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...
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...
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...
When you're going through a divorce in Texas, it can become a complicated process to decide what to do with a business you share. Many people aren't willing to sell the business and want to continue operating it. Fortunately, this is possible with the right steps. If...
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...
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...
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...
If you make far less money than your spouse, you might fear the power imbalance will put you at a disadvantage during a divorce. Fortunately, Texas law provides you with options. Financial support during divorce You’ve looked at your finances. The numbers show that...
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...
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...
