Filing for divorce in Texas will bring up questions of property division. While the parties might agree on child custody and other matters, the distribution of wealth does not come as easily. Asset protection could be in your best interest. Know what you have and what...
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What to consider before keeping your home after a divorce
When you are in the middle of a divorce, you will need to decide whether or not you want to continue to live in your home or sell it. Your ex may agree that you can keep the home, but this may come with a cost. This is what you need to consider before keeping your...
How will your pension be handled during divorce?
Texas workers who hold a pension plan are likely worried about what's going to happen to it when they go through the divorce process. The reality is that your former spouse will most likely be entitled to half of your pension plan contributions during the marriage....
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...
Division of retirement assets during divorce
Property division is a necessary part of divorce for Texas couples. One tricky part of property division is in the split of your retirement assets. The division of these assets leads to changes in your taxes, so you might have difficult decisions to make. 401(k)s The...
QDRO required for division of private retirement plans in divorce
When people go through a divorce after working for years, there may be retirement accounts that must be divided. These accounts are often overlooked because retirement is not on the minds of the couples while they're divorcing. In Texas, the courts use a special type...
Can past tax returns aid in uncovering hidden assets?
Whether you are in your first marriage, second marriage or you are facing a grey divorce, you will likely struggle with the division of assets and debts. Depending on the amount and type of assets, negotiating a proper split can quickly become a complicated matter....
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...
