Blog
For years, divorcing spouses have used different tactics to hide assets, preventing them from being subject to property division. Examples of such tactics include overpaying creditors or the Internal Revenue Service (IRS), purchasing expensive items and giving...
Finances can be complex and daunting when going through a high-asset divorce. This is where forensic accounting may be helpful. This specialized accounting field could ensure a fair division of assets. It is essential to understand forensic accounting and how it could...
Divorce is a difficult, complex time and process for anyone going through it. It can bring out the worst in people, and emotions often run high, which can sometimes lead to making mistakes. While no one is perfect and everyone makes mistakes once in a while, it is...
The term “high asset” is sometimes used when describing a divorce. It’s quite clear that this means the couple has a number of assets between them. What’s not clear is just exactly what a couple needs to have for their divorce to be considered high asset or high net...
You may have heard that one of the reasons people tend to get divorced is because they run into financial stress. You may think that this means they simply don't earn enough money to do basic things like paying the rent or keeping the utilities on. If this is true,...
High-income and high-asset divorces often become more contentious and complicated than smaller, simpler divorces. Sharing more property with a spouse means that there is more for a couple to fight over at the end of their marriage. A higher standard of living during...
Beginning a divorce can feel like getting a drink from a fire hydrant. Too much, too fast! The mind can begin to spin like a west Texas tornado with all the decisions to make from pets to children. In times of high emotion, the best strategy is to simplify the to-do...
Texas is a community property state, so once you divorce, you expect to split the assets you’ve acquired since your marriage. You assumed, however, that the home you purchased prior to your marriage and kept solely in your name would be your personal property to keep....
Getting through a divorce with a successful outcome in Texas is hard enough, but having a high net worth can make a divorce even more difficult. Here are a few tips on how to properly plan for your high-asset divorce. Make a list of all of your assets It's always a...
With significant assets at stake in a Texas divorce, it can cause myriad challenges that must be addressed from the start. A key factor to remember is how to be protected and shield assets when the property is divided. There are certain steps that people in this...
International Family Law:
Divorce And Custody In A Global Age
