Have you ever heard of cryptocurrency or non-fungible tokens (NFT)? These are both forms of digital investments that’s grown over the years. Many people invested in cryptocurrency and NFTs early on and now they’re reaping the rewards. Even though cryptocurrency and...
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Property Division
Will I lose half of my inheritance if I divorce?
Property division can cause a lot of stress during a divorce. You know you cannot keep everything, but you do not want to give away more than you need to. Money is hard to come by, after all. One area that can generate concern is any inheritance you receive. You know...
Who gets to keep the dog when you divorce?
Texas has laws that govern most aspects of modern divorce. Couples can follow state law to divide their property and to split responsibilities for the children that they share, or they can litigate. However, there are no specific state laws discussing what happens to...
Don’t forget to discuss the country club in your divorce
Texas is a community property state, so just about everything a couple acquires after their marriage begins is subject to a 50/50 split. That’s easier said than done, however, when it comes to certain assets – like membership in a country club. How do you value – or...
How does Texas split property in a divorce?
Each state treats the property of married couples in different ways. Texas is a community property state. That means that when you marry, the two of you become one, so almost everything you earn or acquire from that point forward belongs to you both. Some assets you...
Is it possible to divide an online business in divorce?
For the past several years, couples have witnessed the growth in popularity of digital assets. From entertainment collections to online consumer rewards, a married couple can amass valuable assets that have no physical counterpart. Unfortunately, when divorce becomes...
3 ways people hide assets during a divorce
Dividing your property in a divorce should be a straightforward process. You and your ex have to find a fair way to share the assets and debts you accumulated while married to one another. Unfortunately, some people will break the law to complicate their property...
What to expect when divorcing in a community property state
Texas couples who are headed for divorce face different obstacles than couples in the majority of the United States because Texas is one of the nine states that operate under a community property statute. Learning more about how this will affect your divorce is quite...
How can I keep my business in the divorce?
Many married couples also happen to be business partners, running a company together and benefiting from the business equally. But what happens to the company when you and your spouse are considering divorce? The division of property in Texas includes everything you...
Is Texas a community property state?
Whether you’ve been married for less than five years or more than twenty, divorce is a difficult and emotional undertaking. As you file for divorce, one of the biggest questions you may have is: how do we split our property? Before you determine how to separate your...
