Texas is a community property state, which means most property acquired prior to marriage is considered separate property, while almost anything acquired during the course of marriage is considered community property. Only community property is divided in a divorce. Every divorce has its difficulties, but a complex divorce may involve dividing certain Read more…
When a couple goes through a divorce, their assets and liabilities may be divided through a settlement agreement or court order. When one or both spouses have ownership of a business, the valuation of the business is included in assets and liabilities are divided. In this case, the process of Read more…
Find An Attorney Who Understands Complex Property Division Guidance through the process of dividing complex assets Dividing a family’s assets during a divorce can be quite difficult, especially if there are significant assets such as property, retirement plans, stocks, deferred compensation, brokerage accounts, businesses, professional practices, etc. Deciding the value Read more…
Spousal Maintenance During a Divorce or After the Divorce is Finalized Spousal support a.k.a. spousal maintenance refers to additional money that is not part of a division of the martial property. These are funds that one spouse pays to the other spouse either while going through the divorce process (temporary support); or, after Read more…
A common question among clients and others we meet is: What’s the difference between mediation and arbitration? This can be an especially important differentiation when it comes to family law matters, such as a divorce. Both Mediation and Arbitration are forms of Alternative Dispute Resolution (ADR). All issues in a Read more…
The Tax Cut and Reform Bill was signed into law on December 22, 2017. It represents the biggest tax overhaul since the Tax Reform Act of 1986 (TRA) that simplified the income tax code, broadened the tax base, and eliminated many tax shelters. If you are getting divorced or thinking Read more…
Austin divorce lawyers want their clients to know that you must live in the state in which you file for divorce. You are not allowed to look at each state’s divorce laws, then pick whatever state you think is most likely to give you a favorable settlement. However, your spouse does Read more…