Austin Divorce Attorney Representing You With Empathy
Divorce can be one of the most challenging and emotional experiences a person can go through. At the Law Office of David A. Kazen, we understand the complexities of divorce. We are here to provide you with compassionate and effective legal representation.
Our experienced divorce lawyer has been helping families navigate the divorce process for over 28 years. We are dedicated to protecting your rights and supporting your best interests.
Complex Property Division For Austin Divorces
One of the most complex and contentious issues in a divorce is the division of property. In Texas, property is divided based on community property laws, making it difficult to determine who is entitled to what.
Our legal team has extensive experience in complex property division cases. We will work with you to identify and value all assets and debts, including businesses, real estate and investments. Our divorce attorney will ensure that all assets are divided fairly and equitably, taking into account the unique circumstances of your case.
Mediation Of Divorce
In some cases, divorce mediation can be a helpful way to reach a settlement agreement outside of court. Mediation is a process where a neutral third party helps both parties come to an agreement on key issues such as property division, child custody and spousal support.
At the Law Office of David A. Kazen, we can help you navigate the mediation process and ensure that your rights are protected. Our legal team has extensive experience in divorce mediation and can help you negotiate a settlement agreement that is in your best interests.
High Net Worth Divorce
Divorces involving high net worth individuals can be particularly complex, requiring extensive knowledge of complex property division laws and financial regulations. Our Austin divorce lawyer has experience working with high net worth individuals and can help you navigate the unique challenges of a high net worth divorce.
We will work with you to identify all assets and debts, including business interests, real estate holdings and investments. We will also ensure to account for tax implications and financial considerations during the property division process.
Interstate Property Division
Divorces involving property in multiple states can be particularly challenging, as property division laws can vary widely between states. Our divorce attorney in Austin has experience navigating interstate property division issues and can help you protect your rights and interests.
We will work with you to identify all property in multiple states and help you follow all property division laws.
Compassionate Divorce Representation For You And Your Family
At the Law Office of David A. Kazen, we understand that divorce can be an emotional and difficult time for you and your family. That’s why we are committed to providing compassionate and effective legal representation that protects your rights and serves your best interests.
We will work with you every step of the way to handle your divorce fairly and equitably. Whether you need help with complex property division, divorce mediation, high net worth divorce or interstate property division, our Austin divorce attorney has the knowledge and experience to help you achieve the most favorable outcome.
Do You Have Questions About High-Asset Austin Divorce?
Divorces involving significant assets are often much more complicated than standard divorces. We understand this, so our family law attorney has taken a few moments to answer some of the frequently asked questions about high net worth divorce that we often hear.
How is real estate such as vacation homes or property such as a boat divided in an Austin divorce?
Texas is a community property state. This means that any assets acquired after the marriage are divided 50-50, unless you have a prenuptial agreement or reach an agreement with your ex-spouse privately. For example, if you and your spouse purchased the vacation home after you got married, you can either sell the home and split the profits 50-50 or have one spouse keep the home and pay the other one assets equal to the value of the home.
What happens if a spouse is hiding assets, and how can a divorce lawyer determine that?
It is not easy to uncover hidden assets. Divorce attorneys frequently hire forensic accountants to examine you and your spouse’s bank accounts and other financial tools. During the discovery process, attorneys can also demand that your ex produce accurate documents or have them testify under oath.
If a judge determines that one spouse has hidden or squandered assets, they can award all the hidden assets or assets of equal value to the ones squandered to the other spouse. Judges can also impose sanctions or financial penalties for hiding assets.
How is a company split in a divorce?
This depends largely on the company. A company formed jointly is marital property and therefore subject to 50-50 division. This could mean that:
- One spouse sells their share to the other.
- One spouse pays the other spouse assets equal to the value of the business.
- Both spouses sell the business and split the proceeds.
- The spouses continue operating the business together.
If one spouse formed the company solely, then the business is considered a separate asset. However, business assets accrued during the marriage are still subject to 50-50 distribution.