In divorces, marital assets are subject to division while separate property is not. Thus, which of these two categories a given piece of property is found to be in can be very impactful. One thing that can play a role in whether an asset is considered a marital asset...
Property Division
Dividing debt during a Texas divorce can be challenging
Property division is a very complex part of the divorce process here in Dallas. A number of married couples have very complicated assets that are not easy to split. And, not only are assets difficult to divide when a marriage ends, but so are debts.Credit card debt,...
Colts owner and his wife getting divorced
Jim Irsay is a name that many people here in Texas may have run across while reading sports news, as he is the owner of the Indianapolis Colts. Recently, Irsay's name has jumped from the realm of sports news into the realm of family law news; it has been reported that...
‘Crocodile Dundee’ star getting divorced
Recently, a divorce case has arisen regarding an actor whose work many people here in Texas and in the rest of the country are familiar with. The actor in question is Paul Hogan, who played the title role in the popular "Crocodile Dundee" film series.Hogan's wife...
Do long-term separations affect property divisions in Texas?
Making the decision to end a marriage does not typically happen overnight. Couples typically go through at least some period of transition before a divorce where they will try to repair a marriage or try alternative solutions. In some cases, couples will stay together...
Community property, equitable distribution: How do they differ?
Divorce is a formal legal process that ends a marriage under the eyes of the law. The broad definition is the same in all 50 states. As for the details, that is where everything starts to differ depending on where you file those divorce papers.When it comes to...
How will the 401(k) be divided in your divorce settlement?
Retirement accounts started in the course of a marriage are categorized as community property in a Texas divorce. That means the retirement account will be split between the divorcing parties. For decades, real estate such as the family home was the biggest asset to...
Wrestling star’s marriage officially over
One of the major issues that divorces can involve is how property will be divided between the divorcing parties. This can be seen in a celebrity divorce that was recently finalized.The divorce involved World Wrestling Entertainment star Randy Orton. Orton got married...
Property division dispute underway involving prison compensation
There are many important issues that can arise in connection to a divorce. One such issue is property division. How property division issues are ultimately resolved can have significant impacts on the involved parties. Many complicated issues and questions can come up...

