Divorce poses numerous challenges, and the stakes rise even higher when you own a business. As a community property state, Texas follows specific rules when dividing assets during a divorce. In Texas, the law typically views any property acquired during the marriage...
Any divorce comes with nuances. That only gets more complex for a longtime couple with assets, employee benefits and retirement funds. Although Texas continues to have one of the lowest divorce rates, people change and grow apart. While the home often garners the most...
The term "grey divorce" may not be familiar to everyone, but it refers to a growing trend in recent years. Grey divorce occurs when couples over the age of 50 decide to end their marriages, often after many years together. As the baby boomer generation reaches...
Sometimes referred to as alimony or just as maintenance, spousal maintenance is payments legally required from one ex-spouse to another as part of a divorce. Like all states, Texas has unique laws regarding spousal maintenance. Divorce cases involve unique...
When a couple with valuable assets splits up, the financial aspect of divorce creates a particular challenge. Understanding the complex issues of a high net-worth divorce helps you prepare. Like every state, Texas's unique laws regarding divorce affect how the process...
Divorce can keep your wheels spinning with wonder about things you have never had to think about, like what will happen to your North Texas house when you and your partner separate for good. A house is more than just four walls and a roof. It is a personal space in...
Not all marriages are perfect. However, when Texas couples have realized that they want to end their marriage, they can work on having a good divorce. While this might sound odd, it’s possible to achieve using certain tips. Keep your children in mind You might want to...
When parents divorce, their marital relationship ends, but both ex-spouses may wish to continue caring for their children. They might not necessarily agree about how to care for their children or even where they will reside. So, both parents may petition for sole...
An inheritance can make a big difference in your financial situation. In general, inheritances are considered separate assets when couples in Texas get divorced. But, depending on how that inheritance is handled, it can be considered marital property. However, there...
Going through a divorce in Texas will normally involve splitting up your assets. The courts generally try to be sure that divorce settlements are fair to both parties. One way to make this easier could be to suggest a deferred sale in order to split the proceeds from...