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The Law Office of Lisa A. Vance, P.C.

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Divorce and Family Law Matters

We are now accepting clients statewide in Texas.

WE ARE WORKING!

As the situation with COVID-19 continues to develop and evolve, the safety, health and well-being of our clients and our team is extremely important to us. We are watching for the guidance of the Centers for Disease Control and international medical experts to learn how we can best manage our facility and our clients.

We would like to reassure you that The Law Office of Lisa A. Vance, P.C. will continue to be available to provide services to all of our clients.

Our lawyers and paralegals are working in the office and electronically, although most of us are working from home. Below is a list of FAQs regarding our response and commitment to you during COVID-19.

Can I even have a consultation with my lawyer remotely?

Yes, The Office of Lisa A. Vance, P.C. has a comprehensive remote working capability and all of our lawyers and paralegals are equipped to work securely from home.

Will my lawyer be available to answer questions and work on my case?

Yes, your legal matters will continue to receive our attention. You can email, call, or videoconference with your lawyer during this time.

We also have multiple videoconferencing options; please contact your attorney for the platform that works best for you

How are court hearings and appointments affected?

Court in Bexar County are now conducted by Zoom Please see our blog article Court via Zoom: It’s Actually, Really Court (and Here’s How It Works)

Can I consult with a lawyer about a new family law or divorce matter?

Yes, we have office staff working in house and remotely to ensure continuity in our business. For information about a family law or divorce matter, please call our office or complete the Request a Consultation Form.

Your family law matters remain our top concern and we are not going to permit this pandemic to take priority over your needs. We will remain confident, alert and prepared.

We wish you and your family well as we work through this difficult situation together.

With warm regards,
Lisa A Vance

 

 

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Oklahoma ruling awards almost $1 billion in divorce settlement

| Nov 25, 2014 | Divorce |

One of the most hotly contested issues in any divorce case is the division of assets. Understandably, both parties want to walk away with a significant portion of the marital assets, and there is often much debate over how much each spouse deserves based on their contribution to the marriage. In one of the largest divorce judgments ever to be issued in the United States, an oil tycoon has been ordered to pay a whopping $995.5 million to his ex-wife.

Of course this astronomical number is unfathomable to most people, and very few Texas residents, if any, will ever face such an incredible payout in their divorce. Still, there are lessons from this divorce case that everybody can learn from, such as how marital assets are divided by courts and the importance of a prenuptial agreement. While it may seem like an incredible sum of money, the oil tycoon owns shares in Continental Resources that are worth almost $14 billion.

Considering that the couple were married for more than 26 years, this seems like a fairly small sum, far from 50 percent of the estimated wealth. However, the equitable distribution laws in Oklahoma determined that the oil tycoon and CEO of the company did not play a large enough factor in the increase of Continental’s value to merit that much money being on the line. Had the divorce taken place in a different state, the outcome might have been vastly different, which is why it is important to consult with an attorney who is familiar with the laws of your state.

Another notable fact of this divorce is that the trial lasted more than nine weeks as both parties contested the settlement amount. The couple did not have a prenuptial agreement, which might have made the trial easier and shorter. If you are considering divorce, it may be in your best interests to meet with an attorney who is familiar with divorce laws in your state, especially if you do not have a prenuptial agreement. Effective legal counseling can play a large part in reaching a divorce settlement that is fair to both you and your spouse.

Source: Huffington Post, “Harold Hamm, Oil Tycoon, Ordered To Pay Nearly $1 Billion In Record Divorce Settlement,” Joshua Schneyer, Nov. 10, 2014

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