The end of your marriage can have a significant impact on your finances. If your loved one left you a significant inheritance when they passed away, your divorce can lead you to question what will happen to those funds. Will you keep your inheritance after divorce, or...
4 common misconceptions about divorce
If you are facing the end of your marriage, you may hear many different things about divorce from the people around you. However, these messages may not necessarily be true. What common myths and misconceptions might you hear about Texas divorces? Misconception 1:...
Does separate property become marital property when comingled?
Before people marry each other they have a life. They have jobs, earn income, have bank accounts, start retirement accounts, purchase homes and other real estate. When they get married they may get rid of some of their personal belongings, but they will generally keep...
Finding hidden assets in a divorce
While one of the biggest bones of contention in a divorce can often be property division, when one partner in life has been concealing assets it can add a whole new level of strife to the situation. If loss of trust in a marriage is a common thread that leads a couple...
Remember joint bank accounts during divorce
Divorce requires attention to major property such as your home along with numerous other assets obtained and commingled during your marriage. Joint checking and savings accounts are among the assets that require particular attention, even in a high-asset divorce....
Using an appraiser in a high-asset divorce in Texas
One of the most contentious issues in a Texas divorce is the valuation and division of the couple’s community property. This issue can be especially difficult for couples with significant assets. One potential solution is the hiring of professional appraisers to set...
Looking for hidden marital assets
Contested divorces and unhappy marriages can bring out the worst in a spouse such as their failure to disclose assets. When this occurs, it is necessary to develop a plan to find hidden assets and assure full disclosure, especially in a high-asset divorce. Hiding...
Who gets the house in a divorce?
Property division can be a challenge for any divorcing couple. When that involves dividing a family home it can be especially challenging. There are different options for dividing a family home based on the needs and preferences of the divorcing couple. They should...
The importance of thorough asset valuation in Texas divorces
The process of dividing marital property in a divorce is nearly always difficult for both spouses. When high assets and divorce collide, this matter can be even more strained. Each party wants his or her fair share and it often falls to a court to make this decision....
Dividing rental properties in a Texas divorce
If you and your spouse purchased real estate to rent out to others during your marriage, those properties may be your primary source of income and the most substantial assets that you own. It's completely understandable that you might feel worried about what will...
