Dividing Large Assets during a Divorce
Property and asset division are nearly always part of a divorce, as partners must fairly divide the property and belongings that they jointly own. While this process can be complicated in any situation, it may be particularly so when the marital estate is large. For example, when a couple owns many properties, businesses, or assets, making sure everything is divided fairly and that assets aren’t missed can be stressful and laborious. Fortunately, with the help of a legal professional, divorcing couples with large assets can more easily ensure that your assets are properly divided and your interests are protected.
Evaluation of Assets and Property
Fair division of assets and properties in a large marital estate can result in a drawn out process, as the assets need to be identified and evaluated. During any property division process, certain assets, such as homes and cars will likely need to be considered; however, when it comes to large marital estates, the following assets will generally need to be evaluated and divided:
- Real Estate
- Stock Options
- Professional Practices
- Retirement Accounts
- Investment Accounts
Each of these holdings ought to be considered in property and asset division during a divorce involving a large marital estate. Even a small mistake could mean that you don’t get a fair division, which could affect your future happiness and financial stability.
Discuss Property Division with a Houston Divorce Attorney
If you have a large marital estate and are going through divorce, it’s critical that you protect your investments and property. Contact our Houston-based attorneys at Holmes, Diggs & Sadler to find out how we can guide you through this process and protect you interests by calling (713) 802-1777.