Dealing with debt is difficult enough when you’re not going through divorce. But when you are, sorting through it to determine how to divide it can be overwhelming. And, if handled improperly, you could be responsible for more debt than you realize...
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Making the Most Out of a Financial Windfall
Part of the good ol’ American dream is striking it rich. When that dream actually comes true, either by inheritance or a lottery win or some other unexpected financial windfall, it can be both exhilarating and overwhelming. A financial windfall c...
Read MoreProperty Division in Divorce: Lottery Winnings, Inheritances & Other Financial Windfalls
Dividing money during divorce is difficult enough. If you add a sudden, unexpected infusion of cash into the equation, dividing assets becomes much more contentious. Before making any decisions or transferring funds into offshore bank accounts, co...
Read More5 Signs Your Spouse May Be Hiding Assets From You
It’s an unfortunate reality that people contemplating a divorce, or even those who have started the process, think deviously about how they can keep as many jointly-owned assets as possible when the divorce is over. Each spouse worries that the oth...
Read MoreProperty Disputes Between Unmarried Couples
Unmarried Partners Who Live Together: What Happens to Your Stuff When You Break Up? Cohabitation of unmarried couples is fast becoming the norm in Texas and around the country. What is not the norm, however, is that Texas is one of few states that a...
Read MoreDecide what to do with the house
Texas couples who decide to get divorced often wonder how to deal with certain aspects of the process. One common area that leads to contention is property division, especially deciding on who should receive the marital home. Property division com...
Read MoreRetirement planning, Social Security and divorce
Unhappy Texas couples who are close to their 10-year mark for their marriages may want to hold off on filing for divorce until after they reach it. Doing so may allow a lower-earning spouse to receive spousal benefits from the Social Security Adminis...
Read MoreThe Garner and Affleck divorce and prenups
While many Texas residents may be following the news that Ben Affleck and Jennifer Garner are divorcing after a fairly lengthy marriage and three children, they may not be aware of some of the implications of when the divorce was filed. In California...
Read MoreFactors that help courts decide who keeps the pets in divorces
Courts in Texas and around the country have traditionally viewed family pets as personal property in divorce cases. However, many couples consider their pets as family members. As a result, instead of awarding ownership to whoever is listed as the ow...
Read MoreDivorce requires division of marital debts
Texas is a community property state. This means that, in the event of a divorce, an equal split of property will be the default approach unless negotiation and documentation determine otherwise. Included in the separation of financial affairs are deb...
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