Dividing assets during a divorce can be a complex and challenging process, but what exactly makes property “complex” in a divorce? It can include assets that require specialized knowledge and approach, such as valuing a business, tracing assets, dealing with closely held business interests, trusts, and employment benefits. Couples with high net worth, significant pre-marital property, or business interests often fall into this category. However, even couples with an average estate can face complex financial issues or a particular asset that requires an attorney with expertise in these types of cases.
Contrary to popular belief, divorces involving complex property matters don’t always end up in court. The majority of all divorce cases, including those involving complex property, are settled in mediation or even before it. Negotiating a settlement with the guidance of a skilled attorney can have many advantages over having a judge make the decisions for you.
In short, when it comes to divorce and complex property matters, it is important to have an experienced attorney who can guide you through the process and help you reach an acceptable settlement. With the right guidance, even the most complicated cases can be resolved without the need for a court battle.
About the Author
Kathryn Murphy, a powerhouse in family law, is known for efficiently guiding clients through even the most complex divorce cases. A partner at Goranson Bain Ausley, with over three decades of experience and a reputation as one of Dallas’s most respected family lawyers, Murphy has been named Best Lawyer in Dallas by D Magazine for an impressive 9th time in 2023.
Murphy’s expertise is extensive and includes cases involving closely held business interests and property characterization.
Visit our website to learn more about Kathryn Murphy.
