Fabio & Merrill

July 2019 Archives

Do you need a forensic accountant on your divorce team?

When you navigate your way through a Texas divorce, you will undoubtedly experience a wide range of emotions. Once you take your emotions out of the equation, however, you will need to figure out the fundamentals about how you plan to divide up shared assets and debts. Increasingly, divorcing parties who have considerable assets or particularly complicated finances are finding that hiring forensic accountants can help them navigate complicated financial aspects of their divorce cases.

Divorcing in 2019? Know this new tax law

When you split from your Texas spouse, you can anticipate that doing so will impact numerous aspects of your life, potentially affecting everything from where you live and whether you work to how often you see your own children. At Fabio & Merrill, we recognize that a new tax law that took effect at the beginning of the year may also have a notable impact on your divorce proceedings, provided at least one party involved the divorce plans to pursue alimony.

In the eyes of the Texas courts, your pets are just possessions

The animals that you care for can fill a very important role in your life. Even if you and your spouse share children, you may have a special and truly unique bond with your pets, including dogs and cats. You will certainly worry about the custody of your children, but you should also think carefully about the best possible outcome for your pet.

What happens to home equity when you divorce?

When you split from your Texas husband or wife, you will undoubtedly need to untangle many parts of your lives from one another’s, and part of this process generally involves dividing any assets or debts you currently share. For many Texas residents navigating their way through divorces, their homes represent their most valuable assets, so figuring out how to divide up any equity you have in your home is one of the most critical elements of asset division.

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