Tax Consequences of Divorce
Going through a divorce can be difficult enough in and of itself. To know that you also need to be looking ahead to post-divorce life in order to best protect yourself and your well-being as you start off on a new chapter in your life can be overwhelming. One of the considerations you should...
Can I Oppose Divorce?
Way back when, a divorce in Texas would only be granted for certain, specified reasons. To seek a divorce, a spouse had to both allege and prove one such specific reason to get a divorce. Should he or she be unsuccessful in proving the alleged reason for seeking a divorce, then the divorce...
What Is the Difference Between Fault and No-Fault Divorce?
If you have considered getting a divorce, you may have seen the terms “fault” and “no-fault” come up in any initial research you may have done. Divorce is a complicated area of law, a highly personal one, and one that can have profound impacts on the personal and financial future of anyone who...
Is My Spouse Entitled to Half of My Business?
In a Texas divorce, marital assets are subject to equitable division. Marital assets are considered to be, with certain exceptions, those acquired, those that gained in value, or those that both spouses contributed to building during their marriage. This can include a business. If you are a business owner and are in the...
My Spouse Wants a Divorce—What Do I Do?
Whether expected or unexpected, having your spouse directly inform you that he or she wants a divorce can send you reeling. Even saying the request out loud can feel like a marked change has fallen over your relationship. If your spouse has asked for a divorce, it will likely take a minute to...
Do You Need a Divorce for a Common Law Marriage?
Did you know that you can have a common law marriage in Texas? It is true! There are, however, specific requirements for a common law marriage that must be met. If you and your partner have met the requirements for a common law marriage in Texas, you may, at some point or another,...
Relocation after Divorce
After a divorce, you may be looking for your fresh start. This fresh start may involve a move to be closer to family or perhaps for a new job. If you have children with your former spouse, however, moving may be more difficult than just packing up and heading out. Here, we will...
What Does a Forensic Accountant Do During Divorce Proceedings?
There are so many issues at play in a divorce. Things can turn to a mess at many different levels. One such level involves finances. The financial aspects of divorce can be emotionally charged and messy. This can lead people to do all sorts of things by justifying that they are protecting what’s...
When Divorce Mediation Might Be Right for You
Have you decided that your best path going forward involves divorce? It is the right decision for many and can signal a fresh, brighter start for many people and their families. To help ease the process, many reap the benefits offered by divorce mediation. A frequently used negotiating method in the divorce settlement...
The Role of a Forensic Accountant in Divorce
Divorce is stressful even under the most amicable, honest, and open of circumstances. Throw in complex financial matters and spouses that are being less than forthright and transparent with critical pieces of information and things can get tumultuous fast, to say the least. Financial matters can be some of the most heated, contentious...