Nov 10
A spouse’s interest in a trust is either going to be characterized as either separate or community property. The property interest of a trust typically involves two distinctive categories that must be characterized: (more…)
read moreOct 26
While divorce attorneys across the country deal with the division of assets daily, many do not have to deal with the added complications that arise when oil and gas interests are involved. In Texas, it is more common for couples to have these oil and gas interests that need to be addressed when going through a divorce. So, what exactly happens to those oil and gas interests in a divorce? (more…)
read moreSep 14
When you file for divorce, you probably have a million different things running through your mind. You need to make sure that your children are taken care of. You need to figure out how spousal support will play into your situation. And, you need to consider how debt and assets will get divided among you and your spouse. If you or your spouse own an accounting firm, this asset should get considered in divorce. But how will the court determine how to divide this asset? Which spouse is entit...
read moreSep 09
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read moreSep 09
Every divorce involves money. There may be a little or a lot, but Texas divorce law requires the identification, classification, and division of marital property. To divide things fairly, each spouse has to know what property is out there. Therefore, it is tempting to hide assets because rather than splitting the hidden asset, the spouse successfully hiding it gets to keep all of it. (more…)
read moreSep 09
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In this blog, we will talk about one of the most common retirement plans that you or your spouse might have – the 401(k) plan. Most people have heard of a 401(k) plan. Just in case you haven’t heard of a 401(k) plan, it is a retirement savings plan that is sponsored by an employer. It allows the employee to save and invest in some of their paycheck before federal taxes are withheld. However, taxes are paid when money from the 401(k) is withdrawn. So, how do you divide a 401(k)? Re...
read moreSep 04
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In my last blog, Understanding Stock and Restricted Stock Options, we explained stock options and restricted stock options as employee benefits. If you have received one of these benefits from your company, you need to consider what will happen to them now that you are filing for a divorce. Another similar factor to consider are restricted stock units (RSU). If you have restricted stock units, you need to know how they work as well as what will happen to them in your divorce. What are Restr...
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Brian and his staff were great. Brian’s direction and expertise provided me with the legal information relevant for my needs over several years now. He listens and is steadfast which gave me comfort in the courses of action. I highly recommend him.Brian and his staff were great. Brian’s direction and expertise provided me with the legal information...
Larry M.
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