Collin County Texas Divorce Standing Order

Posted on May 29, 2009 by Michelle O'Neil

In Collin County, Texas, every divorce that gets filed has the Collin County Standing Order attached to it, which is effective against both parties to the divorce.  The Standing Order replaces the previous procedure to apply for the standard family law restraining orders.  The purpose of the Standing Order is to provide some general rules of behavior for parties during a divorce. It prohibits behaviors such as changing the child's school or day-care, making harassing phone calls, or opening the other parties mail.  It also prohibits either party from changing beneficiaries on life insurance or disconnecting utilities at either party's residence.

As far as enforceability... the Standing Order is not very enforceable.  So, if there's some behavior you are particularly interested in curtailing, the better course of action is to get an order from the court directed specifically at the party to prohibit the action. 

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Hidden Assets in Divorce

Posted on May 14, 2009 by Michelle O'Neil

Frequently we are asked what recourse is available when one spouse attempts to hide assets of the marital estate during a divorce.  Not only is such conduct highly unethical, it is fraudulent as well.  Typically a forensic accountant is called in to help search for hidden assets.  In our experiences, here are some reoccurring methods used to hide assets:

  • Purchasing lavish antiques, artwork or hobby equipment.  Often times property such as this is overlooked and undervalued;
  • Collusion with an employer to delay the payment of bonuses, stock options or raises;
  • Setting up a custodial account in the name of a child;
  • Repaying a "debt" to a family member or friend when such payments were no previously made;
  • Salary paid to a non-existent employee if the spouse is a business owner;
  • Money paid to close friends or family members for "business" services not actually rendered; and
  • Investment in municipal bonds or Series EE Savings Bonds for which no interest is reported on tax returns.

If you suspect you spouse is hiding assets it is a good idea to review all financial records prior to filing for divorce.  If you are responding to a divorce we suggest you retain the services of a qualified forensic accountant.

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