The New Hampshire Supreme Court ruled that a court must consider time that a couple lives together prior to marriage as a factor in division of assets. The ruling, a landmark decision in New Hampshire, does not require a court to alter the division that the court seems fair in a divorce, but asks the
Do the 12 divorce myths apply in Texas? (part 2)
This post is a continuation of the discussion about the 12 Top Divorce Myths. Here’s the link to part one: Do the 12 divorce myths apply in Texas?
Myth 7: You can avoid paying child support.
Child support is a mandatory order in Texas and must be ordered absent extreme circumstances. If you are ordered
Do the 12 divorce myths apply in Texas? (part 1)
Do the 12 divorce myths apply in Texas?
The Huffington Post ran an article recently about the 12 Top Divorce Myths. The article was written by Daniel Clement, renowned divorce lawyer in New York, and they all hold true in Texas divorces as well. My favorite myth is #8. Read on to learn
Small business issues in a Texas divorce
On Monday, February 29, 2016, Attorneys Michelle May O’Neil and Jere Hight presented a webinar on Small Business Issues in a Texas Divorce through the West LegalEdcenter, a Continuing Legal Education resource for attorneys looking for accredited educational opportunities within their given practice area. West LegalEdcenter hosts its webinars for 180 days, allowing lawyers to
Tracing separate property money in an account
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
5 questions if you want to keep the house after divorce
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.
Who gets the house in a Texas divorce?
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
A spouse owns a business in Dallas Texas but how does an attorney handle that in a divorce?
Did you know that businesses with fewer than 500 employees account for over 99% of all employer firms in the U.S.? And, very small businesses with fewer than 20 employees account for half of the country’s nonfarm GDP and have generated 60-80% of the net new jobs over the past decade?
For the entrepreneur of
Top Five Concerns Regarding Small Business Ownership and Divorce in Texas
When the parties to a divorce own a small business, a Texas divorce can have a deeper and more difficult effect. Not only are the emotions high due to the breakup of the relationship, but also one spouse or both spouses may be concerned about their future livelihood after the divorce because of the division
Practical guide to asset division in a Texas divorce
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