Texas is one of several states that uses the rules of community property to determine the split of assets and debts in the event of a divorce. Here’s what you need to know to make sure you get your fair share.What Is Community Property? The community property...
Estate planning is essentially the process by which you determine how to distribute your assets once you pass away. Although it might at first sound like a grim topic, it’s actually about life; what you have built over the years can help your loved ones live...
You may no longer be romantically involved with your ex-spouse, but that doesn't mean that their finances don't affect you. Couples who have divorced or are divorcing can still have arguments about finances, even if they have remained amicable. Older couples in...
During divorce, many Texas fathers worry that splitting from their spouse will result in a split from their children. Traditionally, a mother was granted custody of her children after divorce, and a father’s involvement was limited.Fortunately for fathers, this...
During a divorce, your world turns upside down. You are already losing your spouse, now you worry that you also have to lose your home.Most couples worry about their house’s fate as they consider diving up marital property. Your home is a key part of your...
You and your spouse are young and healthy. You are busy juggling work and taking care of your children. Writing a will may be the last thing on your mind. However, all parents should prepare a will in case of an emergency.You need to establish who will take care of...
Coming to a divorce can be a harrowing decision. Many couples struggle with coming to the conclusion, weighing many factors, including personal and financial ones. If kids are involved, a difficult decision can become nearly impossible. Yet, nearly half of all married...
Not all marriages are based on trust. One spouse may hide assets or money in an attempt to leave the marriage with them. Unfortunately this happens more than it should. A 2015 report from CNBC stated that about 7.2 million Americans have hidden accounts — in a bank or...
Mediation is a type of alternative dispute resolution that is generally ordered in a case filed with the court. The collaborative family law process is designed to resolve disputes without court involvement.Many people use the terms interchangeably, but as you can see...