If you don’t know, cryptocurrency is a digital currency based on cryptographic principles that typically operates on a decentralized computer network. Owners can use it like money to buy goods and services or as an investment vehicle since crypto can increase in value...
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Assertive And Strategic
Property Division
How can hidden assets impact a Texas divorce?
High-asset marriages tend to result in some of the most challenging divorce-related litigation, as people are often eager to sidestep community property division rules in Texas. When those with diverse portfolios and sizable personal holdings divorce, there is plenty...
What do community property rules mean for a marital home?
Property division in a Texas divorce requires either a judge's careful review or an agreement between spouses. Oftentimes, those pursuing a divorce or the judge presiding over a litigated divorce case will make the proper management of the largest marital assets a top...
2 tips for property division during a divorce
One of the crucial aspects of divorce is property division. This is done to ensure each party gets a fair share of matrimonial property according to their contribution. According to Texas laws, property acquired during a marriage is called community property and is...
Subtle ways couples hide marital assets during the divorce
Texas is a community property state. This means that all the assets accumulated during the course of the marriage equally belong to both parties. Thus, in the event of divorce, both parties are expected to share the marital property on a 50-50 basis. But what happens...
Take care if divorcing a spouse with an interest in cryptocurrency
There are many possible places where a spouse might hide assets from you when you divorce. Cryptocurrency is one of them. You might not know that your spouse holds cryptocurrency, yet if they have talked about investing in it in the past, do not discount that they...
What happens to your house in a divorce?
However special your home is to you, in terms of a divorce, it is little more than an asset to be valued and factored into the overall scheme of things. Let’s say you have a million in total assets. The house is worth half a million, and the rest is cash in the bank....
Divorce may impact your standard of living
When considering the financial ramifications of getting a divorce, you may be wondering about your potential standard of living after the split. Divorce usually results in financial changes for both parties. Often the higher wage-earning spouses may see their standard...
What will a QDRO do during your divorce?
Paperwork is important during any legal process, including divorce. Certain documents will play an important role in the dissolution of a Texas marriage. The more complicated situations you have, like complex assets or minor children, the more details you will need...
Do you need a post-divorce custody plan for your pet?
Ever since you and your spouse brought your dog home from the shelter, you’ve thought of him as a member of your family. And, in many ways, you take care of your dog the same way a parent takes care of a child. You offer food, shelter, companionship and much more....