When you and your intended got married and decided to settle in Texas, you no doubt envisioned a lifelong journey together. As time passed, whether it was five years or 25 or more, things may not have turned out the way you had hoped they would in your relationship....
Year: 2022
Blowing the whistle on hidden assets in divorce
When you decided to move on in life without your spouse, rather than stay in an unhappy marriage, you may have immediately started thinking about property division issues. With a high-net-worth value, you expected to encounter complex financial issues that you would...
How to know if yours is a high-asset divorce
The word “wealth” is a subjective and ambiguous term. While having a certain amount of money might make you feel wealthy, another person you know might set the bar much higher (or lower) to determine whether he or she is wealthy. If you file for divorce in Texas, it...
What doesn’t qualify as marital property in a Texas divorce?
Whether yours is a median income household in Texas or your financial status falls within an upper income level, it is always a good idea to periodically review your financial records and to take stock of your personal inventory of assets and liabilities. Certain...
High net worth divorce and community property laws
Whether less than five years have passed since your wedding day or several decades, if you’ve determined that your relationship isn’t going to last, you’ll no doubt be making numerous decisions in the weeks and months ahead that will affect your future. If you have...
Is a collaborative divorce ideal for your situation?
After making the decision to end your marriage, you know you are facing a potentially lengthy and complicated process. You may dread the thought of going to court and speaking about your most private matters, such as your finances, in a public setting. Fortunately,...
Protect your business interests in divorce
Perhaps you launched your own Texas business during your marriage. Whether it’s been up and running for decades or just recently came out of the startup phase, you no doubt are proud of your accomplishments, as you should be. Maintaining a profitable business can be a...
Taxes are a primary issue in a high-asset divorce
If you’re a Texas business owner, oil baron or doctor, etc., you’re no doubt used to dealing with financial issues. You might have a team of accountants and financial advisers who provide support in all matters concerning your financial portfolio. Filing for a divorce...
The financial preparations necessary before a divorce
You know your divorce will bring significant financial changes to your life, and you may have concerns regarding how these changes will affect your business, long-term savings and more. It is especially important for high-income individuals and those with closely held...
Be clear on mineral rights in a Texas divorce
They say that everything is bigger and better in Texas. If you happen to own substantial mineral rights assets, you might agree with that assessment. It’s understandable that you would want to protect your interests if you’re headed for divorce. “Bigger, better”...