Business owners facing divorce go through all the emotions and stress associated with divorce, plus the added pressure of deciding how and what to do with the business itself. In this article, our Frisco and Plano divorce lawyers offer four tips to help Texas business owners prepare for the divorce process. Tip #1: Never Mix Business and P...
Read More
Divorces involving significant and complex assets are not like other divorces. There is much more at stake financially. If the right experts are not used and if an experienced legal team is not leveraged, you stand to lose a great deal. Here are some of the most common mistakes that you must avoid during a high-asset divorce. 1. Acting Qui...
Read More
For divorcing couples, significant assets create significantly different sets of concerns. There may be privacy issues, business interests, tax issues and wealth/estate planning aspects to a high-net-worth divorce that aren’t present in other marriage dissolutions. And, of course, the spouses generally want to avoid burning through the...
Read More
Contrary to what we see in the movies, not all divorces must end up in a heated courtroom battle. Many couples see their differences and agree together to walk away. If this sounds like you and your spouse, divorce mediation might be a great choice for you. 5 Benefits of Divorce Mediation During mediation, you and your spouse will ...
Read More
If you’ve been contemplating divorce or if you’ve been presented with divorce papers, you probably have many questions. Perhaps you own a business and have many financial assets; you wonder what will happen to both. You may also have children you wish to protect. In our practice, there are various questions we hear most ofte...
Read More
Spousal support, known as spousal maintenance in Texas, is often requested by many individuals going through a divorce. Unfortunately, it can be difficult to get the court to approve support, even if you believe you’re entitled to it. Texas Spousal Maintenance Qualifications Texas takes spousal support seriously and the courts d...
Read More
“How will our assets be divided in the divorce?” “Will I lose my business? Everything?” “Will debts be divided between us, too?” These are some of the most common questions we receive from clients at the start of the divorce process. Although property division isn’t always cut and dry, some basic rules can help you...
Read More
When you know you’re headed for divorce and you own a business, you might have some concerns. Does one spouse get the whole company? Will we go out of business? Let’s discuss five of the most common myths about business owner divorce that our Dallas attorneys have heard over the years. Myth 1: There Is a “Best Way” to Divide a...
Read More
If you or your spouse own a business, or if you’re partners in a business, then your company will likely play a central role in your divorce. In Texas, your ownership interest can qualify as “community property,” which means it’s subject to division during divorce. In many cases, one spouse agrees to give up his or her owners...
Read More
The travel, the stress, the money—all of it combines to push many athlete marriages past the breaking point. When a high-profile athlete gets divorced, social media and TV can be merciless. This makes the situation even harder as details of the marriage hit the headlines. Professional athletes should strongly consider creating a prenupti...
Read More
