High-asset divorces are often complex and fraught with financial intricacies. When significant wealth, businesses, investments and properties are at stake, ensuring a fair and equitable division of assets becomes paramount. This is where forensic accountants step in,...
Divorce can be stressful, especially when it involves high-value assets. Mediation offers a way to manage this stress by fostering cooperation and understanding between you and your spouse. Unlike a courtroom setting, mediation allows for open communication in a less...
Divorce is never an easy process, but it becomes especially difficult for couples owning multiple homes, substantial investment and retirement accounts, stakes in private businesses, luxury vehicles, and trust funds or substantial inheritance. Assets like these...
Divorces involving high-asset individuals such as doctors or business executives can become complicated, especially when offshore accounts and international assets are involved. These assets can be in foreign bank accounts, real estate, businesses, or investments....
Mineral rights basically refer to ownership rights of resources that exist underground. Such resources typically include gas, coal or oil (commonly referred to as fossil fuels), as well as limestone, salt and various metals. Mineral rights refer to both ownership of...
The longer you and your spouse were together in marriage, the more complex and challenging property division proceedings might be if you decide to part ways. Texas is a community property state (one of only nine in the country), which means a judge will split marital...
Many Texas financial institutions use the term “high-net-worth individual” (HNWI) to refer to a client who has more than $1 million in liquid assets. Such clients receive special access to services that are not available to people of lesser means. This HNWI term may...
As you close out your personal affairs and finances for 2023 and make plans for the new year, you might be one of many people who are heading to court for divorce proceedings. If you have children or own a business, then the financial aspects of your divorce will be a...
If you are considering marriage, and you also happen to own a business in Texas, then now is the time to start an asset protection plan. You’ve no doubt worked long and hard to build a successful business, which, perhaps, you hope to pass on as a legacy to your...
Like most spouses in Texas, when you said, “I do,” you expected your marriage to last a lifetime. You looked forward to making memories and building your fortune with the love of your life. When it became clear your fortune was great, but your relationship wasn’t, you...