High Net Worth Divorce Attorney in Houston, Texas
What are examples of complex family assets?
What are examples of complex family assets?
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00:04
well
00:05
they’re a closely held business for
00:06
example a
00:08
family-owned business that’s been
00:10
developed over the years
00:12
can have many nuances for
00:15
a divorce it because that may be the
00:17
sole income
00:18
for the family or both parties may
00:21
contribute to it
00:23
or it may not be a business that has a
00:25
value that can be liquidated easily
00:28
other i would say complex
00:31
assets would be stocks option stock
00:35
options for
00:36
for certain individuals are a common
00:40
salary or common fringe benefit those
00:43
stock options may come
00:45
with particular restrictions on them
00:48
so that the individual may have to
00:52
work a period of time or meet other
00:54
limitations or other
00:55
goals before they achieve the stock
00:58
options
00:59
other assets would be maybe someone has
01:02
a golden
01:03
what we call the golden handcuff
01:04
agreement so that
01:06
they’re going to benefit financially if
01:09
they stay
01:10
with that business or that business
01:13
interest
01:14
and the divorce of course is looking
01:17
at the value of the assets at a
01:20
particular time so
01:21
that can be a complicated asset to try
01:24
to divide
Houston, TX family law attorney Judie Sadler explains complex assets are and what some common examples are.
