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Divorce can be tough on finances, and it is crucial to protect your assets during this time. In Texas, community property laws dictate that most assets acquired during the marriage are subject to division. However, there are strategies you can employ to protect your interests and ensure a fair outcome. A Texas lawyer can help…

A prenuptial agreement can be an excellent way to ensure a couple lives with the peace of mind that comes from having reasonable expectations. When drafting a prenuptial agreement, a couple about to be married needs to ask some uncomfortable questions and think realistically about their expectations of each other. Once they have gotten through that…

Dividing up money property at the end of a marriage can be challenging even for spouses who are cooperating. Married couples often acquire significant assets together such as houses, investment accounts, and joint retirement savings. Texas is a community property state, meaning that all earnings and assets acquired during the marriage are the property of both spouses.…

Financial misconduct, otherwise known as ‘ dissipation of assets,’ in a divorce is when one or both spouses spent, gave away, transferred, converted, or otherwise mismanaged money or assets that would have been subject to property division in divorce. An example of this would be when a wife goes on a business trip and decides to…

When two individuals are married, sharing a bank account seems like a good idea; after all, all of their money is going towards the same expenses, including housing, food, clothing, vehicles, and entertainment. However, when those same two individuals separate, all of ‘our money’ becomes ‘my money,’ and that joint account is suddenly not big enough to…