In Texas, couples who decide to divorce must divide the assets they have accumulated during their marriages. Each spouse is entitled to receive to a "'just and fair' division (which may often translate to one-half) of what was amassed during the marriage....
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Month: August 2021
Your business during a divorce
The best you could wish for during a divorce in Texas is an equitable division of your marital property. What many people are challenged with, instead, are claims for their separate property like businesses. You might be willing to give your spouse everything except a...
Dividing retirement accounts in a divorce in Texas
Texas courts view any contribution you made to your retirement accounts as marital property, and therefore, they are subject to division upon marriage dissolution. Read on to find out how the judge will likely split your 401(k)s, IRAs, Roth IRAs and pension accounts....
What is community and separate property in divorce?
The divorce process raises a lot of questions and when the unfortunate time comes around it is easy to see why. Most couples who tie the knot have never expected to untie it. They are likely doing it after having amassed a life together (and all the assets that come...