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...
Divorce
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...
Understand Texas spousal support laws for divorce
You may have worked for several decades to build a successful business in Texas and a strong financial portfolio. You and your family may have become accustomed to a certain lifestyle. Now that you have decided to file for a divorce, you might be concerned about the...
What skills are necessary for divorce mediation?
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....
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...