The term dissipation refers to the wasteful spending of marital assets by one spouse. For a transaction to constitute dissipation, it typically needs to occur without the knowledge of the other spouse or as a means of one spouse depriving the other of part of the...
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Property Division
Don’t forget deferred compensation when dividing your property
On Behalf of Laura Dale & Associates, P.C. | Nov 26, 2021 | Property Division
Trying to secure a fair outcome in a divorce is rarely easy. One spouse's misconduct could impact your financial situation through wasteful spending. Spouses with significant resources often need to check for hidden assets as well. Even if you don't have to worry...
Cohabitation agreements and property rights for unmarried couples
On Behalf of Laura Dale & Associates, P.C. | Oct 27, 2021 | Property Division
Divorce is hard, complicated and emotional. However, untangling informal conjugal cohabitation arrangements (widely known as "living together") can be just as complex and heart-wrenching. Houston couples who live together but have never gotten married may not have the...
Who gets the pension in a divorce?
On Behalf of Laura Dale & Associates, P.C. | Oct 6, 2021 | Property Division
Pensions, although not as common as they used to be, are considered marital property in Texas. That means if one spouse worked and the workplace contributed to a pension, when the couple divorces, that pension belongs to both spouses. The pension will be divided...
Thinking of hiding your assets in a Texas divorce? Think again
On Behalf of Laura Dale & Associates, P.C. | Sep 24, 2021 | Property Division
Texas is one of the few community property states in the nation, so almost everything a couple acquires during their marriage is subject to division in a divorce. That may not really seem fair to you, especially if you were the person in your marriage who carefully...
How do you divide cryptoart in a Texas divorce?
On Behalf of Laura Dale & Associates, P.C. | May 24, 2021 | Property Division
Figuring out how to divide your property can be the hardest part of your divorce. The more unique and valuable your property is, the more likely you and your spouse are to disagree about the right way to split it in your upcoming divorce. Possessions can sometimes...
How will the Texas courts handle cryptocurrency in a divorce?
On Behalf of Laura Dale & Associates, P.C. | May 17, 2021 | Property Division
Finding a fair way to split up your property is often a major concern in a Texas divorce. You and your spouse probably both have invested a lot of your time and income into the shared resources that you now need to find a way to split. It can be difficult for couples...
Many divorcing women attribute their credit woes to their relationship woes
On Behalf of Laura Dale & Associates, P.C. | Apr 13, 2021 | Property Division
Ask virtually anyone who went through a divorce, and they’ll likely tell you that divorce can wreak havoc on your finances, and more specifically, your credit, as well. While the act of divorce in itself may not adversely impact your credit score, the handling of...
Can you stop your spouse from squandering assets in a divorce?
On Behalf of Laura Dale & Associates, P.C. | Apr 5, 2021 | Property Division
If there is one thing that can raise the temperature in a divorce, it is money. Even if your spouse has plenty, they might prefer to watch it burn than to give any to you. It pays to take action early if you suspect this may be your spouse’s mentality. One option...
Can you avoid taxes and penalties when splitting a 401(k) in divorce?
On Behalf of Laura Dale & Associates, P.C. | Mar 14, 2021 | Property Division
The biggest assets are often what couples fight about when they divorce. Rather than arguing about an easily replaceable television, you are likely to concern yourself with belongings with substantial value, like your home and any investment accounts. Retirement...
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