Divorce is more common than ever, with about half of all marriages ending this way. The dissolution of your marriage may cause significant disruption to your Texas business, but it's possible to find an option that minimizes the damage. A business as marital property...
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New study will address Emergency Custody Order issues
Emergency Custody Orders (ECOs) have been a topic of great concern in Texas. A new bill is pending in the Senate to address these issues. Senate Bill 202 is intended to furnish a study that will look at new ways to create alternative custody arrangements. This will...
Mistakes to avoid during a grey divorce
While divorce rates in the US are declining, people over the age of 50 are divorcing at double the rate they were in 1990. As some married couples age, the factors that keep them together, such as children, hobbies/interests, and financial reliance, are significantly...
Types of custody and visitation in Texas
When you get divorced in Texas, one of the most important decisions you'll make if you have kids pertains to your child custody and visitation rights. There are several different child custody and visitation types; you will choose one that suits you and your family,...
Complex issues for individuals in a high-net-worth divorce
Divorce between high-net-worth individuals is more complicated than an average divorce settlement. Residents of Texas may want to learn more about the issues that are involved in the process when high monetary values are part of the divorce. According to The Dallas...
3 common financial mistakes people make during divorce
Going through a divorce is never easy. While experiencing the emotional anguish of an important relationship ending, estranged Texas spouses must negotiate property division and child custody agreements. If they are unable to agree on a settlement, their divorce can...
Dividing the house in divorce
In Texas, a divorce can be a financially complex matter, especially when it comes to managing the marital home. This is generally the single most valuable asset a couple owns, and it is also illiquid, making assigning ownership and value difficult. However, there are...
How to protect your business interests in divorce
As a Texas business owner, you've spent countless hours and resources building your company into what it is today. You wouldn't want to risk losing it all in the aftermath of a divorce. Although it may seem difficult, there are many things you can do to protect your...
What makes gray divorces especially challenging
Due to their older age, the participants in a gray divorce tend to have higher net worth and more assets than a younger couple would. That means questions about dividing financial and other assets as well as alimony are more complex and involve more money. In...
Dividing debt and assets when divorcing in Texas
As they live in a community property state, divorcing Texans will find that all debt and assets gained during their marriage will be divided equally between them. In some cases, debt incurred by one party will remain solely their responsibility. Find out how debts and...