Dividing assets during divorce is often a complex task. When valuable artwork is involved, the process can become even more challenging than it might otherwise be. In Texas, which follows community property laws, artwork acquired during a couple’s marriage is...
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Year: 2022
3 reasons divorcing spouses may argue over their marital home
Married couples sometimes find themselves arguing about their homes. They may disagree about the division of maintenance or about what major improvement project should be next on the family's agenda. The home where people live isn't just a source of comfort and...
Which co-parent can decide the church their child attends?
Regular church attendance during childhood may help create important social structure for children. It can help them understand the faith their parents observe and connect them to their local religious community. Sometimes, parents who belong to different religions...
3 ways to preserve the parent-child bond when sharing custody
For many parents preparing for divorce, the impact on their relationship with their children is their biggest concern. They worry that the children may grow to resent them for choosing to divorce or contributing to a spouse's decision to file. Others may worry that...
How can a forensic accountant help during divorce?
People generally realize that they require the assistance of professionals during the divorce process. Spouses typically require individual representation from experienced family law attorneys. Sometimes they may bring in additional support from professionals such as...
3 types of assets that are separate property in a Texas divorce
The property that people own during marriage typically falls into two main categories. The vast majority of assets acquired during a marriage are likely marital property that may be subject to community property rules if the couple divorces. However, some resources...
What happens to retirement savings in a Texas divorce?
Retirement savings accounts like 401(k)s often carry emotional significance for the workers who fund them. They may view the account balance as an indicator of their personal responsibility, as they deferred short-term pleasures to contribute to the account throughout...
Financial misconduct is common before and during divorce
Divorce is almost always a stressful process, but the choices that spouses make can make it that much worse. The average person is not likely on their best behavior during divorce proceedings. Instead, their intense emotions may lead them to engage in conduct that is...
Business valuation is often a challenging concern of modern divorce
Those preparing for a complex divorce typically have numerous property division matters to resolve with their spouse. Higher-value assets can very easily lead to more intense disputes and more challenges when settling property division matters. Few assets are more...
How a CDFA can help with divorce negotiations
Most divorces in Texas are challenging, but they can be incredibly stressful if a couple needs to split considerable assets accumulated during their marriage. Enlisting the help of a Certified Divorce Financial Analyst {CDFA) can make the process less stressful as...