Ending any marriage can be tumultuous; ending one when you are financially supported by the other person can be incredibly stressful. Before panicking or making any demands or concessions, you should know some important details about Texas property division laws and...
Property Division
Why a QDRO is necessary for certain retirement accounts
Many Texans have 401(k) plans or other employer-sponsored retirement plans through their jobs. When they want to get divorced, they will have to determine how their 401(k), 457(b), pension, 403(b), or defined benefit plans will be divided. While a spouse might have...
Five things to know about property division in a Texas divorce
Couples must consider their financial futures when they end their marriage. There are five important things to know about the division of property in a Texas divorce. Community property Texas is a community property state where all property held by each spouse when...
How do you put a fair price on your business during a divorce?
Whether you built your company from the ground up or inherited from a family member, your ownership of the business matters to you. You may want to keep the business in your family long-term or could even have dreams of selling the company in order to fund your...
Will the courts force you to split your pension in a divorce?
When you get divorced, most of the assets that you share with your spouse or that you acquired during the marriage become vulnerable to division. Unless you have a legally valid prenuptial agreement on record that protects certain assets as separate property, most...
Watch out for a spouse who gives away assets
When your spouse asks for a divorce, it may be a good time to take a look at your electronic bank statements. In particular, you want to watch out for any unusual financial activity. It could be that your spouse planned to ask for the divorce for a while and decided...
Use a property division checklist to save time, reduce stress
There are many things that can stand between you and finalizing your divorce. For example, matters of property division often get in the way. While you have one thing in mind, your soon-to-be ex-spouse is thinking about something entirely different. It's this type of...
How to locate hidden assets in a Texas divorce
For couples considering divorce, the way they split up their assets is often going to be a major source of contention. It's quite possible that the spouses will not agree on what is fair when it comes to the property acquired during the marriage.Texas judges do their...
Protect your assets with a property division checklist
Are you going through a divorce? Are you worried about losing your property and assets? Do you want to put yourself in the best possible position regarding asset and debt division?There is no denying the fact that property division can be a contentious issues during...
Divorcing in a community property state? Save your assets!
Texas couples whose marriages disintegrate are subject to community property laws. What this means is that all of the assets and gains of the marriage must be divided equally. But that doesn't mean that you shouldn't use advice and guidance from legal and financial...