When a divorce involves substantial wealth, the complexities can intensify. In Texas, high-net-worth individuals may encounter unique hurdles during divorce proceedings. These challenges can significantly impact their financial stability and emotional well-being. 1....
Year: 2023
What is a grey divorce?
As the years go by, couples often look forward to their golden years, anticipating a serene and joyful retirement together. However, sometimes life takes unexpected turns, which can lead to a grey divorce. A PubMed article revealed that 36% of divorcing couples are...
What happens to your business assets in a divorce?
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...
3 FAQs about retirement and employee benefits after a divorce
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...
What is grey divorce?
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...
How do I know if I can get spousal maintenance?
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...