When a divorce is on the horizon, the date your decree is finalized can affect how you file taxes, divide assets, and plan financially for the year ahead. In Texas, understanding how timing interacts with tax rules can help you make informed decisions. This guide...
Business Valuation in Texas Divorce: Protecting Family-Owned Assets Divorce can be complex for any couple, but when a family business is involved, there's even more at stake. In Texas, the value of a company can significantly influence the division of property. Understanding how business valuation works,...
When going through a divorce in Texas, dividing property can be one of the most challenging parts of the process. While homes, cars, and savings accounts often come to mind, retirement accounts are also valuable assets that must be addressed. Understanding how these accounts are...
When parents go through a divorce or custody case in Texas, one of the most important decisions is how to divide time with their children. To help families stay organized and reduce conflict, Texas law includes a plan called the Standard Possession Order or SPO. If...
Divorce can be a complex and emotionally charged process, especially when it comes to dividing marital property. In Texas, the division of property is governed by community property laws, which can significantly impact how assets and debts are allocated between spouses. Understanding these laws and...
Divorce is a complex and emotionally challenging process, made even more so when it comes to the division of property. Texas, like several other states, follows the legal principle of community property when it comes to the distribution of assets in a divorce. Understanding the...
Divorce involves the intricate process of dividing not only assets but also debts acquired during the marriage. While assets like property and savings are often the focus, the division of debts is equally significant. In Texas, the principle of community property guides how debts are...
No two divorces are the same and there is no one way to get divorced. Many couples try to avoid court if possible. This is known as alternative dispute resolution (ADR). A recent Custody X Change study found that 93 percent of divorcing parents tried...
So you and your spouse have had a difficult conversation and decided to end your marriage. Whatever the reason, you now have the divorce process ahead of you. The first step is filing for divorce. Without that, the proceedings cannot begin. The state of Texas does...
In the United States, the divorce rate is 2.3 per 1,000 people in the population according to the Center for Disease Control and Prevention. Divorce happens for a myriad of reasons and at varying times. A more common trend that many don’t realize is that...
