High Net-Worth Divorce

Guiding our clients with honesty and compassion through a difficult time is what drives everyone at Epstein Family Law.

Dallas High Net-Worth Divorce Lawyer

Assisting Clients with High-Asset Divorce Throughout Collin, Tarrant and Denton Counties

A high net-worth divorce is far more complex than a typical divorce. The process of ending the marriage contract in these cases requires attention to detail and knowledge of how to properly value and divide property. At Epstein Family Law, our founder, Robert Epstein, is board-certified in Family Law by the Texas Board of Legal Specialization and has a rare breadth of knowledge and legal skill to apply to these important, and potentially life-changing legal matters.

Please contact our skilled high net-worth divorce attorney in Dallas for unsurpassed legal guidance. Call our firm at (972) 232-7673 or contact us online today.

What is a High Net-Worth Divorce in Texas?

A high-net-worth divorce in Texas refers to a divorce involving individuals with substantial assets, typically in excess of a million dollars. In these cases, the complexity of asset division is much higher than in an average divorce due to the nature and volume of assets involved.

When facing a high-net-worth divorce, there are several key factors to consider. These factors not only involve the division of assets but also:

the protection of those assets,
long-term financial planning,
considerations for spousal support,
tax considerations.

Our Dallas high-net-worth divorce lawyer can help you navigate these issues effectively.

Community Property vs. Separate Property in a Texas High Net-Worth Divorce

One of the most concerning factors in a high net-worth divorce is asset protection. Over the duration of a marriage, this can become complex with multiple high-value assets that need to be properly valued and divided.

Texas is a community property state. Any assets gained during the duration of the marriage are considered community property, and the property of both former marriage partners, with very few exceptions.
The property owned by each party before the marriage is considered separate property.

What Assets May Need Protection in a High Net-Worth Divorce?

Our approach is professional and strategic, with the goal of protecting the assets of our clients, including but not limited to:

Real estate investments
Vehicles
Bank accounts
Inheritances
Offshore assets
Business assets
Stocks, bonds, trusts
The marital home, vacation homes, other properties
Retirement accounts
Valuable art, jewelry, other unique assets

Choose Epstein Family Law for Your Dallas High Net-Worth Divorce

If you are facing a high net-worth divorce, you need to be confident that your divorce attorney is fully dedicated to protecting your rights and interests. When you work with our firm, you will have direct access to your attorney. Robert Epstein has been recognized on numerous occasions by Best Lawyers in Dallas, SuperLawyers, and most recently, listed in Best Lawyers in America. The fundamentals of our practice are found in the core values on which we operate:

Compassion
Integrity
Honesty
Respect
And that critical component in a successful case, drive.

If you have concerns about the outcome of your high net-worth divorce, schedule a private meeting with us by calling (972) 232-7673.

Are Assets Always Split 50/50 in a Divorce in Texas?

In Texas, property acquired during the marriage is generally considered "community property," which means it is typically subject to a 50/50 division. However, this does not always mean that assets are split exactly down the middle in every case. The division of assets is based on what the court determines to be "just and right," which doesn't always equate to an even 50/50 split.

Several factors can influence the distribution of assets in a divorce, including:

The length of the marriage
The financial and non-financial contributions of each spouse
The earning capacity and financial situation of each spouse
If one spouse accumulated significant debts during the marriage.
If there is a prenuptial or postnuptial agreement in place.

While a 50/50 split is the default in Texas, the court has considerable discretion in how property is divided. In high-net-worth cases, this often results in more tailored decisions based on the unique circumstances of the marriage. A Dallas high-net-worth divorce lawyer can help ensure that assets are properly valued, and the division is handled fairly in accordance with Texas law.

How are bank accounts split in a divorce in Texas?

In a Texas divorce, the division of bank accounts depends on whether the account is considered community or separate property. Accounts opened during the marriage with funds earned during the marriage are typically community property, while accounts opened before the marriage with separate funds may remain separate. Commingling separate property with community funds in a joint account can complicate the division, potentially treating the entire account as community property.

The court divides joint accounts based on an equitable distribution, considering factors such as the length of the marriage and each spouse's financial needs, though it may not always be a 50/50 split. Withdrawals during separation, especially if deemed unreasonable, can affect the division. After the divorce, joint accounts must be closed, and separate accounts set up.

Expert Legal Advocacy for Complex Asset Division

Our firm offers the strategic capabilities, creativity, and a personal drive to resolve challenging cases, whether negotiating with the opposing attorney or presenting a compelling case at trial. Any divorce can be a challenging situation, but a high net-worth matter can be more difficult to resolve, especially when assets are disputed. The ideal outcome will be accepted by both parties, but this is not always possible, particularly in an acrimonious split. At Epstein Family Law, we are driven to perform – it is part of our DNA.

Protect your financial interests.
Call (972) 232-7673 or reach out online to schedule a free consultation with a dedicated Dallas high-net-worth divorce lawyer today.

Our Values What Sets Us Apart

Drive
It is a critical component of getting to the best outcome.
Respect
This means not only our clients but all other parties and professionals.
Honesty
We are in the business of truth. Earning your trust is our top priority.
Integrity
There is no perfect way to do things, but there are right ways. We are conscious driven.
Compassion
Caring is at our core.

Contact Our Offices

We have the experience of handling a wide range of family law issues, with the knowledge and skill to create a tailored approach to each case. Clients can count on our hustle, drive and determination – they are our commitment to your family, and your financial and future goals.