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Divorce

Friday, July 6, 2018

How Men and Women Deal With Divorce Differently

Do women or men move on more easily after a divorce?

It has been said that men are from Mars and women are from Venus, and these differences in personality extend to the realm of divorce. An article by Kathleen O’Connell Corcoran explores the differences in how men and women are impacted by divorce. Knowing how your gender tends to cope with divorce can help you to move past divorce or assist a friend going through a divorce. Our


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Wednesday, June 20, 2018

A Look At the Most Expensive Divorce Settlements Of All Time

What factors should high net worth individuals consider a divorce?

When ultra-wealthy couples divorce, it often makes headline news. Mega celebrities like Tiger Woods, Madonna, and President Trump have all been hit with costly divorce settlements. These massive divorce settlements are nothing compared to the top divorce settlements of all time. Our


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Wednesday, June 13, 2018

Rushing to File for Divorce

Does it matter who files for divorce first?

Deciding to file for divorce is never easy. Divorce is a major step that will have an impact on your life. Once you have determined that divorce is your best course of action, you should consult with an experienced divorce attorney right away.


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Tuesday, May 22, 2018

Dissipation of Marital Assets in Texas

What are the consequences for wasting marital assets in Texas?

Divorce can get ugly, and sadly some bitter spouses will do anything to avoid giving their spouse a fair cut of the marital assets. One of the most common ways in which a spouse can reduce the number of marital assets is through marital waste. When a spouse intentionally squanders marital assets in order to prevent the other spouse from receiving a fair share, this is considered marital waste.


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Tuesday, May 8, 2018

Including a Forensic Accountant on Your Divorce Team

How could a forensic accountant benefit my divorce case?

Finances are often the most contested issue in a divorce. During your divorce in Texas, all marital assets and debts must be separated between the spouses. A fair divorce requires financial transparency, but at times a spouse will attempt to conceal assets. A forensic accountant can prove invaluable in uncovering hidden assets or dividing complicated assets. For high earners or divorces potentially involving hidden funds, a forensic accountant could be a vital member of..


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Thursday, April 19, 2018

Common Law Marriage in Texas

Does Texas recognize common law marriage?

More Americans today are electing to cohabitate before or as an alternative to getting married. When a long term cohabiting couple splits, it can raise issues quite similar to divorce. After all, these couples may own property together, have children, and intermix their assets. In some states, long term cohabitating couples are deemed married and can seek a divorce just like a married couple. Other states refuse to recognize so-called common law marriages.


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Monday, March 12, 2018

Including Your Pet in Your Texas Divorce


Who will keep our pet after the divorce?

Your pet is a treasured member of your family.  If you are considering filing for divorce, you may be concerned with what will happen to your pet post-divorce.  Texas courts take the position that pets are property, not family members.  Nonetheless, there are steps divorcing couples in Texas can take to ensure their pet is care for in the best manner possible post-divorce, which may include setting out ownership of the pet in your


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Tuesday, March 6, 2018

Bitcoin and Divorce


How can cryptocurrencies complicate a divorce?

Cryptocurrencies have heightened tremendously in popularity in recent years.  Digital currencies like Bitcoin, Litecoin, and Ethereum allow internet users to purchase digital assets with relative anonymity.  Many users feel that cryptocurrencies represent the future of money as the currency cannot be counterfeited, allows for immediate settlement, can be accessed by anyone with the internet, and offer lower fees.  Already, leader Bitcoin has skyrocketed in value since its original inception.  Despite the potential benefits of cryptocurrencies, the existence of cryptocurrency can lead to complications when couples divorce.
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Sunday, February 18, 2018

Helping Your Friend Through a Divorce


What should I do if my friend is going through a divorce?

With roughly half of all marriages ending in divorce, chances are you may have already had or will have a friend going through a divorce.  As a friend, you want to be there and say the right things, but so often friends are unsure of how to react to a divorce.  Our West Texas divorce lawyers offer some tips for helping your friend through divorce.


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Wednesday, January 31, 2018

Divorce and Your Health Insurance Coverage

Will my health insurance coverage be impacted by my divorce?

Divorce has an effect on everyone involved, from the breadwinner to the stay at home parent.  Divorce will impact nearly every aspect of your finances and your life.  Your health insurance is one of the many things that may change due to your divorce.  Health insurance is critical to protect your wellbeing and the health of your family members, so it is important that you anticipate what will happen to your health care coverage after a divorce.
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Tuesday, January 23, 2018

The Consequences of Hiding Assets in a Divorce

What actions can I take if I believe my spouse is concealing assets?

Divorce can be costly for some well-to-do individuals.  As such, it is not uncommon for spouses to attempt to conceal their assets from their spouse and the divorce court in order to preserve their wealth.  A spouse may begin planning for divorce long before the actual filing by hiding funds offshore, using trusts, joint partnerships, and the like.  The spouses of those who hide assets may need to take action to uncover the missing assets and obtain their legal stake. Those who attempt to conceal assets could face potential charges from the IRS and negative consequences in divorce court.


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