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High Asset Divorce Archives

Is there a way to keep complex divorce matters private?

The idea that what happens in court is a matter of public record is something Texas law takes quite seriously. Under the rules of civil procedure, provision 76a specifically addresses how any documents provided in the course of discovery in a case, including those involving divorce, are presumed "open to the general public."

Reasons to get a business valuation during divorce

If you own a business with your spouse and are getting divorced, you probably need a business valuation. Unless you and your spouse are totally amicable and willing to continue co-owning the business, your other options require determining its value. Here are two main reasons you might need a business valuation during your divorce. 

Helpful tips for getting through a high-asset divorce

Common divorce issues include child support, spousal support, community property division and child custody. The issues can become more difficult and complex when high value assets are at stake. Dividing complex property such as joint businesses, savings accounts, executive bonuses, pensions, investments and stocks can be challenging.

Divorce Requirements in Texas

Once you have decided to get out of a bad marriage, it's time to start the actual process of divorce that would separate you from your spouse in the eyes of the law. In Texas, one of the spouses has to be a legal resident of the state for at least six months in order to file for divorce. Also, the person needs to have resided in the country for a full 90 days before filing the divorce documents. If it so happens that one spouse is a Texas resident while the other spouse is located in a different state or even country, the non-resident spouse can file for divorce in the other location.

Preparing for a High Asset Divorce

Divorces are rarely pleasant experiences, and the level of animosity rises when there is a great deal of money at stake. That is why certain preparations need to be made to ensure you get your share from the divorce proceedings. Sift through the records of your marriage, such as photos, receipts and other assets you own. If you have made any expensive purchases, make sure you carry the full documents relating to the buy. Keep a file containing wills, trusts, bank statements, loan details etc. and place it in a safe location.

Financial considerations during and after the divorce process

There is no doubt that divorce impacts all affected parties emotionally, physically and financially. Unfortunately, because no two divorces are exactly alike, there is no "rule book" that spouses can follow in the wake of a decision to divorce in order to guarantee that they will emerge from the process emotionally, physically with financially stability.

New bill challenges no-fault grounds for divorce

When a Houston couple decides to end its marriage the parties to the union may do so either based on fault grounds or through a no-fault divorce. Fault grounds, which include but are not limited to adultery, cruelty, conviction of a felony and abandonment, demonstrate that the actions of one of the parties led to the deterioration of the marital relationship. No-fault grounds, on the other hand, simply suggest that the couple wants to end its relationship without placing blame on either of the parties.

Child support delinquency punishable by stopping car registration

In Texas, when a couple that has ended a marriage or relationship shares a child, in general there will be an order of child support from the noncustodial parent to the custodial parent. This is not done as a way of punishment, but to ensure that the child is cared for properly with all of his or her needs provided for. Unfortunately, there are times when the payments are not made on time or in full. In fact, some parents do not make the necessary payments at all. The state has certain steps it will take to try and make certain that the payments are made. A new method is preventing the renewal of vehicle registrations.

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Attorney Christine K. Lincoln

Christine K. Lincoln offers sound counsel and legal services to protect clients and their families facing divorce and other family disputes.

She will take the time to understand your individual needs and develop a comprehensive solution to protect your rights and interests.

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