How real estate is handled in a Texas divorce

May 1 2015 - Posted by , in Property Division, Valuation

Couples who are going through a divorce in the Houston area know that real estate is one of the biggest assets a couple may have. Property division is a large part of divorce and for a spouse’s future after the divorce. It is therefore critically important to know how real estate is handled in a Texas divorce. Since Texas is a community property state, real estate that was purchased during the marriage is generally divisible during the …

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Protecting assets may require online efforts

Jul 31 2014 - Posted by , in Divorce, Property Division

Few would argue that the modern era isn’t heavily saturated with the influence of technology. From computers to smartphones to everything in between, Texans store an incredible amount of personal information in these ubiquitous devices. What some individuals may not realize is the importance of properly attending to these technologies during divorce. While protecting assets has never been easy, accomplishing that task nowadays can take a bit more effort. Recently, a study from McAfee revealed that important …

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Understanding the Texas rules on property division

May 15 2014 - Posted by , in Marital Property, Property Division

From movies to tabloids, from television shows to neighborhood gossip, there are countless sources of the myths that surround divorce. Particularly when it comes to property division, myths abound and can scare divorcing spouses into feeling threatened, even paranoid. Since it is so important for spouses to keep a level head during a stressful time, addressing the myths of Texas property division may make Houston spouses breathe a little easier. First, it is worth noting that …

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Divorce, property division and taxes: items to consider

Apr 17 2014 - Posted by , in Property Division

The financial aspects of a Texas divorce can be a source of conflict or a road map for the future, depending on how couples approach money matters. One issue that some couples may not immediately consider is the tax consequences of a divorce. According to the CEO of Wevorce, a website aimed at helping couples divorce amicably, property division has a tendency to grow in levels of complication extremely quickly. A CPA at Wevorce notes that some …

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