Why jumping into a marriage can be a bad decision

It’s unfortunate, but about half of all marriages in Texas end in divorce. While every couple thinks they’re going to beat the odds, this isn’t always the case. Some people rush into marriage without knowing much about their partner while others get...

Divorce can have some positive financial outcomes

Texas residents who are planning to or in the midst of a divorce may be concerned with the hit their finances may take due. While it is true that for some people, divorce can result in financial complications, for others, there may be positive financial outcomes....

Community property and divorce asset division

When people in Texas decide to divorce, the financial consequences can be significant. Even after the emotional feelings about the end of the marriage have subsided and the practical matters are resolved, asset division can permanently change each partner’s...

Businesses are community property in Texas divorces

If you own a business and think you are the sole proprietor, Texas law does not necessarily agree. Family law views a business as a marital asset in this state. If you are married and get divorced, that business becomes part of the community property equally owned by...

Divorce and division of retirement assets

If you live in Texas and are getting a divorce, you may need to go through a process of dividing an annuity, an IRA or a 401(k). You may want to consult a financial professional along with your attorney during this process since there can be complex tax implications....

Qualified domestic relations orders explained

Qualified domestic relations orders, which are issued by family law courts, grant divorcees in Texas a portion of an ex-spouse’s retirement benefits. Benefits must be part of an employer-sponsored plan for the retirement plan to qualify. It is common to draft...

Real talk about divorce in Texas

Divorces can be tense situations. Couples are worried about how their assets will be divided and about how much time they’ll be able to spend with their kids. These are huge issues that impact people’s lives for years down the road. In Texas, couples who...