Divorce is always complicated, but divorces involving high-value estates can be especially complex.
Individuals with a high net worth need a lawyer who can confidently navigate the complexities of high-asset divorce.
Find out why men and women throughout the Dallas-Fort Worth area choose Donna J. Smiedt in Arlington, TX, for high-asset divorce representation...
A Board-Certified Attorney Who Cares about Your Future
Attention to Detail
Divorces involving high-value estates require the help of lawyers with extraordinary attention to detail that will allow them to track down and properly quantify all assets. Our team of divorce lawyers has helped many clients to protect their best interests.
Even if you know it's the right decision, divorce is always an emotional and stressful experience. Our divorce attorneys treat our clients with compassion and sensitivity, and strive to make ending your marriage as easy and stress-free as possible.
What Constitutes a High-Asset Divorce?
High-asset divorces frequently involve:
- Domestic and foreign real estate
- Privately and publicly held companies
- Life insurance policies, proceeds, and annuities
- Rights and royalties to oil and mineral deposits
- Professional practices and partnerships
- Patents or other intellectual property
- Stock options
- Domestic and foreign employee benefit plans
- Money market and other financial accounts
At the Family Law Firm of Donna J. Smiedt, Donna and her team understand how to locate and assess all domestic and foreign assets.
Request a Consultation Today
If you and your spouse are heading towards a high-asset divorce, you need a lawyer who knows how to handle even the most complicated divorce cases. You need a divorce lawyer like Donna J. Smiedt, who proudly serves clients throughout Southlake and Westover Hills.
In addition to Ms. Smiedt's status as a Board Certified Family Law Attorney - Texas Board of Legal Specialization, other factors that set our firm apart include:
- Our excellent reputation throughout greater Dallas-Fort Worth
- Our ability to act as mediators or counsel in divorce mediation
- Our welcoming office and divorce therapy dogs!
To request a consultation with the Family Law Firm of Donna J. Smiedt in Arlington, TX, fill out our online form or call
Real 5-Star Reviews
"Do you recommend Donna Smiedt?" OF COURSE I DO. She is one of the smartest lawyers I've ever known and she uses all of that intelligence to help her clients, first and foremost. That's what I call Relevant Competence - talent that matters because it is used to help real people with real challenges. She knows how to get people "across the finish line." And, she is highly regarded in the world of law and the courts. That's critical. You can't go wrong by hiring Donna Smiedt.View On Google
I’ve hired Donna and her team for multiple child custody cases. She’s been nothing but kind, caring, honest, and professional during these extremely emotional and stressful times in my life. She always makes me feel like I’m her only client, and puts me at ease with her abilities and knowledge of the law. She’s won every case for me and I don’t know what I would have done without her and excellent team of paralegals and attorneys. She definitely gets the job done and more!! I highly recommend her for any family law issues.View On Google
Property Division in Texas
In Texas, all assets acquired by you and your spouse during your marriage are considered "community property," meaning they belong equally to both of you regardless of who made a purchase or who earned the most money. Assets that would be considered separate and not part of the community property include anything acquired before the marriage and anything left to a specific spouse as inheritance.
Texas allows for both fault and no-fault divorces (a fault divorce is premised on one spouse's wrongdoing, while a no-fault divorce does not require that a spouse does anything wrong). In a no-fault divorce, community property is almost always divided equally between the two spouses. In a fault divorce case, the party who is not at fault can sometimes have an advantage regarding property division, child custody, child support, and spousal support.
The division of community property can become especially complex when assets are commingled or hidden. In some cases, our Arlington divorce lawyers recommend our clients file a financial restraining order to prevent spouses from changing the financial status of an estate before the final agreement is settled.
"Look No Further"
If you're looking for representation, help or advice, look no further. Andy Carl Valentin - 5-Star Google Review - 2019
Prenuptial or Post-Marital Agreements
Many couples in the greater Dallas-Fort Worth area with high-value estates have signed either prenuptial or postnuptial agreements. In the event of a dissolution of the marriage, interpreting and enforcing these documents correctly can have a significant impact on a high-asset divorce. Our Arlington divorce lawyers have the training and the skills necessary to properly handle these contracts.
Although prenups and postnups are legally binding contracts, there are viable strategies for contesting their validity. For example, if one spouse had hidden assets at the time that the document was signed, and those assets came to light later, the agreement may be invalidated. Or, if one member of the couple believes that they were forced to sign a document against their will, the contract may not hold up in court.
When prenups and postnups are involved, many Texas courts require separate contract litigation to explore the terms of the agreement and the conditions under which the documents were signed. When you enlist the aid of our Arlington divorce lawyers, we will protect your best interests during prenuptial or postnuptial agreement litigation.
High-Value Assets in a Divorce Case
High-asset divorces usually involve properties and holdings that are more difficult to divide than a simple savings account. When you have complex assets in your portfolio, ending a marriage can be especially stressful. Fortunately, our Arlington divorce lawyers are able to help you understand your rights and ensure that any property division is conducted properly.
Our divorce attorneys are able to investigate and negotiate the distribution of assets such as:
Dividing business assets can be complicated. Assets derived from a family-owned business are typically divided equally. Ownership interests in a corporation are also divided equally, but property technically owned by the corporation is not subject to division in divorce court. Our Arlington lawyers are familiar with the subtleties of business assets and have helped business owners maintain their success even through a divorce.
Real property is subject to the same definitions as any other asset. Real property acquired during the marriage is considered community property, while any real property owned before the marriage, or acquired directly through gift or inheritance, is considered separate property. There are several approaches a couple can take to equally dividing real property, such as a house. Our divorce lawyers will help you figure out the best plan for your situation.
Many high-value couples in greater Dallas-Fort Worth have term or permanent life insurance policies that need to be reevaluated in a divorce. In general, an ex-spouse will no longer be considered the beneficiary of a life insurance policy after a divorce is finalized, unless specific "decrees" are properly filed. The divorce lawyers at our Arlington law firm can help you understand the nature of your policy and make sure it continues to meet your best interests.
Investment accounts created during your marriage are generally considered community property and should be divided equally. Unfortunately, it is not uncommon in high-asset divorce cases for one spouse to have investments kept hidden from the other spouse. At our Arlington law firm, we have relationships with financial experts who can help our clients locate and evaluate all investments relevant to their divorce proceedings.
You Deserve to Be Treated Fairly
Whether you are the higher- or lower-earning spouse in your marriage, you need a lawyer on your side during a high-asset divorce. Without proper legal representation, you are at risk of losing property that should be yours.
At the Family Law Firm of Donna J. Smiedt in Arlington, TX, we advocate passionately for our clients and make sure that their rights are fully protected. Either in mediation or in court, our attorneys can keep the other side from taking advantage of you and give you the best possible start to your new life.
If you are interested in learning more about how Ms. Smiedt and her team can help in your specific situation, request a consultation with our attorneys today. We can conduct initial consultations in person at our Arlington office, or during an online consultation that you can attend from the comfort of your home. To request a consultation, fill out our online form or call
"Ethical and Well-Respected"
Donna was my attorney during a very difficult divorce. She is very supportive, professional, ethical and well-respected by her clients, the judges and DFW legal community. Her staff is fantastic. Valerie Moore - 5-Star Google Review - 2019
High-Asset Divorce and Child Custody
For many parents, the most difficult aspect of ending a marriage is the question of child custody. The divorce attorneys at our Arlington law firm are very familiar with child custody negotiations and always want to make sure that the best interests of the children are considered first.
In theory, child custody is not handled any differently in a high-asset divorce. The focus of Texas family law is to find the best arrangement for the children. Of course, the financial stability of either parent can affect how a judge in family court may rule. That's why it is especially important that you have a dedicated divorce lawyer on your side who can make sure your financial interests are protected during your divorce case.
High-Asset Divorce and Child Support
The question of child support can become a hotly contested issue in a high-asset divorce. In Texas, the parent without primary custody is usually required to pay a percentage of his or her income to the other parent as child support. However, in cases where the parent paying child support has a high monthly income, there is a cap on how much income can be considered in this calculation. The cap changes from year to year based on increases in the cost of living.
While the law states that only a certain amount of a high-earner's income is subject to child support calculations, it also provides judges in family court with the ability to make an exception to the income-cap rule and require a high-earner to pay more. The judge can make this decision if he or she feels that it serves the best interests of the child.
High-Asset Divorce and Spousal Support
Spousal support, also known as spousal maintenance or alimony, is sometimes required of high earners when ending a marriage in Texas. High earners will have to pay spousal support if they have been convicted of a family violence offense within two years of the divorce, or if their ex-spouse is deemed to lack earning ability.
Spousal support payments will not last forever. Depending on the length of your marriage, alimony will only be required for five to 10 years. Parties can negotiate alternatives to spousal maintenance in divorce mediation, and financial professionals can help high earners utilize certain strategies to minimize the amount of taxes paid on spousal support payments. When you work with our Arlington divorce lawyers, we will help you arrange an alimony situation that is just and reasonable.