What Do We Mean When Talking About High-Stakes Divorce in Wichita Falls, Texas?
A high-stakes divorce, child custody or family law matter is one requiring experienced, aggressive and detailed legal counsel and representation. In Wichita Falls, families with high-conflict and high-net-worth concerns are best represented by a divorce and child custody lawyer who thinks outside the box and uses years of experience to their advantage. Maintaining privacy and dignity in divorce and custody cases is also important when sensitive issues become the focus of negotiation and litigation.
The issues involved in a high-stakes divorce can be issues of money as well as custody and parenting. Every custody case is unique as is every family. While determining child support can be straight forward, making decisions in the best interest of the child is not always so easy.
Especially when there are unique family circumstances and dynamics involved, high-conflict custody cases require a seasoned family law attorney with the experience to successfully strategize and navigate a challenging case. A well-experienced divorce and family law attorney, Richard T. Sutherland, is an asset in a serious custody case and high-stakes divorce in Wichita Falls, Texas.
Complex Income and Assets in High-Stakes Divorce and Custody Cases
When you divorce in Texas the assets acquired during the marriage are community property to be divided based on what is just and equitable. There are many factors affecting property distribution and how property is characterized as community property or separate property which was owned or claimed by one spouse before the marriage or was acquired by gift, devise or descent.
Meanwhile, separate property, not subject to division in a Texas divorce also includes a spouse’s recovery from a personal injury award, except for recovery for loss of earning. Determining what is separate property and what is community property can be complex and involve serious conflict and is certainly considered a high-Stakes divorce. Listen to our podcast, Community and Separate Property in Texas for additional details.
Issues involving complicated income and assets also affect how income and net resources are determined for purposes of child support and for spousal maintenance if it applies. Many people have variable income, own business and have other unique income. It is important to use an experienced high-stakes divorce attorney who knows how to address unique income and assets.
Business Ownership, Shareholder Agreements and Liability Challenges
There are many family businesses in North and Northwest Texas where large families share ownership of shares in a business and have business assets and liabilities to consider when getting divorced. There can be premarital agreements, postnuptial agreements with duties and obligations affecting the party in a divorce or related family law action involving money.
Consider the setting where your soon to be former spouse is a seated member of a board of trustees for the family business in which you and your spouse both own shares. Buying out your spouse and negotiating their exit from the board can challenging.
The more complicated things are the more there is to win or lose. The experienced high-stakes family lawyer has seen a few challenges in their years of practice and has an important grasp on what it takes to make sure they have all the facts, use the best business professionals and anticipate tax strategies people may have, all to avoid negative consequences of important decisions.
You may also enjoy this Forbes article, 5 Crucial Steps to Make Your Divorce Less Painful.
A High-Stakes Custody Lawyer in Wichita Falls Who Does Not Back Down Easily
Children only get one chance to grow up right and be ready for a successful transition to early adulthood and their best interests must always come first. Issues regarding children involve parents having rights and duties to make decisions for them, and determine where they reside, go to school and church and more. Medical and mental health issues can also be issues of conflict between parents who do not agree. When parents cannot or will not come to a unique settlement agreement on custody issues, these decisions will be made in Court. Judges prefer parties to come to their own agreements, and while one might not like the other parent’s offer, the judge or jury decisions could be less appealing.
In Texas we call custody, conservatorship and visitation refers to periods of possession or access to the child. While many co-parents are appointed as joint managing conservators, cases involving family violence and child abuse affect conservatorship and can result in one parent being named sole managing conservator and the other a possessory conservator. These are high-stakes child custody issues.
The determination of which person or parent has the right to exclusively determine the primary residence of a child is a contested issue that is the center of many custody trials before a judge and/or a jury. A trial on this issue alone can involve several witnesses, experts and evidence.
For Every Divorce, Modification, Enforcement or Custody Matter, Be Ready for Conflict and Surprises
When a couple decides to divorce, or the divorce become inevitable, they may start the process with the intention of being agreeable on several divorce and custody issues. As cases are ongoing during the process of exchanging discovery and participating in a temporary orders hearing, things can break down.
When agreements break down and conflict grows, it is important to have the advice, counsel and representation of a divorce lawyer with strategy experience. When it gets to the point two people cannot agree on the color of the sky, they rely on their lawyer to help them through the process and help them know their bottom line.
When there is so much to lose, getting it done right is important. When children are involved, their best interests must be the top priority in Wichita Falls family law.
Call Richard T. Sutherland at (940) 691-2100 for your consultation for high-stakes divorce in Wichita Falls, Texas.
Richard T. Sutherland represents people and families in Wichita County, Archer County, Baylor County, Clay County, Foard County, Hardeman County, Jack County, Montague County, Wise County, Young County and Wilbarger Counties in North Texas and has accepted cases in other areas West, North-Central and in South Texas.