A high-asset divorce in Texas has the potential to be costly and complex because the division of marital assets can be a major challenge to unwind. This is especially true when the divorce involves foreign assets with different jurisdictions due to national borders....
Divorce
What happens to a family home in divorce?
Divorce is a difficult process in Texas, and it can be even more complicated when children and property are involved. One of the most common questions that arise in a divorce is what happens to the family home. Who takes the family home in divorce? The courts...
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...
Can your ex-spouse take your Social Security benefits?
Gray divorce, which is becoming increasingly common in Texas, is a divorce between older couples whose marriages have typically lasted many years. It's fair to wonder whether your former spouse might be able to take your Social Security benefits after your divorce....
Steps to take before a divorce
Married couples if Texas may find that they can’t always make things work. If there are problems within the relationship that cannot be worked out, divorce might be the best thing for everyone. Before you go through the process, there are certain important steps you...
Your asset strategy in a divorce
Preparation is your best shot at protecting your assets in a divorce; thinking of your belongings only after a spouse wants to split them could lead to a heated court battle. In Texas, the protection your assets have during a divorce can be set up through prior...
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...
More older couples are calling it quits
Divorce among older people in Texas is becoming more common than it ever was before. Divorces during the retirement years have increased so much in the last couple of decades that researchers are using the term "gray divorce" to describe the phenomenon. How much has...
How involved should your teenagers be during a divorce?
When parents of teenagers in Texas decide to divorce, they might find that their children want to have a say in the decisions made during the process, particularly those that affect them. While older children might have some right to be involved, in the end, parents...