Almost all of the property acquired by both spouses during the marriage will be subject to division by the court in a divorce. However, some property (called “separate property”) is excluded from this division. Generally speaking, separate property is property which was: Acquired before the marriage Acquired by gift or inheritan[...]
Read moreDivorce can be taxing. Many people who have not personally been through a divorce have heard stories from family or friends detailing the emotional trauma of suddenly finding an adversary where there was once a trusted partner. Understandably, such stories persuade many spouses to seek a more amicable process. Even in these “unconteste[...]
Read moreWhere a person decides to file their lawsuit for divorce can make a difference in the outcome. The Texas Family Code contains a few key rules regarding where a person can file for divorce. First: Can there be a divorce in Texas? As a threshold requirement, either the “petitioner” (i.e. the spouse who files for divorce) or the “r[...]
Read moreAs a business owner, valuing your business may be one of the most daunting processes you will confront. This process becomes even more difficult during a divorce. Because there are multiple valuation methods and various factors to be considered, business valuation can be surprisingly subjective. In high-net-worth divorces, both parties a[...]
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