Besides child custody, one of the most contentious issues during a divorce is usually the division of the marital property, especially if the couple did not sign a prenup. Each state has laws regarding the division of marital property during a divorce. And Texas, like...
Property Division
How is a 401(k) handled in divorce?
People who have worked for a company that offers a 401(k) may have a hefty amount of money saved for retirement. Individuals who are married likely assume that they’ll use that money to support their household when they retire. They may not think about how this...
What are premarital and postmarital agreements used for?
When you and your spouse marry, you’ll likely combine each other's assets under one roof. If there’s ever a divorce, it can be hard to clarify who owns what assets. This asset division process could be made easier by discussing a contract that details each party's...
Is your spouse’s small business part of your marital estate?
Dividing your property and debts will be one of the more difficult parts of getting divorced in Texas. Community property laws give each spouse a strong claim to property accumulated during the marriage and even income earned during the marriage. The bigger the asset,...
Finding your spouse’s hidden assets during property division
Asset division is often one of the most contentious parts of divorce proceedings. When spouses are resentful of having to divide the assets they have acquired over the years with their soon-to-be ex-spouse, they can sometimes take drastic and creative measures to try...
Collaborating can help you divide your marital assets
Dividing your property during your divorce can be one of the biggest challenges that you face. This is because it’s so easy for either party to decide that there are specific assets they want and will not negotiate over. If you are in the midst of a property division...