what is the likelihood the Court will increase child support from
the Family Code’s “guidelines?”
- Will there be issues concerning the management of important assets during
the pendency of the divorce (businesses, ranches, farms, etc.)?
- Will there be a claim by a party that another party has hidden assets?
- What will be the living arrangements for the parties while the divorce
is pending?
- Will there be a need for a private investigator or hiring an expert witness
to review finances?
Based upon these and other inquiries, we will go ahead and file suit.
Reducing financial harm
High net worth divorces are often a difficult time between the two parties
involved. As such, we will often seek to have the Court impose a temporary
restraining order upon filing suit. It might sound aggressive, but it’s
often best for both parties, as it prohibits the parties from financially
harming the other while the case is pending.
Revealing hidden money and assets
Unfortunately, it often happens that one or both parties are hiding assets
in divorce. However, while the case is ongoing, the parties will conduct
discovery. Discovery includes:
- Sending to the opposing party a request for admission of certain facts
- A request to respond to certain questions under oath
- A request for needed documents
- An in-person deposition to solidify a party’s contentions prior to trial
This is intended to reveal any hidden assets or money in order for assets
to be divided appropriately in a divorce.
Reaching a divorce settlement
There are a few different ways a high net worth divorce can conclude. Sometimes
it’s possible to reach a divorce settlement through mediation, while
other times the case will go to trial. If that’s the situation,
then your attorney will discuss whether you would prefer the case considered
by a jury or a judge.
Hire a high net worth divorce lawyer
If you’re looking to ensure your interests are fully represented
during your divorce, consult our law office as soon as possible. The sooner
you reach out for an initial consultation, the more confident you can
be in the next steps to take.