Property Division Attorney in Houston, Texas
What issues arise in the division of complex assets?
What issues arise in the division of complex assets?
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well there are two main issues that
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arise with division of complex assets
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and that is uh the first being valuation
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and the second being actual division
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valuation
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is the first step we would need to
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figure out how to put a number on what
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this asset is
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sometimes that may mean getting certain
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documentation to
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show what that account is worth or
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whatever that may be
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other times it may be getting the help
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of an expert or
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of an accountant to help us uh put a
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value to this asset for instance
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with real estate a lot of times we need
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a real estate appraiser to help us value
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that that asset other times if
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for instance a family-run business a
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expert will be necessary to help us
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figure out the value of that business
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and once we have a value we’re able to
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figure out how that asset
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is divided if it’s possible for that
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asset to be divided
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a lot of times a jointly held family
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business is not something that
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you want to continue to have jointly
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held after a divorce
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so in situations like that we need to
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figure out does someone need to get
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purchased out of that
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business and how that would work
Houston, TX family law attorney Rachel Sedita discusses the issues that can arise in the division of complex assets
