Dividing Retirement Accounts in Divorce: A Guide for Austin Couples
Executive Summary How retirement plans are divided in a divorce is often one of the most challenging issues couples face. In Austin, the outcome depends on the type of plan, when contributions were made, and Texas’s community property rules. This guide explains the division of 401(k)s, pensions, and IRAs, the role of Qualified Domestic Relations […]
How Is a 401(k) Divided in a Texas Divorce?
Executive Summary Dividing retirement savings can be a complicated part of an Austin divorce, and the division of a 401(k) in a divorce can have lasting financial consequences if handled incorrectly. This blog explains how 401(k) accounts are treated under Texas community property law, the role of Qualified Domestic Relations Orders (QDROs), common mistakes to […]
Is It Possible to Divorce Without Splitting Assets in Texas?
Executive Summary Dividing property can be one of the most stressful parts of a divorce in Austin. Many couples ask whether it is possible to divorce without splitting assets. The short answer is yes, but only in specific situations. Texas is a community property state, which means most property acquired during marriage is subject to […]
High-Asset Divorce in Austin: Who Gets What When the Stakes Are High?
Executive Summary High-asset divorces in Austin come with unique challenges, particularly when it comes to property division and protecting valuable assets. Under Texas law, most property acquired during marriage is presumed to be community property, but disputes often arise over business interests, investments, real estate, and hidden wealth. Because the stakes are so high, dividing […]
Business Ownership and Divorce in Austin: What Happens to Your Business Equity?
For entrepreneurs and business owners in Austin, one of the most pressing concerns is what happens to their business equity during a divorce. At Deyerle Silva Smith, PLLC, we know how much work, time, and sacrifice goes into building a business, and how important it is to protect that investment. Our team is here to […]
4 Strategies for Protecting Your Assets in a Texas Contested Divorce
A contested divorce in Austin can quickly become a high-stakes legal battle, especially when valuable assets, property, and financial security are on the line. Whether you own a family business, multiple properties, retirement accounts, or investments, protecting your assets during a contested divorce requires preparation, strategic planning, and experienced legal guidance. Below are four strategies […]
How Forensic Accountants Uncover Hidden Assets in Divorce Cases
Imagine navigating the already emotional and challenging process of divorce, only to discover that valuable assets are being hidden from you. Unfortunately, in some divorce situations, individuals may attempt to hide or conceal their assets to avoid equally splitting them with the other party. When this happens, financial experts known as forensic accountants can help […]
Managing Complex Assets in Divorce: Tips for High-Net-Worth Families
Divorce can be challenging for high-net-worth families due to the number of complex assets and the impact on family dynamics. Managing these complex assets effectively requires a strategic plan, expert advice, and a solid understanding of Texas family law to safeguard the interests of both parties. Whether handling real estate holdings, business interests, or investment […]
The Truth About Working with Austin Divorce Attorneys
Divorce is one of the most challenging and emotionally draining experiences a person can face. Whether you’re dealing with a complicated legal battle or seeking an amicable separation, having the right legal representation can make all the difference. For those going through a divorce in Austin, knowing how an Austin divorce attorney can provide support […]
Collaborative Divorce and High Net Worth Couples in Texas
In the realm of family law, collaborative divorce in Texas has emerged as a popular option for couples seeking a more amicable and cooperative way of ending their marriage. This method is usually advantageous for individuals facing a high-net-worth divorce because it offers a constructive way to navigate the divorce process. Emphasizing collaboration and open […]