Divorce proceedings can often lead to contentious battles over asset division. For the most part, parties go through the process and play by the rules. But every now and then, some individuals attempt to hide assets to gain an unfair advantage. This week we’ll talk about the potential consequences of such behavior and why you
This article is limited to transactions on exchanges only. The next entry will address remainder addresses in non-exchange scenarios.
For a better understanding what cryptocurrencies are, please read the first article in this series, available here: https://www.dallastxdivorce.com/2018/08/articles/articles/cryptocurrency-and-family-law-the-basics-part-1/
Everyone in the world can see when cryptocurrencies are transferred. Public addresses are wallets, and generally remain the
Cryptocurrency and Family Law: The Basics (Part 1)
Cryptocurrencies like Bitcoin and Ethereum are not going away any time soon. Both have been sanctioned by the United States government, and millions of people within our country utilize these electronic currencies every day in a variety of ways. Some use them as vehicles for investment, some
Is it easier to get rid of the spouse or the house? 
In many Texas divorces, the house is one of if not the major asset to divide in the property division part of the divorce. And it causes some of the most friction between the divorcing spouses. Maybe the spouse wants to try to
In Texas, all property owned during the marriage is presumed to be community property of the parties, subject to division upon divorce. That presumption may be rebutted by showing that some assets are separate property of one of the parties. Separate property is that property that was owned by a spouse before the marriage or
In December, Dallas showed up in the #4 spot on Realtor.com’s list of hottest real estate markets. It moved up one spot from November, when it was ranked at #5. In the latest report, Dallas was outranked by only three other U.S. cities (all of them in California) — San Francisco, San Jose and Vallejo.
A lot of times the question comes up of “who gets the house”. Because the home is often the largest single asset in a divorce, it is important to know what courts consider in making this decision. First, courts consider the ability of the parties to continue making the mortgage payments, taxes, insurance, and other
During a Texas divorce, one major issue to deal with is the division of the spouses’ assets and debts. There are several steps that must occur during such a division. First, the assets must be identified. This is typically done by completing a sworn inventory and appraisal which lists all of the assets and debts
Over the past few years we have seen with great emphasis how the real estate market can change over time.
Continue Reading Real estate in a Texas divorce – What do you need to know?
January is the month of renewal – closing the door on the negativity of the prior year and planning for the challenges of the new year. Many commit to weight loss, exercise, or stopping smoking at the start of a new year as an opportunity to make improvements in their lives. On the other hand, some people use the beginning of a new year to make new personal beginnings, such as ending their marriage.
Continue Reading Divorce in the New Year Protecting Your Business
