{"id":2351,"date":"2022-02-20T21:59:58","date_gmt":"2022-02-21T03:59:58","guid":{"rendered":"https:\/\/www.mcclure-lawgroup.com\/blog\/?p=2351"},"modified":"2022-02-20T21:59:58","modified_gmt":"2022-02-21T03:59:58","slug":"enforcement-of-high-net-worth-texas-divorce","status":"publish","type":"post","link":"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/","title":{"rendered":"Enforcement of High Net Worth Texas Divorce"},"content":{"rendered":"

\"iStock-1139699594-300x200\"When a couple has complex and high-value assets, the actions required to achieve the property division may drag out long after their Texas divorce.\u00a0 The parties may need to refinance or liquidate certain assets.\u00a0 These ongoing transactions can result in additional disputes and possibly enforcement actions by one or sometimes both parties.<\/p>\n

A husband recently challenged<\/a> a court\u2019s order in favor of the wife in dualling enforcement motions.\u00a0 The trial court entered an Agreed Final Decree of Divorce<\/em> in March 2019.\u00a0 The decree awarded the wife a business, but required her to pay the husband a $770,000 equalization judgment secured by her primary residence and rental properties.\u00a0 She was also ordered to make monthly payments with 3% interest starting in February 2019.\u00a0 She defaulted in 2020, triggering an acceleration clause.<\/p>\n

The decree also addressed the parties\u2019 2017 tax return and liability. The wife would pay $60,000 of the approximate $199,000 liability and any penalties and interest \u201carising solely out of the failure to previously make the $60,000 payment to the Internal Revenue Service.\u201d The parties would split the remaining tax liability, penalties, and interest equally.\u00a0 The wife consented to filing the tax return in June of 2019, but the husband asked to review certain documents before he consented.\u00a0 There was evidence he received the documents in the summer of 2020 and notified the wife and accountant he had identified additional medical expenses within a week of receipt.\u00a0 He ultimately gave his consent to file the day before the enforcement hearing.<\/p>\n

Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

When a couple has complex and high-value assets, the actions required to achieve the property division may drag out long after their Texas divorce.\u00a0 The parties may need to refinance or liquidate certain assets.\u00a0 These ongoing transactions can result in additional disputes and possibly enforcement actions by one or sometimes both parties. A husband recently […]<\/p>\n","protected":false},"author":11,"featured_media":2031,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,491,27],"tags":[5,316,492,319,71,328,318],"class_list":["post-2351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-divorce","category-enforcement","category-property","tag-divorce-2","tag-enforcement","tag-high-net-worth","tag-husband","tag-texas","tag-texas-family-code","tag-wife"],"yoast_head":"\nEnforcement of High Net Worth Texas Divorce — Texas Divorce Attorney Blog — February 20, 2022<\/title>\n<meta name=\"description\" content=\"When a couple has complex and high-value assets, the actions required to achieve the property division may drag out long after their Texas divorce.\u00a0 The — February 20, 2022\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Enforcement of High Net Worth Texas Divorce — Texas Divorce Attorney Blog — February 20, 2022\" \/>\n<meta name=\"twitter:description\" content=\"When a couple has complex and high-value assets, the actions required to achieve the property division may drag out long after their Texas divorce.\u00a0 The — February 20, 2022\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-content\/uploads\/2021\/03\/iStock-1139699594.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kelly McClure\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Enforcement of High Net Worth Texas Divorce — Texas Divorce Attorney Blog — February 20, 2022","description":"When a couple has complex and high-value assets, the actions required to achieve the property division may drag out long after their Texas divorce.\u00a0 The — February 20, 2022","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/","twitter_card":"summary_large_image","twitter_title":"Enforcement of High Net Worth Texas Divorce — Texas Divorce Attorney Blog — February 20, 2022","twitter_description":"When a couple has complex and high-value assets, the actions required to achieve the property division may drag out long after their Texas divorce.\u00a0 The — February 20, 2022","twitter_image":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-content\/uploads\/2021\/03\/iStock-1139699594.jpg","twitter_misc":{"Written by":"Kelly McClure","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/#article","isPartOf":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/"},"author":{"name":"Kelly McClure","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#\/schema\/person\/d242451d01f4b8ae44c765b4296b15f1"},"headline":"Enforcement of High Net Worth Texas Divorce","datePublished":"2022-02-21T03:59:58+00:00","mainEntityOfPage":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/"},"wordCount":1097,"image":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/#primaryimage"},"thumbnailUrl":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-content\/uploads\/2021\/03\/iStock-1139699594.jpg","keywords":["divorce","enforcement","high net worth","husband","Texas","texas family code","wife"],"articleSection":["Divorce","Enforcement","Property"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/","url":"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/","name":"Enforcement of High Net Worth Texas Divorce — Texas Divorce Attorney Blog — February 20, 2022","isPartOf":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/#primaryimage"},"image":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/#primaryimage"},"thumbnailUrl":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-content\/uploads\/2021\/03\/iStock-1139699594.jpg","datePublished":"2022-02-21T03:59:58+00:00","author":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#\/schema\/person\/d242451d01f4b8ae44c765b4296b15f1"},"description":"When a couple has complex and high-value assets, the actions required to achieve the property division may drag out long after their Texas divorce.\u00a0 The — February 20, 2022","breadcrumb":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/#primaryimage","url":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-content\/uploads\/2021\/03\/iStock-1139699594.jpg","contentUrl":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-content\/uploads\/2021\/03\/iStock-1139699594.jpg","width":2121,"height":1414},{"@type":"BreadcrumbList","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/enforcement-of-high-net-worth-texas-divorce\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.mcclure-lawgroup.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Enforcement of High Net Worth Texas Divorce"}]},{"@type":"WebSite","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#website","url":"https:\/\/www.mcclure-lawgroup.com\/blog\/","name":"Texas Divorce Attorney Blog","description":"Published by Texas Collaborative & Family Attorney \u2014 McClure Law Group","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.mcclure-lawgroup.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#\/schema\/person\/d242451d01f4b8ae44c765b4296b15f1","name":"Kelly McClure","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/7f9a434392857fa0f1c071557d1e298705df5691bd0750001911a213a4279014?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/7f9a434392857fa0f1c071557d1e298705df5691bd0750001911a213a4279014?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7f9a434392857fa0f1c071557d1e298705df5691bd0750001911a213a4279014?s=96&d=mm&r=g","caption":"Kelly McClure"},"sameAs":["https:\/\/www.mcclure-lawgroup.com\/kelly-mcclure.html"],"url":"https:\/\/www.mcclure-lawgroup.com\/blog\/author\/mcclurelaw2\/"}]}},"jetpack_featured_media_url":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-content\/uploads\/2021\/03\/iStock-1139699594.jpg","_links":{"self":[{"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/posts\/2351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/comments?post=2351"}],"version-history":[{"count":3,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/posts\/2351\/revisions"}],"predecessor-version":[{"id":2356,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/posts\/2351\/revisions\/2356"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/media\/2031"}],"wp:attachment":[{"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/media?parent=2351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/categories?post=2351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/tags?post=2351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}