Dispelling some myths about divorce and money

Aug 10 2017 - Posted by , in Property Division

Myths are by definition mistaken beliefs. Like many things in life, divorce is rife with myths. If they are not dispelled, it makes things worse when a couple does decide to split. One of the particular areas of family law where myths linger is in divorce and finances. Property division, asset valuations, retirement planning, tax considerations all need to be brought into focus in divorce. The help of experienced legal counsel is always recommended for both …

Learn More

The right of reimbursement in Texas property division

May 5 2017 - Posted by , in Property Division

Individuals considering divorce for the first time may have heard about the different models of property division. In most states, the theory that rules is called equitable distribution. A judge has the power to decide what is fair. The outcome might favor one spouse over the other depending on many variables. In fewer states, including Texas, the law focuses on what the couple has acquired over the course of the marriage. The entire stock of …

Learn More

Reasons to get a business valuation during divorce

Apr 4 2017 - Posted by , in Business Assets, High Asset 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.  You want to sell the business Sometimes the best option for dealing with the family business is selling it. This allows you and your ex to …

Learn More

Tips to manage a divorce from an angry spouse

Mar 1 2017 - Posted by , in Divorce

Most divorces result because one person, not both, decided that the relationship was over. This can cause feelings of consternation, anger, and confusion – a dangerous combination while you engage in the delicate task of untangling two lives. Divorces are always messy, but they become more complicated if they are not properly planned. This post will go over how to deal with an angry spouse during a divorce. You may wonder, why would anyone be angry during …

Learn More

Divorce Requirements in Texas

Feb 15 2017 - Posted by , in High Asset Divorce

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 …

Learn More

Preparing for a High Asset Divorce

Feb 13 2017 - Posted by , in 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 …

Learn More

Divorcing later in life can lead to some complicated issues

Feb 2 2017 - Posted by , in High Asset Divorce

With many in the Houston area growing older, people may feel like they would like to make a new start with the time they have left. Divorce among older couples is on the rise, but that can lead to problems for these spouses. In many divorce situations, especially among older people, one spouse, typically the woman, has not worked in a significant amount of time. A divorce can complicate the finances of those who have not worked. …

Learn More

Pet custody addressed in the first state law of its kind in U.S.

Jan 27 2017 - Posted by , in Property Division

With divorce now common, family laws in most states have managed to adapt in ways that maximize the well being of children. An increasing number of states, for instance, are encouraging some form of shared custody. The reasoning behind this is that it is generally in the best interests of children to maintain strong ties to both parents, when possible. One area in which family law seems to be lacking is the treatment of pets. …

Learn More

Financial considerations during and after the divorce process

Jan 27 2017 - Posted by , in High Asset Divorce

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. However, there are several considerations that individuals can contemplate and act upon in order to better ensure that their finances remain …

Learn More

The benefits of prenuptial agreements

Jan 25 2017 - Posted by , in Prenuptial Agreement

Prenuptial agreements have many different benefits, including the protection of assets but they have many other helpful advantages as well. In general, prenuptial agreements outline property rights before marriage. There are many misunderstandings associated with prenuptial agreements and their benefits so it is helpful to have a good idea of the ways they can help couples in a variety of different situations. Prenuptials agreements are useful for the protection of one party’s assets; for protection …

Learn More

What Clients Are Saying

We Are Here To Help You