Temple Family Lawyer
Temple Office
High-Asset Divorce

Complex Divorces with Significant Assets

Experienced Counsel for Your Legal Needs

Divorce can be a challenging and complex process for any couple, but particularly so for the wealthy if there is no pre or postnuptial agreement. Perhaps they accumulated significant assets after getting married, or maybe against the wishes of family or business partners, the couple chose not to do a prenup. Now the marriage is dissolving and it will take serious work to sort it out.

The experienced family law attorney at Young Law Firm can be a tremendous help to couples filing for divorce in Temple and the surrounding areas. Barbara Young can help you avoid costly mistakes when there are complex property division, significant assets, business valuation, stock holdings and retirement accounts to consider. Once all assets have been determined and valued, we formulate an effective plan that works toward a positive resolution.

Common Concerns for All Couples

Any divorce can include resolution of the following issues:

  • Custody: There are different options that include joint custody, legal custody and sole custody.
  • Determining marital property: Generally speaking, marital property is any assets accumulated during the marriage, unless it is inheritance or gift. Texas is a community property state so the courts do not divide assets 25-25, but follow an approach that is appropriately right or just.

Common Concerns in High Net Worth Divorce

The above issues are extremely important, but there are additional concerns when couples with extensive assets get divorced. Our knowledgeable lawyer has experience resolving issues in the following areas:

  • Child support: Families accustomed to a certain lifestyle may want to include private schools, expensive hobbies and activities, or travel.
  • Value of the estate: We are equipped with the in-depth financial knowledge to value domestic and foreign assets.
  • Locating hidden assets: Unfortunately, some spouses try to gain an advantage by hiding assets in offshore banks or foreign accounts. We can find them.
  • Stock options and retirement benefits: These will pay out at a future date, but should be considered during negotiations.
  • Spousal maintenance or alimony: Typically, couples must be married 10 years. There are different types of alimony, but in cases of high-asset divorce, the support needs may be much higher.
  • Sealing court records: Once couples go to court, sensitive personal information such as income or grounds for divorce are a matter of public record. Both parties must agree to move forward with sealing the court records.

We generally try to negotiate or mediate high-asset divorces, believing that most families are best served when a resolution is achieved in a collaborative manner. It should be noted that since court proceedings are open to the public, out of court settlements also provide the benefit of keeping the entire matter private. However, this approach is not always realistic for protecting your individual and parental rights, so we always prepare as if we are going to court.

Contact Us to Discuss Your High-Asset Divorce Needs

Set up your appointment today. Call our Temple office at (254) 327-1884, or you can email us.

Meet Our Attorney

Your Advocate from Start to Finish

Reviews

Recommended & Reviewed by Clients & Colleagues
  • Genuinely cared

    “Barbara Young is an outstanding lawyer. She answered all of my questions in a timely and concise manner when I needed it most. Her understanding of the law and conduct in the courtroom was eloquent ...”

    - David
  • Extremely grateful

    “Barbara and her staff were prompt, oderly, and professional throughout my divorce process. I was always kept informed and updated on the case. I would also like to add that Barbara is straightforward ...”

    - Terris
  • Went above and beyond

    “Barbara Young handled my divorce and then a few years later a child support modification. She did an amazing job ! Mrs. Young was very professional and went above and beyond to make me feel confident ...”

    - Erinn
  • Absolutely the best

    “Barbara and her staff are definitely worth using. My previous lawyer dropped the ball on many occasions, so we switched, and I'm glad we did. She is intelligent and eloquent, and gets the job done ...”

    - Pete
  • I recommend her

    “I really enjoyed meeting with Barbara Young. She is a friendly, fun attorney, and I recommend her for family law matters.”

    - Jared
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Working with Young Law Firm

Get the Attention and Dedication Your Case Requires
  • Generational Work Within Families & Clients
  • The Firm That Other Firms & Attorneys Turn to
  • Close Attention to Detail and Preparation for Every Case
  • Barbara Young is Certified in Family Law by the Texas Board of Legal Specialization
  • A Team of Great Litigators Who Aren't Afraid to go to Trial
  • More Than 30 years of Legal Experience