Athletes occupy a unique position in American society. They have high-profile jobs that are extremely lucrative, but they also face tremendous pressure from the public to maintain a good image. Athletes’ lifestyles can make marriage more challenging, as they are on the road a lot and have demanding schedules.
Their public lifestyles can also make marital mistakes more likely to become public knowledge, humiliating partners and increasing the animosity in a divorce. The breakdown of a marriage involving professional athletes is usually high-stakes and can quickly become more contentious than other divorces.
A seasoned lawyer who handles divorce for athletes in Frisco could help you navigate the process in a civilized and respectful manner. Call our law office today to schedule an initial consultation with an experienced and reliable divorce attorney.
Athletes’ divorces in Frisco often involve prenuptial agreements. To be valid, prenuptial agreements must be in writing, voluntary, and cannot be unconscionable. Additionally, both parties must agree with complete knowledge of the other person’s financial status.
For athletes, a prenuptial agreement can protect their hard-earned assets and future earnings, especially in the event of a divorce. However, any attempt to hide assets, coercion, or duress can render a prenuptial agreement invalid. Even if these conditions do not apply, a high-asset person, like an athlete, can anticipate that their partner may try to challenge a prenuptial agreement in a divorce. Fortunately, courts generally enforce reasonable prenuptial agreements, providing athletes with a level of protection.
While prenuptial agreements can handle property division and spousal support, Texas does not let people arrange child custody or child support via prenuptial or postnuptial agreements. Instead, the courts make these decisions using the best interest standards.
Having children together may increase both parties’ desire for an amicable solution. When a couple shares children, they must find a way to peacefully co-parent together unless one of the parents poses an actual risk to the children.
Child support can be a massive obligation for high-earners, such as athletes. In Texas, professional athletes may pay $10,000 or more a month in child support obligations. While this amount may seem like a drop in the bucket when compared to the athlete’s total salary, it is a significant amount of money over the child’s lifetime. A seasoned attorney could help an athlete navigate their divorce and come to an amicable agreement over these often contention issues.
When an athlete gets divorced, many people assume the non-athlete spouse should be entitled to a massive payday because athletes make so much money. However, while many pro athletes make an excellent salary, relatively few are super-high-earners—or, if they are, few can sustain it for many years in a row. As a result, they may have only a few years to earn enough money to last a lifetime.
A lawyer representing either party in a divorce for athletes in Frisco needs to understand the realities of the sport and have a good grasp on the player’s contract conditions. Armed with that information, a hardworking and determined family law attorney could do a better job negotiating for a favorable divorce outcome. To get started on that process, schedule a consultation with Towson Law Firm, PLLC.
Our Law Firm’s approach to your case is based on individual circumstances. Whether it is a simple negotiated settlement, or it requires an aggressive approach, we will protect and defend your best interests.
