Divorce can present a complex and emotional process, with many aspects to consider, including asset division. A common concern among divorcing couples involves the fate of their stocks and investments. Understanding Texas community property laws Texas follows...
Divorce
How do you claim alimony in your taxes?
Alimony payments serve as a common part of divorce for many couples in the state. They often happen because of a large gap in income between the parties involved. These payments may come in permanent, rehabilitative or temporary forms. Whatever the case, they are tax...
Should you seek lump-sum alimony?
If you have had two incomes during your marriage, living on one after your divorce may seem virtually impossible. This is especially true if you earn substantially less than your soon-to-be ex-spouse. Fortunately, according to Texas Law, you may have grounds to seek...
Can hiding assets during a divorce be a crime?
Even if you do not earn the same income, you and your soon-to-be ex-spouse both contributed to your marriage. Now that you are heading for a divorce, you deserve to receive a fair share of your marital estate. Fortunately, according to the Texas State Law Library,...
Can you drop your spouse from your health insurance?
If you are in the middle of a divorce, money is probably in short supply. After all, you may be paying for the services of an attorney, forensic accountant, private investigator or other professionals. To save money, you may be thinking about dropping your soon-to-be...
What do I do if my ex will not let me see my kids?
As a noncustodial parent, you want to see your kids, but when your ex makes it difficult, you may wonder what you can do. According to the U.S. Census Bureau, children are twice as likely to live with a single mom than with a single dad. The courts want both parents...
Can my spouse take my business in the divorce?
If you are a business owner, your company is likely your most valuable asset. A divorce can cause a lot of uncertainty about what will happen to the enterprise you poured so much time, money and energy into. Take these steps to help you determine what will happen to...
Do you need to have grounds for divorce in Texas?
Going through a divorce can be challenging, especially if you are unaware of all the legal issues involved in divorce and child custody. Being familiar with the laws surrounding these matters can help you navigate the system more efficiently. Having grounds for...
When divorce becomes expensive for business owners
If you're a business owner who's considering divorce in Texas, be prepared for high-asset property division. This can be a costly process, both emotionally and financially, but it's also something you can do successfully. Why is divorce costly for business owners?...
How mental health conditions may impact a divorce case
Among the issues that impact the deterioration of a marriage, mental illness is a common circumstance. According to the National Institute of Mental Health, mental health conditions affect one in five adults in the United States. With these odds, both moderate and...