Whether you own a business independently or you and your spouse own it together, you may have questions about how that asset is handled in a divorce. Entering into a divorce with an asset like a business can be nerve-racking. You may be unsure how the asset will be divided and what will happen to the business moving forward. Let’s take a look.
Read MoreWhen faced with a divorce, it’s not uncommon to have a lot of questions. Whether you are the one pursuing the divorce or not, you are likely anxious to establish a game plan to protect yourself and your assets through this process. A common concern clients have is who will get the house in their divorce. If you are also curious to know how the division of assets is handled, we’re going to break it down for you.
Read MoreApproximately 50% of marriages end in divorce. So, if you find yourself heading down the path to a divorce, rest assured you are not alone. Regardless, the process can feel scary and intimidating. So we highly recommend working with an experienced Texas family lawyer. There are a few things to consider when picking the right divorce attorney for you.
Read MoreIf you’re facing a divorce in Texas, you’ve likely discovered that there’s something called “commingled property.” In fact, Texas is one of only a few states that recognize two forms of property held by spouses. It’s important that you understand those two distinct forms of property if you’re in the midst of a divorce in Texas.
Read MoreThere are many reasons that couples get divorced. Your marriage may end because you can’t see eye to eye on certain fundamental issues. Or maybe you’re seeking a divorce because you and your partner want different things out of life. Another common reason for divorce is infidelity. In that case, you might be wondering if you have to prove that your spouse was unfaithful in order to divorce them. Let’s take a look.
Read MoreIf you think a divorce might be in your future, you’re likely feeling a little apprehensive. Choosing to divorce is a big decision. And divorcing can be quite the process. It’s ranked one of the top five stressors in life for a reason. With that in mind, you’re likely on a fact finding mission to make sure you’re as prepared as possible. So what do you need to do to prepare for a divorce in Texas? Let’s take a look.
Read MoreThere is a lot to consider if a divorce looks imminent for you. And we understand that the process can be overwhelming no matter the circumstances that have brought you here. Divorce is one of life’s most stressful events, accompanied by the death of a loved one, job loss, moving, and experiencing a major illness or injury.
Read MoreIt’s not particularly uncommon for people to experience both marital stress and financial stress at the same time. In fact, in many cases, financial stress is the reason for marital stress which can lead to divorce for some couples. That same financial stress can also lead to bankruptcy for either or both spouses. If this sounds familiar, you might wonder how bankruptcy affects divorce in Texas.
Read MoreEvery marriage is unique. Equally, every divorce is unique as well. You may recognize that your marriage has some room for improvement or you may not. But either way, you’re now faced with the reality that your spouse wants a divorce. Rightfully so, you’re feeling slightly panicked, wondering what exactly you can do to save the marriage and/or how to prepare for an unwanted divorce. You might be wondering if you can stop a divorce. In Texas, the short answer is no.
Read MoreDivorces can be a tricky business. You’re essentially attempting to successfully map out the separation and management of shared dependents and assets long into the future. Understandably, things can and will change along the way. And when this happens, you may want or need to modify the divorce order or divorce agreement.
Read MoreIf you’ve found your way to this article, that likely means things are feeling pretty rocky at the moment. You’ve exhausted all your resources for reconciliation, and you’re seriously considering divorce. We know how difficult it is to come to a decision like this. The process can be painful and complex. With that in mind, we are here to help make it a little easier for you. So the first thing you need to do is to establish the grounds for divorce.
Read MoreAs a father who is about to divorce, it’s perfectly understandable to wonder about your parental rights. You’ve also probably heard one horror story after another about fathers who have experienced bias when it comes to custody. The good news for you is that in Texas, fathers have the exact same parental rights in the eyes of the law.
Read MoreIf you’re preparing to go through a divorce, chances are you have a million and one questions. One thing you might be especially curious about is what to do about health insurance. If you and your soon-to-be ex-partner are on the same health insurance plan, that can definitely play into your uncertainty about what life will look like after the divorce is finalized.
Read MoreDivorce is certainly more common than anyone would like. And while circumstances vary from couple to couple, most would agree that getting a divorce is anything but easy. If you and your soon-to-be ex-spouse would like to make it to the other side with respect, dignity, and integrity, try practicing these guidelines.
Read MoreYour marital status doesn’t hold any weight when it comes to your credit report. So just by changing your marital status, you will not see any change in your credit. But joint accounts will still appear on your credit report. So if you are listed on an account in any way, such as a joint owner, cosigner, or authorized user, you’ll want to make sure you take care of those accounts prior to your divorce.
Read MoreFor years we have heard horror stories of different divorce cases, some we know in real life and many that have played out on television, in the media. The reality is that not every divorce proceeding has to be ugly, or contentious. Mediation offers a more peaceful and sometimes productive process to divorce.
Read MoreIn Vitro Fertilization (IVF) is on the rise as more and more couples are having a difficult journey towards parenthood. IVF, or in vitro fertilization, is a series of medical procedures intended to aid with fertility and to assist with conception. Many individuals believe IVF to be the most effective form of assisted reproductive technology. Couples usually decide to use their own eggs and sperm, if possible.
Read MoreIn 2015, the U.S. Supreme Court issued a historic decision legalizing same-sex marriage (Obergefell v. Hodges, 576 U.S. 644). For many, this decision was life-changing and—from a legal perspective—meant that married couples could benefit from the same benefits of heterosexual marriage. Things like spouse's health care plans, tax exemptions, and any other protections offered to heterosexual married couples.
Read MoreIt’s not likely that couples think of divorce when they get married. Unfortunately, however, nearly 50% of marriages in the United States end up there. The divorce rates have been high in the United States for decades, but some of the thoughts we hear about divorce trends might have become antiquated. Here are four current facts about divorces.
Read MoreWhen you get divorced, community property is generally divided equally between former spouses, while each spouse gets to retain their own separate property. Equitable distribution: In all other states, assets and earnings accumulated during marriages are divided fairly but not necessarily equally.
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