The longer you and your spouse were together in marriage, the more complex and challenging property division proceedings might be if you decide to part ways. Texas is a community property state (one of only nine in the country), which means a judge will split marital...
Divorce
Choosing financial advisers in a high-asset divorce
Many Texas financial institutions use the term “high-net-worth individual” (HNWI) to refer to a client who has more than $1 million in liquid assets. Such clients receive special access to services that are not available to people of lesser means. This HNWI term may...
Texas property division laws are different than most states
As you close out your personal affairs and finances for 2023 and make plans for the new year, you might be one of many people who are heading to court for divorce proceedings. If you have children or own a business, then the financial aspects of your divorce will be a...
Protection of business assets starts long before divorce
If you are considering marriage, and you also happen to own a business in Texas, then now is the time to start an asset protection plan. You’ve no doubt worked long and hard to build a successful business, which, perhaps, you hope to pass on as a legacy to your...
Protect your interests in a high-asset divorce
Like most spouses in Texas, when you said, “I do,” you expected your marriage to last a lifetime. You looked forward to making memories and building your fortune with the love of your life. When it became clear your fortune was great, but your relationship wasn’t, you...
Co-parenting a high-needs child
Co-parenting a high-needs or disabled child can be an extraordinary journey that comes with its unique set of challenges. However, with the right strategy and mindset, parents can create a nurturing environment that supports their child's growth and development....
Protect business assets in a high-net-worth divorce
You’ve worked long and hard to build a successful Texas business. The last thing you want to have happen is to lose more than necessary in property division proceedings during a divorce. When you’ve decided to move on in life without your spouse, it’s best to create a...
High net worth affects child support
If you and your spouse have decided to file for divorce in Texas, and you have children, you must resolve numerous financial issues to achieve a settlement. If you are a high-net-worth couple, your wealth may have an impact on the court’s decisions. This is especially...
Should you sell mineral rights before a divorce?
Many married couples in Texas own mineral rights. Some have high-producing properties, while others have been waiting for years. If a divorce is on the horizon, mineral rights will be lumped in with other assets to divide marital property, which, in this state, will...
The mistakes that could derail your finances during divorce
The decisions you make during your divorce will impact the rest of your life. The terms of your property division order matter, and it is critical to navigate this process with your focus on what will truly be best long-term. However, divorce is difficult, and it is...