When a Texas couple realizes that continuing their marriage is no longer the right path for them under the circumstances, there may be emotion and uncertainty. However, sooner or later, it is time to get down to the business of divorce. Among the first priorities is the consideration of who will get what in property division. Sometimes a property settlement can be reached without too much difficulty, but in many cases, especially involving high-asset couples, there is no simple solution, and the dispute becomes bitter. Each party has the right to put forward the best argument as to why he or she should be awarded certain assets, but there are rules that must be followed.

It is both improper and illegal to be deceptive when it comes to declaring which assets are up for consideration during the divorce process. Again, it is more typical for this to be an issue with high-asset divorces, perhaps because the fewer assets a couple has, the easier it is to get a full accounting. Legal experts report that any individual with the motive and means to do so may be tempted to hide assets. Often, when one spouse is a business owner, his or her partner may have little or no knowledge of the true nature of the couples’ finances.