When you’re going through a divorce, one of the most contentious aspects is often the division of assets. This becomes even more challenging when spouses need to account for trust and business interests when separating their property. In most marriages, couples only...
Filing for Divorce in Texas: Step-by-Step Guide Divorce is the legal procedure of ending a marriage. It addresses key issues such as asset division, child custody, and support arrangements. In Texas, specific requirements may be met to file, including a minimum...
Legal Separation vs. Divorce in Texas: Key Differences In Texas, legal separation does not exist in the same way it does in other states. Here, couples cannot formally separate in a legally recognized way while remaining married. Instead, they have to rely on various...
Many people wonder whether courts can exceed the Texas child support cap for high-earning parents. The Texas child support guidelines set a maximum income level to which they can apply. The court is unable to order child support above guideline amounts even when both...
Of all the various assets that play into the property division phase of a divorce, real estate tends to be the most complicated. Deciding who will get the family properties like vacation homes may require both financial and personal considerations. Various additional...
Asset division can lead to heated disputes between divorcing parties because each person may have strong feelings regarding which assets they should take. As a result, there are several common issues that divorcing couples come across during asset division in Austin....
While they have become less common over the last couple of decades, pension plans once represented the bulk of retirement income for many workers in Texas and across the United States. Unfortunately, these types of employer-sponsored plans can make for complicated...
Child support guidelines exist for all cases in Texas. In high-income cases, however, you quickly find out that support is rarely a set percentage of your income. In situations where the parties' income exceeds statutory limits, courts are required to evaluate...
If you’re a business owner, investor, or career professional getting married in Texas, you’ve probably heard the following question: How can you protect a business you owned before marriage? Texas treats a business owned prior to marriage as separate property....
In Texas, few issues are litigated more hotly than the valuation of closely held businesses and professional practices. When facing a divorce, spouses often assume that the value of publicly traded stocks will be easy to determine. The truth is nearly the opposite. An...