San Antonio Divorce Attorney for Doctors

Lawyer for Doctors Seeking Divorce in San Antonio, TX

Divorce can present a host of issues, and for medical professionals, these challenges are often magnified. When a doctor in San Antonio faces divorce, they must not only navigate the emotional difficulties that come with the end of their marriage but also the legal intricacies that may affect them as a high-earning professional. A divorce can have a serious impact on a medical practice, a couple's financial assets, and even long-term educational debts such as medical school loans. Brandon Wong & Associates is dedicated to providing doctors with the legal guidance and representation they need during this difficult time.

What Happens to a Medical Practice During a Divorce?

For many doctors, a medical practice may be one of their most valuable assets. The way this asset is handled in a divorce will depend on various factors, including whether the practice was established before or after the marriage. The valuation process for a medical practice not only involves determining its current financial worth, but it may also factor in goodwill, patient lists, future earning potential, and physical assets such as equipment. If the practice is co-owned by other partners, additional complications may arise, and a careful examination of partnership agreements and ownership structures will be required.

Brandon Wong & Associates will work diligently to assess the value of medical practices fairly and divide complex assets strategically in divorce cases. We can also explore options such as a buyout that will allow a doctor to keep their practice while compensating the other spouse for their share of the business. Whether negotiating a settlement or advocating in court, we will work to minimize the impact on our client's professional career while striving for an equitable division of assets.

How Medical School Student Loans Are Treated in Divorce

Many doctors enter marriage with significant student loan debt from medical school. In a divorce, these loans may or may not be considered marital debt depending on the circumstances of a case. If the loans were taken out before the marriage, they are generally treated as separate property, and they will remain the sole responsibility of the doctor who took them. However, if the loans were accrued during the marriage, they may be subject to debt division.

Texas law looks at several factors when determining how student loans are treated during a divorce, including the date the loans were taken and whether marital funds were used to repay the loans during the marriage. If joint income or assets were used to make payments on the loans, the non-borrowing spouse could claim reimbursement for those contributions.

Protecting Your Financial Interests During a Divorce

Doctors must take special care to protect their financial interests during the divorce process, as their income, assets, and professional reputation may all be at risk. Beyond ownership of a medical practice or issues related to student loans, a doctor’s divorce may involve high-value assets such as real estate, investment portfolios, and retirement accounts. Ensuring that these assets can be divided fairly requires both financial acumen and a deep understanding of the law.

At Brandon Wong & Associates, we work closely with accountants and appraisers to assess the full value of our clients' assets and determine the best strategies for protecting their financial future. Whether through negotiation or litigation, we advocate strongly for our clients so their hard-earned wealth will be safeguarded.

Doctors may also face challenges related to spousal maintenance (alimony), which is often a concern when there is a significant disparity in income between spouses. Our team is experienced in negotiating spousal maintenance agreements that are fair and reasonable.

Contact Our San Antonio, Texas Divorce Lawyer for Doctors

If you are a doctor in San Antonio who is facing a divorce, Brandon Wong & Associates is here to help. With years of legal experience, we understand the unique challenges that doctors face in divorce proceedings. Our law firm is dedicated to providing compassionate, results-driven representation to ensure that your financial and professional interests are protected. Contact us today at 210-201-3832 to arrange your consultation and learn how we can assist you during this difficult time.