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....
High Asset Divorce
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...
Many high-asset divorces in Texas involve dividing up business assets. Some individuals choose to split the assets, while others sell the business or try to buy their estranged spouse out of the company. Whatever the case, both parties need to know how much the...
You're pretty sure you want a divorce -- but you've decided to delay formal action until after the holidays are over.That does not mean, however, that you should just sit around and look for ways to kill the time between now and then. Four ways to get ready for your...
When a marriage ends, issues between a couple can quickly turn contentious. When you can't even remember why you ever thought your spouse was a good person, let alone a good match, it's easy to end up in litigation.But is that really your best option? Sometimes,...
Once upon a time, it would seem very strange to discuss your personal matters with an attorney on a video call, but things have changed. Doctors, therapists and attorneys are all using Zoom and other video conferencing tools to handle meetings with their clients.If...
When your reputation is part of your brand or important to your business, you naturally want to protect it against harm. That means looking ahead to the future and anticipating potential problems -- even if they aren't something you particularly want to consider.We're...
Generally speaking, a divorce obtained in another state will also be recognized in Texas based on the guiding principal of "comity," or courtesy and consideration. But what if your divorce was granted in a foreign land?The United States is not party to any treaties...
What does a Texas billionaire's divorce have to do with the systems of trusts in South Dakota?Everything. According to a lawsuit from the billionaire's aggrieved spouse of more than three decades, South Dakota is a kind of "mini-Switzerland" when it comes to offering...
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