If you own a business and are thinking about divorce, you need to prepare carefully. Your business counts as property, which means you might split it up with your spouse in a Texas divorce. Taking steps to gather important documents before talking about divorce...
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Divorce
What earned January the nickname of ‘divorce month?’
For many people, January is a slow month of recovery after the frantic energy and excessive spending of the holidays. For others, January is the month when they begin laying the foundation for a drastically different life. Once the chaos of the holidays subsides,...
3 financial protections for non-working spouses during divorce
The prospect of divorce often makes people anxious, even if they are unhappy in their marriages. Most people recognize that divorce could potentially have a negative impact on their standard of living. Those who have become accustomed to a particular standard of...
The process of dividing substantial assets in a Texas divorce
Texas couples going through divorces typically have lots of decisions to make. Some of these decisions involve the assets couples obtained together while married. Because Texas is a community property state, its courts view marital assets as owned by both spouses....
Divorcing when you’re the primary breadwinner
Texas is a community property state, which means that all assets acquired during the marriage are generally considered owned equally. If you made more money than your spouse during the relationship, it may also mean that you were able to put more into a retirement or...
Financial infidelity can complicate a gray divorce
Going through the dissolution of your marriage in your gray years can be a very challenging trial. The stability of your physical and financial health may well be in question. You may find yourself dealing with serious trust issues that continue to affect your life...
Dividing artwork in a Texas divorce
Property division negotiations during a divorce can become contentious when the assets being discussed have increased in value or could appreciate significantly in the future, and this is especially true when the divorcing couple lives in a state with strict community...
How assets are typically split in a Texas divorce
As Texas is a community state, assets that are accumulated during a marriage will be split evenly between both spouses. This is generally true even if one spouse earned most or all of the money used to acquire them while the other stayed home. In addition, those who...
Understanding gray divorce in Texas
Divorce is always a difficult process, but when it happens later in life, it can be even more complicated. This is what is known as a "gray divorce." This term refers to divorces that happen between couples who are over the age of 50. Common reasons for gray divorce...
How to handle your medical practice in divorce
Divorce is hard enough, but when you have to worry about your medical practice as well, it can feel downright overwhelming. If you are a doctor or another type of medical professional who is going through a divorce in Texas, here are some tips to help you handle...