It may be easy to assume that you know what to expect as you enter into your divorce proceedings in Texas. Yet as many of our past clients here at Terry L. Hart, Attorney at Law may attest to, there will almost inevitably be a few surprises that arise. One of these is...
Property Division
How do you navigate a spouse selling a company before divorce?
You started a business after marrying your current spouse. With the two of you divorcing, do you or your soon-to-be-former-spouse have the right to sell the company right now? Chron describes scenarios and options for handling a spouse selling a business during...
What are the most important things to know about property division?
Property division in a divorce in Texas occurs using the concept of community property, which is different from most other states. It can make for some complex situations as you try to divide your assets. According to the Texas Constitution and Statutes, the court...
Preserving ownership of a business during a divorce
Without proper planning, a Texas divorce may end with two spouses dividing all of their assets in half, which includes stocks or ownership interests in a company. A business started during a marriage generally becomes community property unless a written and signed...
Removing yourself from joint accounts after divorce
Divorce can be an exciting, confusing, emotionally turbulent time in your life. From determining child support and child custody to dividing assets and debt responsibility, you will face numerous challenges while separating one household into two futures. There are...
3 things to know about asset division
Dividing assets is more than just splitting your bank accounts down the middle. It is a complex process that often requires assistance from accountants and investigators. Just because it is complicated does not mean it is unapproachable — although there is no doubt...
Who pays joint debt after a divorce?
From credit cards to automobile loans and more, divorcing couples must figure out how to deal with their shared debt when they part ways. The decisions about these debts generally becomes part of the larger property division settlement negotiations. Once a couple...
What happens if your spouse tries to hide assets?
Texas couples who decide to divorce already have a lot on your plates. But when you start dealing with property division, the situation can get even trickier. Tensions and tempers run high, and sometimes, a spouse may try to hide assets from you. But if your spouse...
What issues are important in a ‘gray divorce’?
There are many hardships that people in Texas go through during their lives. This is true for people’s marriages as well and couples need to work through many difficulties throughout a marriage. However, for many different reasons the difficulties can become too much....
Specific options to help couples divide a family business
This blog recently discussed some of the challenges around dividing a family business during divorce. It can be helpful to couples going through the challenges of dividing a family-owned business to take a little closer look at the different options available, and...