You may be uncertain about the future of a family-owned enterprise when you part ways with your spouse. Will it be business as usual or do you have to close the shop? The answer to your questions may not be straightforward, as explained below. There is no blanket law...
Infidelity is a major cause of divorce in Houston. Someone who has an affair runs the risk that their spouse will find out and end their marriage over it. Sexual infidelity may make for better gossip, especially if a celebrity or politician is involved. But there is...
Divorcing couples are bound to follow the asset division structures mandated by the states in which they live. There are nine states in the country that are known as “community property states. Texas is one of them. This means that Texas law requires couples to treat...
The community property laws in Texas protect married couples by giving each spouse an interest in all marital income and property. You and your spouse share your resources and your income after your wedding. If you file for divorce, the courts will split your property...
During a divorce, it is not uncommon for one spouse to try and hide assets from the other, including hiding money in bank accounts, transferring property into someone else's name, or even selling off assets below market value. If you are going through a divorce and...
Clients offer struggle with determining the assets they should seek when pursuing a divorce here in Texas. Because Texas is a community property state, in lieu of a prenuptial agreement stating otherwise, debts and assets acquired during the marriage get to split...
Your marriage is practically over, but you and your spouse are still sorting out the details -- including how to manage child care and custody. That means figuring out what to do about your nanny. Both you and your spouse expect to share custody of the kids, and...
A divorce can be challenging for anyone to weather. There are many common issues that divorcing couples must sort out, including child custody and support, spousal maintenance and property division. Some particular aspects of a high-net-worth divorce are unique,...
With Texas being a community property state with each spouse getting 50% of the marital assets, some less than honest spouses may attempt to hide assets. One way that they might do this is through cryptocurrency purchases. Cryptocurrency is still the Wild West of...
If you own a business, you have probably put a lot of money and effort into making it something you can be proud of. So if you are preparing for an upcoming divorce, you may recognize that ending your marriage could cause you to lose your business if a judge rules...