Alaska is a long way away from Texas yet when it comes to the very rich divorcing; they are not so far apart. Many high asset couples go to great lengths to hide assets from one another when faced with divorce. In a recent article in Forbes magazine, the case of one Alaska man’s attempt...Read More
Prenuptial agreements are becoming increasingly commonplace in modern society. With more and more people opting to marry later in life and coming to the table with substantial incomes and assets, prenuptials are seen as an additional protection to a person’s financial future. As with any type of contract, prenuptials require a certain level of skill...Read More
We all know what kind of stigma alimony carries. While in the past alimony may have been considered a payment from the working man to non-working women, it has caught up with gender equality and more men are being awarded alimony. Alimony is designed to bridge the income gap after divorce, and it stands to...Read More
For small-business owners, the decision to get married comes with a whole separate bag of concerns aside from the typical prenuptial challenges. Whether their business is small and manageable or successful and growing, sole proprietors can make minor changes to their business that may offer major protection for their assets in the event of a...Read More
Depending on the circumstances surrounding your divorce, you may be worried about your ex rushing into introducing your child to their new significant other. While this situation can cause hurt feelings and anger on your part, it can also be confusing and frustrating to your child. If you are concerned about the possibility of your...Read More
Yes, alimony is still a thing. And yes it can be rehabilitative or go on until an order changes it or it runs out. While the general concept of alimony is pretty common knowledge, many don’t realize that it can be paid to more than one person at a time. In some ‘rebound’ marriage divorces,...Read More
In the event of a divorce, one spouse may agree to paying spousal support, either a voluntarily settlement or through a court order. Of course, wherever money changes hands, Uncle Sam will want his cut, and this holds true for alimony as well. The former spouse who pays alimony can deduct alimony payments on that...Read More
On Jan. 26, the ex-wife of a former Texas billionaire filed a lawsuit claiming that she was not awarded her fair share of the community property in the original divorce settlement. She also sued her ex-husband on Nov. 6 for failing to make the annual $500,000 alimony payments that she was awarded in July 1993. The...Read More
Some Texas residents may be interested in restoring their pre-marital name after divorce. This may be done as part of the divorce order or at a subsequent time. The easiest way is by asking the court to include it when the marriage is dissolved. Once the order is handed down by the divorce court, an...Read More
