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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