Spouses have many things to consider when filing for divorce. Depending on the circumstances of the relationship, few couples will likely consider the impact the divorce has on taxes. Until it comes time to file, that is. The best way to prepare for these changes is...
What’s the difference between community and separate property?
The details and legalities of divorce can be overwhelming, no doubt. But understanding how property division works in Texas can help ease the process. You might want to leave all the legal guidance up to the judge or attorney of your case. However, knowing the basics...
How is property divided in a Texas divorce?
Divorcing couples are likely to have many questions about asset division. Handled on the state level, courts will generally use one of two legal precedents for asset division: equitable distribution or community property. Texas is one of nine states that still use...
Texas divorces sometimes have to wait for the baby
You might have heard a story that you cannot get a divorce while pregnant in Texas. At first, it sounds like one of those funny laws that someone says exists somewhere, but they usually cannot remember where. It is true that, in Texas, there can be some truth to the...
What does divorce mean for your joint business?
Entrepreneurial couples might spend years developing a thriving business together, one that even provides the bulk of their household income. However, when a couple who own a joint business decide to divorce, a few significant problems can arise. Some divorcing...