Divorce after 50 reflects societal changes that kept people together longer, whether they wanted to stay married or not. These couples are happy to be freed from an unhappy or unsatisfying relationship. But untying the knot has significant legal, financial, and emotional impacts that all need to … [Read more...] about Divorce After 50: Unique Challenges and Advice for Older Couples
Protecting Your Retirement After Divorce
Because Texas is a community property state, any acquired asset is subject to “just and fair division” during a divorce. This can include cash assets, debts, real estate, other property like cars, boats, jewelry and art, and other valuables, but there are a few exceptions. “Separate” property is … [Read more...] about Protecting Your Retirement After Divorce
Navigating Property Division in High Net Worth Divorces
Money issues often cause big arguments in a divorce. Splitting assets and property gets tricky, especially when one spouse earns much more than the other. In Texas, having over $1 million means you have a "high net worth." This total counts all cash and property one or both partners got while … [Read more...] about Navigating Property Division in High Net Worth Divorces
Fort Worth Divorce: Steps to Protect Your Financial Interests
Financial assets are those that were acquired during the marriage period and are subject to Texas community property laws. The court uses the “just and right” principle when dividing those assets in a divorce. However, that doesn’t necessarily mean a 50/50 split. The court has some leeway to ensure … [Read more...] about Fort Worth Divorce: Steps to Protect Your Financial Interests
Understanding Divorce Mediation in Fort Worth
Whether a couple mutually decides to divorce or one party decides and moves forward, it can quickly become complicated and expensive. Property division and co-parenting schedules are just some of the issues that can stonewall the process. Many of these decisions are made by a judge who doesn’t … [Read more...] about Understanding Divorce Mediation in Fort Worth
Texas Divorce Mediation vs. Litigation: Choosing the Right Path
Ask any divorce attorney in the Lone Star State, and they’ll admit that litigation is expensive, especially when both attorneys are fighting each other. Beyond the high cost, litigation can also do further damage to an already fractured family relationship, for both the divorcing parents and their … [Read more...] about Texas Divorce Mediation vs. Litigation: Choosing the Right Path
Texas Divorce Laws: What To Know
The New Year leads people to make life changes. Sometimes that includes filing for divorce. In Texas, many people file for divorce and talk to attorneys about ending their marriage right after the holidays, making January popular as a “divorce month.” If a divorce is part of your New Year’s … [Read more...] about Texas Divorce Laws: What To Know
How Does Owning A Business Affect Child Support?
Texas believes both parents should contribute financially to their children’s well-being, so child support is based on the income of both parents. It’s easy when one or both parents have a “regular job” and steady employment. But when one or both parents own a business and is a self-employed … [Read more...] about How Does Owning A Business Affect Child Support?
High-Net-Worth Divorce
A high net worth divorce is one in which marital assets total a million dollars or more of liquid assets. They are not always in cash and can include real estate, domestic and international assets, and shares in one or more businesses. Because of their complexity, it’s important to find an attorney … [Read more...] about High-Net-Worth Divorce
When Your Business is Marital Property
Because Texas has become a haven for businesses large and small, it’s not unusual for individuals to start a small business here. For a business owner facing a divorce, ownership and the profits from that business could be part of the business marital property estate to be divided and awarded … [Read more...] about When Your Business is Marital Property
