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This week Brian and Jake discuss how debt is divided in divorce. The vast majority of Americans have some level of debt and the way that the courts divide that debt between the separating couple can affect them for years after the divorce. Listen to this week's episode to avoid common mistakes people make when dividing debt during a divorce. The Texas Family Law Podcast is available for download on Apple Podcasts, as well as on SoundCloud and Spotify.
read moreSep 07
Business Valuations have never been more difficult than right now. Brian and Jake sit down to help answer the questions you have about valuing your business during a divorce during the ongoing pandemic. The Texas Family Law Podcast is available for download on Apple Podcasts, as well as on SoundCloud and Spotify.
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As many couples get married, buying a home is a common next step, if not already taken prior to their marriage. In the event of a divorce, many are concerned about who will be responsible for the mortgage payment during the divorce and of course after the divorce is finalized. (more…)
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In our previous blog, What is Separate Property, we delve into the basics of understanding what is deemed separate property by the Courts. As a debrief, a spouse’s separate property consists of the following: the property owned or claimed by the spouse before marriage; the property acquired by the spouse during marriage by gift, devise, or descent; and the recovery for personal injuries sustained by the spouse during marriage, except any recovery for loss of ...
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If there is a separate property interest in a house? The court has only two options: award the house to the spouse with the separate property interest or order to sell the house. If either spouse has any amount of separate property interest in a house, the trial court does not have the ability to award the property to the other spouse. A court also cannot divest a spouse of his or her separate property interest in a house. Once the separate property interest is proven, the trial court can on...
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Going through a divorce is incredibly heart wrenching, and after filing, you start to wonder, if you haven't already, how your marital property will be divided between you and your spouse. We created this guide to provide an overview of how property may be divided by a court in a divorce and how you can prepare yourself to help achieve a reasonable outcome in your divorce. (more…)
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The Basics of Texas Marital Property Law and Retirement Dividing retirement accounts in a divorce can be complicated. If you want to protect your retirement or believe you are entitled to some of your spouse’s plan, understanding the details of your case and how the law handles questions of ownership is essential. Texas is a community property state. This means that all property divided in a divorce is presumed to fall under the characterization of ‘community property....
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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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