Category Archives: Property Division
Divorce and property division
Divorce signifies the end of a legal partnership between two people. While the idea of filing for divorce is simple, the process can be complicated and time consuming. This is due to a variety of potential challenges, such as those associated with property and debt division. Most property that was previously shared by the… Read More »
What to do when you suspect your ex is hiding assets from you
Many people say they got divorced because their spouse did not tell the truth. Maybe the spouse had an affair and tried to cover it up, or did not express their true feelings about important matters. Once the divorce is underway, some spouses try to minimize the amount they must give up in the… Read More »
What will happen to my business during a divorce?
If you are a small business owner who thinks that a divorce is in your future, you are probably asking yourself this question. Maybe you never gave much thought to what would happen to your business if you and your spouse got divorced, but the scary reality is that if don’t have a prenuptial… Read More »
How is property divided during a Texas divorce?
Texas is a community property state, which means that all of the assets a couple earns during the marriage are considered community property and must be split fairly and equitably during a divorce. However, this doesn’t necessarily mean that the assets are split equally. A judge can decide to award one spouse slightly more… Read More »
How do Texas courts treat alimony?
As you may have heard, Texas courts treat alimony or spousal maintenance somewhat differently from the courts of other states. Texas is one of the most restrictive states when it comes to spousal maintenance awards. In fact, under Texas law there is a rebuttable presumption that spousal maintenance should not be ordered. In order for… Read More »
Why is divorce among baby boomers booming?
Baby boomers have been a trailblazing generation in many areas, including divorce. Between 1990 and 2010, the divorce rate doubled among the 50 and older demographic, which means that unlike generations past, the baby boomers are not hesitant to leave unhappy marriages, even if it’s later in life. Sociologists have been studying the trend… Read More »
Why high-asset divorce is different
Divorce typically isn’t an easy process no matter who you are. That’s because you not only have to deal with the legal and financial consequences of divorce, you also have to deal with the emotional effects divorce had on yourself and your family. But in high-asset divorce cases the stakes are, well, even higher…. Read More »
