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Arlington | Complex Divorce
The Law Office of Wendy L. Hart
Complex Divorce
Divorce under any circumstances is nearly always a challenge, even if it’s amicable. When the marital estate includes a business or other high-value assets, the challenge increases quickly. For families and business owners in Arlington and the greater Mansfield area, navigating a complex divorce can feel overwhelming. Whether you are dealing with high-value assets, shared business ownership, or intricate property division, the process demands specialized legal expertise.
Our Mansfield-based family law firm is dedicated to providing clear, compassionate, and results-driven representation for clients facing complex divorce in Arlington. With a focus on serving business owners and professionals, we are your trusted Arlington divorce lawyer for business owners and high-asset individuals.
What Is a Complex Divorce in Arlington?
A complex divorce typically includes significant assets, business interests, or other complicating factors that make the legal process more challenging than a straightforward dissolution of marriage. Complex divorces in Texas often involve:
- High-value or diverse assets: Real estate, investment properties, stocks, bonds, retirement accounts, and other financial holdings.
- Business ownership or professional practices: Whether the business is owned solely by one spouse or jointly by both, its valuation and division are often central issues.
- Comingled assets: Separate property that was owned before marriage or received as a gift or inheritance and became intermixed with marital assets, requiring detailed tracing and expert analysis.
- Out-of-state or international holdings: Assets or properties located outside Texas or the United States.
- Disputes over spousal support (“alimony”): Complex calculations and negotiations regarding maintenance, especially in long-term marriages or when one spouse has significantly higher earnings.
- Hidden assets or income: Situations where one party may attempt to conceal assets or income from the other.
Why You Need an Arlington Divorce Lawyer for Business Owners
Business Valuation and Division
Determining the true value of a business is a critical step in any complex divorce involving business ownership. Texas is a community property state, meaning that assets acquired during the marriage are generally considered marital property and subject to division. However, if the business was started before the marriage or is classified as separate property, the division becomes more nuanced.
Our firm partners with business valuation experts, forensic accountants, and financial professionals to ensure an accurate assessment of your business’s worth. Accurate valuation is crucial for securing a fair settlement and safeguarding your financial future.
Protecting Your Business Interests
Partnership or operating agreements may dictate what happens in the event of a divorce, even if both spouses agree on the business value. Our attorneys are skilled in reviewing these agreements and advocating for your interests, whether negotiating a buyout, dividing assets, or arranging alternative compensation.
If you decide to continue running the business post-divorce, we can help structure agreements that allow for a smooth transition and ongoing success. If you are the non-owner spouse, we will fight to ensure you receive your fair share of the marital estate.
Navigating Commingled and Hidden Assets
- When separate and marital assets become commingled, untangling them requires meticulous legal and financial analysis. Our team is experienced in tracing the origin of assets and distinguishing between what is truly separate and what is community property.
We are also adept at uncovering hidden assets or income, which is not uncommon in high-asset divorces. Our thorough investigation and use of expert resources help ensure that nothing is overlooked during the property division process.
Addressing Spousal Support and Tax Implications
- Texas does not automatically award spousal support. The court considers factors such as the length of the marriage, each spouse’s earning capacity, and financial circumstances before awarding maintenance. Our attorneys provide clear guidance on your eligibility for spousal support and help negotiate or litigate favorable terms.
We also advise clients on the tax implications of property division and support payments, helping you make informed decisions that minimize your financial burden.
Business owners face unique challenges during the divorce process. The fate of your business may be at stake, whether it’s a professional practice, a closely held corporation, or a partnership. Here’s why working with an Arlington divorce lawyer for business owners is essential.
Addressing these issues with strong legal representation ensures that your rights are protected and that both parties receive a fair settlement.
Get In Touch
Phone
(817) 842-2336
Address
200 W. Oak Street Mansfield, TX 76063
Business Hours
Mon - Fri: 8:30 am - 4:00 pm
Wendy has worked on two separate family issues I have had. She always provides sound advice and recommendations regarding family law. She will always be the first person I go to when I have a question or a problem.
– Darcy
The Complex Divorce Process in Arlington
- Initial Consultation and Case Assessment. Our process begins with a thorough consultation to understand your unique situation. We review your assets, business interests, and any other complicating factors to develop a tailored legal strategy.
- Gathering and Analyzing Financial Information. We work closely with financial experts to collect and analyze all relevant financial documents, including business records, tax returns, bank statements, and investment portfolios. This ensures a comprehensive understanding of your marital estate.
- Asset and business valuation. Our team coordinates with valuation professionals to determine the true worth of your business and other significant assets. This step is critical for negotiating a fair settlement or presenting a compelling case in court.
- Negotiation and Mediation. Whenever possible, we advocate for negotiated or mediated settlements. This approach can save time, reduce costs, and minimize conflict. However, if your spouse is unwilling to cooperate or disputes arise, we are prepared to litigate aggressively on your behalf.
- Court Proceedings and Finalization. If your case goes to court, our attorneys have extensive trial experience in Arlington and Tarrant County family courts. We present clear, persuasive arguments to protect your interests and achieve the best possible outcome.
Why Choose Our Mansfield Family Law Firm for Complex Divorce in Arlington?
Who you choose to represent you can significantly impact the outcome of your divorce. The Law Firm of Wendy L. Hart is your best choice because of our:
- Specialized Expertise: Our attorneys have deep experience handling complex divorce cases, including those involving business ownership, high-value assets, and out-of-state holdings.
- Client-Centered Approach: We take the time to listen to your concerns and tailor our strategy to your goals and priorities.
- Strong Local Knowledge: With a presence in Mansfield and a focus on serving Arlington and the surrounding areas, we understand the local court system and legal landscape.
- Collaboration with Experts: We work with a network of financial professionals, business appraisers, and forensic accountants to ensure accurate valuations and comprehensive representation.
- Compassionate Advocacy: We recognize that divorce is a challenging and emotional time. Our team is committed to providing compassionate, respectful support throughout the process.
Frequently Asked Questions About Complex Divorce in Arlington
Q: How is a business divided in a Texas divorce?
A: If the business is considered community property, it is subject to division between the spouses. The court may order a buyout, division of assets, or other arrangements to ensure a fair outcome. If the business is separate property, only the increase in value during the marriage may be subject to division.
Q: What if my spouse hides assets during the divorce?
A: Our attorneys are skilled at uncovering hidden assets through thorough investigation and the use of financial experts. We will fight to ensure all assets are accounted for and fairly divided.
Q: Can I continue to run my business with my ex-spouse after the divorce?
A: Yes, some couples choose to maintain a post-divorce business relationship. Our firm can help draft agreements that protect your interests and clarify roles and responsibilities.
Q: How long does a complex divorce take in Arlington?
A: The timeline varies depending on the complexity of the case, the level of cooperation between the parties, and whether the case goes to trial. Most complex divorces take several months to a year or more to resolve.
Q: What should I look for in an Arlington divorce lawyer for business owners?
A: Look for an attorney with experience in business valuation, property division, and complex financial matters. Choose a lawyer who understands the unique challenges faced by business owners and is committed to protecting your interests.
A business owner facing a complex divorce in Arlington requires skilled legal representation and a thorough understanding of Texas family law. Our Mansfield family law firm is here to guide you through every step of the process, from business valuation and asset division to negotiation and litigation. As your trusted Arlington divorce lawyer for business owners, we are committed to protecting your interests and achieving the best possible outcome for your future.
The Law Office of Wendy L. Hart
If you are dealing with a complex divorce in Arlington or need an experienced attorney to represent your business interests, contact our firm today for a confidential consultation. Let us help you navigate this challenging time with confidence and clarity.
Contact us today to schedule your initial consultation. We represent both men and women in divorces and other family law actions. We’re available by appointment for clients throughout Tarrant County. You can also reach us at 817-842-2336.
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