By Brian Tackett | Published September 7, 2020 | Posted in Divorce Law, Family Law | Tagged Tags: closely held business, community property, marital assets | Comments Off on Dividing Closely Held Business Ownership in a Texas Divorce
Aside from the typical property division issues involved in divorce, there may be a business interest that both spouses may be entitled to share. This includes a stake in a closely held company, even if only one spouse is the actual owner. Texas is a community property state, which means that all property acquired by Read More
Read MoreWhen considering a divorce in Texas, the first concern many people may have is: how much of our “stuff” is the other party entitled to? In order to answer this question, you must first have a general understanding of how property is classified in Texas. In Texas, for purposes of property division, property is either Read More
Read MorePeople with personality disorders often seem to have two personalities. They might be quite reasonable at work and with friends, then revert to dysfunctional, extreme behaviors at home. Personality disorders usually begin in childhood or adolescence, and while those around people with personality disorders wish they would change, it doesn’t happen without: 1) recognition, 2) Read More
Read MoreGoing through a divorce is a stressful time in anyone’s life. When the judge pronounces “You are divorced”, there’s the immediate reaction of relief and a sense of finality. For some people, when they leave the Court, it is final. However, for many others there is still a lot of work left to do. If Read More
Read MoreWhen a couple dissolves their marriage, they often don’t fully grasp how the divorce affects their children. Children, regardless of age, are significantly affected when their parents are going through a divorce. Often, during a divorce, the effects on children can be just as drastic as they are on the parents, and often even more Read More
Read MoreDivorce is a very stressful process under the most ideal circumstances, and the pressure and fear gets so much worse if you suspect your spouse is hiding assets — in divorce negotiations, this issue often comes up. Divorces are mentally, emotionally, and often physically draining, even when the divorce is amicable. For many people, divorces Read More
Read MoreA Guide to Child Support in Texas Child Support is money that one parent pays to the other parent to help support his or her child. In the majority of cases, one parent will have the child the majority of the time. In those cases, the parent who has the child the lesser amount of Read More
Read MoreLet’s discuss social media and divorce, and how what you post online can affect the outcome of family law cases in Texas. In today’s society, communication and self-expression have become increasingly simple thanks to the widespread use of social media. With various forms of social media and electronic messaging becoming a fixture in the daily Read More
Read MoreThis article only concerns military retirement and divorce in Texas. Recently, the United States Supreme Court issued a ruling that could significantly impact former members of the military and their spouses who are divorced or going through a divorce. According to some estimates, this could potentially affect tens of millions of people. In May 2017, Read More
Read MoreDivorce Checklist: Still More to Do Going through a divorce is a stressful time in anyone’s life. When the judge pronounces, “You are divorced,” there’s the immediate reaction of relief and a sense of finality. For some people, when they leave the Court, it is final. However, for many others, there is still a lot Read More
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