When it comes to divorce, family businesses are considered an asset. As a result, decisions must be made on how to divvy up a family business in a way that is fair to both spouses. This situation can be emotionally trying, especially if one spouse believes he or she...
Divorce brings an upheaval of emotions and life changes. Have you decided whether you want to remain in your marital home in Texas? Learn how recent times favor the spouse who wants to keep the home post-divorce. Depending on your circumstances, you could have a...
If you and your spouse have chosen to separate or get a divorce, you will want to review many aspects of your joint lives to determine what changes you must make. Many of these decisions may revolve around your shared assets as well as your shared debts. Other parts...
If you and your spouse have decided to part ways, you know that this decision will result in changes to virtually every aspect of your life. In addition to matters that play into your life on a daily basis currently, you may want to re-evaluate other parts of your...
Divorcing Texas couples like you have a lot of hurdles to overcome. Property division is often a big one. Many heated arguments break out over who gets what. It can even drive some spouses to try hiding assets. This is a bad idea for many reasons. Not only is it...
Collaborative divorce becomes a viable option for you and your spouse if you wish to avoid open-court conflict, but still want attorneys in your respective corners to protect your rights. In addition, collaboration offers you and your spouse the opportunity to make...
Married couples commonly share debts as well as assets. This logically requires that a divorcing couple determine which person may be responsible for repaying which debt after their divorce process completes. Assigning liability for joints debts may end up becoming a...
Texas is one of the few states that use community property laws when dividing assets in a divorce. The focus of this standard is that a couple owns all property obtained during the marriage equally. However, the Texas Constitution and Statutes state any property you...
Previous posts on this blog detailed the fact that your 401(k) ranks among your marital assets, making it subject to property division. Yet while your divorce certainly impacts your retirement plans (as the person you planned to spend your retirement years with is no...
Alimony is a common component of divorce cases. Each state has different laws regarding alimony payments, however, and different criteria that you must meet to qualify for spousal support. We understand how the law works regarding alimony payments in Texas and have...
