Tip 2 Business interests owned by the spouses can be divided in Texas.
A bad valuation can jeopardize the executive’s interest in the company. So, it is important to hire competent counsel — and forensic experts — to begin the valuation process. Though an executive’s staff can be helpful in this process, the experts should have experience in court proceedings. Ideally, the attorney should educate the executive about the entire property division process and the principles that underlie division of assets in Texas.