Mineral rights basically refer to ownership rights of resources that exist underground. Such resources typically include gas, coal or oil (commonly referred to as fossil fuels), as well as limestone, salt and various metals. Mineral rights refer to both ownership of...
Year: 2024
Preparing for a high-asset divorce in Texas
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...
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...