There are a variety of misconceptions about divorce harbored by people in Texas as well as across the United States. A prime example is the oft-cited “statistic” that about half of all marriages end in divorce. While this may have been true a decade or so ago, the...
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Figuring Out Community Property in a Divorce
When Texas residents get divorced, they’re aware they need to think about how they’re going to divide their assets. In Texas, property is either considered community property or separate property. Figuring out the difference between the two as it pertains to a...
What female entrepreneurs need to know about divorce
As a female entrepreneur in Texas, you know that planning means everything when it comes to success. Although going through a divorce may not have been in your life plans, you need to address it head-on. Here are some helpful tips to ensure that you leave your divorce...
How do you split large assets during divorce?
Asset division is one of the most challenging parts of a divorce in Texas. You can't literally divide your house and furniture in half, but you have to figure out how to evenly split your assets. Fortunately, you can exchange cash and properties for other assets. How...
How to value a business in a Texas divorce
The effects of a divorce are far reaching and can have a direct impact on every aspect of life. While many people know about the emotional and personal financial impacts of a divorce, the consequences can be even more serious if there is a small, privately owned...
What you need to know about gray divorce
Texas is a community property state, which means that joint assets are typically divided evenly in a final settlement. If you are over the age of 55 at the time of your divorce, there is a good chance that you'll be splitting a relatively large estate with your...
How to look for hidden assets during divorce
One problem that may arise for people who are going through a divorce in Texas is that one spouse might try to hide assets from the other. A person can do this in many different ways, so the best way to locate the assets may be to look at financial paperwork to see...
Information about some common divorce myths
A lot of myths surrounding divorce impact our society. While the process of ending a marriage is very real and brings with it a great deal of stress and inner turmoil, there is a great deal of misinformation that many people have widely accepted as fact. Residents of...
What happens to your business during a divorce?
When you file for divorce in Texas, the divorce proceedings might threaten to tear your business apart. If you and your former spouse both have a stake in the business, the issue becomes even more challenging. Should you sell your shares and cut your losses, or is it...
How to get through the many worries that divorce can cause
Many people who find themselves facing the prospect of divorce are generally worried about how they will survive the stress associated with financial uncertainty and emotional unrest. For residents of Texas who are wondering how they will handle this next chapter of...
