Aug 18 2016 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Property Division
When a Houston couple gets married, the last thing they consider is whether their marriage will end in divorce. But for many couples, the end of a marriage is a reality. During this emotional time, there are certain items that should be discussed with a divorce attorney, including children and property division. Depending on a person’s situation, there are many different items that will need to be discussed with a divorce attorney. If children are involved …
Share This Learn MoreAug 11 2016 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Property Division
When a Houston couple is going through a divorce, one of the most contested areas to work out is property division. Property division can be difficult and complicated to navigate. Along with assets such as the family home, retirement benefits can also be large and a very important benefit to be divided. Although retirement benefits may not be the first thing that comes to mind when sorting out property division in a divorce, they often can be …
Share This Learn MoreAug 4 2016 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Property Division
When a Texas couple decides to divorce, it can be an emotional and trying time. Property division is one of the most important and contentious topics that couples need to work out. But how does property division work in Texas, a community property state? Many people think that because Texas is a community property state, the marital property is equally divided between the spouses. In reality, property is divided based on a manner that is “just and …
Share This Learn MoreJun 10 2016 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Property Division
Houston couples who feel their relationship is heading for a divorce may feel overwhelmed. A divorce can be a complicated and emotional time. There may be ways to simplify a divorce which can help make the situation a little less difficult. One simplifying move a person can make is to open a bank account in their own name. This can help ensure that a person has their own money to get through the divorce in case the …
Share This Learn MoreApr 22 2016 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Property Division
Houston area residents who are going through a divorce know how traumatic and emotional of a time this time can be. A divorce introduces couples to the concept of property division. Property division includes both assets and debt that the couple has accumulated. Almost every couple has credit cards in both their own names and as a joint account. In a divorce situation these can add complications. Credit cards can be held individually or jointly. Because …
Share This Learn MoreJul 24 2015 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Divorce, Property Division
Many Houston residents will go through a divorce in their lifetime. Although some married couples think their marriage will last forever, in many cases a divorce becomes all but inevitable. Of course, the end of a marriage is often a highly emotional period, and in this atmosphere one can easily make mistakes that will make matters worse later on. It is important to keep in mind some common mistakes people make during the divorce process. One legal …
Share This Learn MoreJul 15 2015 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Property Division
When a person is thinking about a divorce in the Houston area there are many things to consider. Going through the process can be stressful enough, but even knowing what paperwork to prepare can seem overwhelming. Yet, gathering important documents in advance can help expedite the divorce and make sure key issues are ready to be discussed. A divorce is an emotionally traumatic event for a person to go through. It can therefore be difficult to focus …
Share This Learn MoreMay 7 2015 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Prenuptial Agreement, Property Division
Newly engaged couples in Houston are usually giddy with excitement over their upcoming marriage. Along with planning the ceremony, reception, what everyone’s going to wear, and where the honeymoon will be, couples should also sit down and focus on financial matters. Financial discord is one of the top reasons couples get divorced, so sorting out important matters before marriage can help. A prenuptial agreement is one way that couples can settle important financial details and ensure a …
Share This Learn MoreMay 1 2015 - Posted by On Behalf of the Lincoln Law Firm, PPLC, 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 …
Share This Learn MoreNov 28 2014 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Divorce
Both local and national news headlines have recently highlighted the story of billionaire Harold Hamm, the chief executive of Continental Resources who recently went through a much-publicized divorce trial. Like many of Houston’s financially well-off residents, Hamm made his fortune in the energy sector. At issue in the divorce was whether Hamm’s ex-wife played a crucial role in helping him build that fortune and, if so, to how much of it she was entitled after …
Share This Learn More