When a marriage is headed for a breakdown, one spouse often comes to that realization sooner than the other. If you are faced with this situation, there are some simple steps you can take to protect your rights and interests. These steps can improve your position as...
In our last post, we began looking at Texas law concerning how courts in this state define community property and separate property. In addition to the rules we mentioned last time, there are special statutory rules that apply to gifts between spouses, certain types...
We’ve previously spoken on this blog about the two general approaches used by state courts when dividing property in divorce. As we’ve noted, a small number of states use the approach known as community property, which in some states involves a presumption...
Figuring out what to do with a business in a divorce can be a complex task under any circumstances. It can be especially challenging when the two co-spouses co-ran the business prior to the divorce. There are multiple ways a business that now-divorcing spouses...
In a divorce, ignorance is generally far from bliss. Failing to pay attention to even seemingly small details could have significant and long-lasting ramifications for a divorcing individual. Among the things that it is particularly important to pay close...
Retirement accounts are complex assets that have detailed rules associated with them. Given this, these assets can raise some special issues when it comes to dividing them in a divorce.For example, there are certain types of conduct regarding retirement accounts that...
Going into a divorce unprepared can be unwise. Such a lack of preparation could unnecessarily further complicate the divorce process, leave a person without the right information when making divorce decisions and increase the likelihood of critical mistakes being...
High-asset divorces often raise a myriad of financial issues. The financial matters in such divorces can be deeply complex and touch on many areas. Thus, properly addressing financial issues in a high-asset divorce can often require the help of a well-constructed...
In some cases, property division in divorce is pretty straightforward. It's clear what can be characterized as marital assets, which can then be divided fairly between the spouses.In other cases, however, differentiating between community property and separate...
Getting a divorce can trigger all different sorts of transitions in a person's life. When going through a divorce, a person can sometimes feel like the changes that are occurring are so numerous as to be virtually uncountable. Such a period of great transition can...
