Austin Family Law Attorney

In Texas, there is a 60-day minimum waiting period for divorce cases. That means that in between the date that you first file for divorce and the date that you request the Court to sign your Divorce Decree, there must be at least 60 days. On average, most cases take at least four months to resolve. However, there are always exceptions. If you and your husband or wife have an agreement as to the rules about your children and the division of your community estate, it is possible that an Austin family law attorney at Kirker Davis LLP can help you draft all of the required paperwork, including a Divorce Decree, and assist you in obtaining the Court’s signature on the Decree on the sixty-first date after the filing for divorce. This is the fastest possible outcome.

Finalizing your divorce in that short window of time is possible for some families. But often, it takes time for people to determine what their community estate is and then reach agreements as to how to divide it. Even if you believe your divorce to be relatively simple or easy, it is possible that you have not considered something that could provide a benefit to you or your children. It is a good option to have an attorney at Kirker Davis LLP review any potential agreements that you have reached so that you can consider your options and reduce risk in your divorce before signing on the dotted line of a Divorce Decree.

One of the first things that we ask our clients to do at Kirker Davis LLP is to provide us with information about their vehicles, real property, bank accounts, mortgages, credit card balances, brokerage accounts, inheritances, businesses, business interests, trust accounts, retirement accounts, stock, restricted stock, and other assets. When we have a complete list of what you own, we can then discuss how you’d prefer to divide it up. Providing information to your attorney is the first step in our process. Exchanging that information with your spouse and their attorney is typically the next step in our process. Reaching an agreement between a husband and a wife about how to divide it all up can be the most complicated part of the divorce. Depending on what you and your spouse agree to, it can be an easy task, or it can be drawn out and complicated. If your community estate is valued in the millions of dollars, you will want to have it thoroughly reviewed to examine the implications of its division so as to not put at risk hundreds of thousands or millions of dollars. If husbands and wives cannot agree to the division of their estate after exchanging information between themselves, a court may divide the estate up after notice and a hearing. It is imperative that parties have the assistance of an attorney at those hearings given the thousands of dollars at stake.

While Texas does not recognize a formal legal separation, we work hard at Kirker Davis LLP to help you consider your options when you are not quite ready to file for divorce. Our attorneys believe that speaking with potential clients weeks before they discuss divorce or move forward with any decision is the best course of action so that the potential client is as informed about their options as possible.

At Kirker Davis LLP, we have helped families create rules for their temporary living situations, rules for the payment of temporary liabilities and expenses, rules for temporary possession schedules for children while parents live apart, and a process by which a husband and wife can exchange information about their estate, assets, real estate, liabilities, brokerage accounts, mortgages, stocks, bank accounts, trusts, vehicles, and college savings accounts in the event that they do decide to move forward with a divorce. Because Texas does not recognize a formal legal separation, it is imperative that you discuss a creative legal alternative with an Austin family law attorney at Kirker Davis LLP by calling (512) 746-7304.

If a business was created before a marriage, there is an argument that the business should not be included in the divorce. If the business was formed after marriage, it may be community property. If it is community property, it could be divided in the divorce process. A community estate is comprised of assets that have accumulated during the marriage. Our goal at Kirker Davis LLP is to provide business owners and their spouses the information they need to proceed with their divorce without impacting the success of the business they worked so hard to build.

At times, people do not quite know whether or not their business is community or separate property. The characterization of the business may be one of the most crucial questions of the entire divorce. It makes sense, then, to speak immediately with an attorney at Kirker Davis LLP to determine what your rights are, and how you can begin to protect your important assets.

You may need the assistance of a business valuation expert to help assign a value to the business interest if it is community property. You may need to speak with an attorney about the value of the rest of the community estate to ensure that the business can be awarded to the business owner and a fair amount of the remainder of the community estate to the business owner’s spouse. Oftentimes, speaking with an attorney weeks before considering the divorce process is beneficial to the business owner or the business owner’s spouse so that you can begin to gather the necessary information that will be needed in the divorce.