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...
When it comes to the distribution of marital property, every state is different so it is imperative to review the laws in Texas. Some people do not prepare for the division of marital property and this is often challenging for those with a high net worth and...
When Texas couples decide to divorce, they should share a goal of dividing assets fairly. However, one spouse may have suspicions that his or her partner is hiding assets. Your partner may conceal assets by denying their existence, transferring property to others,...
Most people in Houston come into their property division proceedings prepared to have to discuss the division of a wide range of assets. Even so, many are still surprised to learn that their 401(k)'s (or at least a portion of them) are subject to division. 401(k)...
As a person getting a divorce in Texas, you should understand that there are certain risks that couples with higher assets face that others don't. Some may be quite unexpected as well, such as the increased possibility of a spouse attempting to hide assets. While this...
Married people in Texas know that they live in a community property state so that if they get divorced, their assets may be split regardless of the name on an account or other ownership except in some cases, such as when a prenuptial agreement dictates otherwise. This...
Texan residents like you who are getting a divorce may have extra hurdles to jump if you have a lot of assets. Today, we at Law Thompson, P.C., will discuss some tips that you can use if you're dealing with a high asset divorce and all of the struggles that come with...
When it comes to dividing marital property during a divorce, there are either community property or equitable property states. As a community property state, Texas courts divide marital property in a specific way. When you are preparing for your divorce, it can help...