As a Texas business owner, you may have spent years developing your plan and initiating a startup. Once your business started turning a profit, you may have shifted your focus to protecting your assets or building a diverse investment portfolio. While you may not have...
Year: 2021
Protecting your real estate assets in divorce
The divorce process in Texas is often a difficult time for those involved, and the stress of dividing real estate assets can be particularly overwhelming. If you're facing a divorce and you own real estate, it's important to know how to keep your portfolio intact....
Dividing property in divorce
Texas is one of the few community property states in the country. What does that mean? It means that any assets or debts acquired during your marriage are generally marital property and subject to division if you choose to get a divorce. Are there any exceptions to...
How to proceed when your spouse doesn’t want a divorce
In the state of Texas, you are generally allowed to divorce your spouse without first obtaining his or her permission. However, it will generally take longer to complete the marriage dissolution process if your spouse isn't on board with ending the relationship. Let's...
Who runs your business after a divorce?
Your Texas business may be impacted by the fact that your marriage is going to be coming to an end. However, there are many steps that you can take to ensure that your company survives the divorce process. In some cases, it may even be possible to work directly with...
Do you have to split an IRA during divorce proceedings in Texas?
One of the main concerns for couples getting divorced in Texas is splitting their retirement assets. Given that retirement accounts, like IRAs, could be your largest asset, something you have been saving up for almost all your working life, how does the state treat it...
How mediation can lessen the negative emotions of a divorce
There are a lot of negative emotions involved with a divorce. All divorces aren't the same, though, some divorces can be more negative and frustrating than others. Divorce mediation is a type of divorce that can help decrease the negative emotions involved, so here...
How to handle mineral rights in a divorce
In parts of the United States that are rich in natural resources, divorcees often have to determine who is entitled to the mineral rights of their property when they split. The laws concerning asset division apply to mineral rights just as they do to other property...
Protecting your medical practice in a divorce
According to research, the physician divorce rate is significantly lower than that of other careers, but that doesn't mean they're immune to the stresses of divorce. While physicians are maintaining their practice and tending to patients, they are also faced with...
How to keep your business after divorce
Unfortunately, some of the best entrepreneurs get divorced. In some cases, the demands of opening a new business put a strain on marriage and partners decide to go their separate ways. If you own a business and are heading for divorce, there are a few things you...