Texan residents like you who are getting a divorce may have extra hurdles to jump if you have a lot of assets. Today, we at Law Thompson, P.C., will discuss some tips that you can use if you're dealing with a high asset divorce and all of the struggles that come with it.
When you have considerable assets, you have a lot worth protecting, and you also have a lot to potentially lose in your impending Texas divorce. Typically, high-asset individuals who make their way through divorces want to do everything they can to help preserve their wealth, and there are numerous methods you can employ to help make this happen. One such method many high-asset individuals are choosing to help them get their fair shares amid divorce involves adding forensic accountants to their divorce teams.
When it comes to dividing marital property during a divorce, there are either community property or equitable property states. As a community property state, Texas courts divide marital property in a specific way. When you are preparing for your divorce, it can help to understand how community property law operates.