Citing an irretrievable marital breakdown as the result of irreconcilable differences, Kenneth Griffin recently filed for divorce in another state. This filing was not entirely unexpected, as the couple had been separated for over a year. However, his wife was unaware...
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Month: July 2014
Should pets be part of property division in a Texas divorce?
A survey in February showed that there is an increasing number of divorce cases that involve pet custody issues. Pet owners in Texas and other states seem to be unhappy about the way most courts classify their beloved pets as part of community property and deal with...
Mortgage payment issues may arise after property division
One of the issues that often arises during a divorce is whether one spouse should keep the family home or should it be sold. The decision to keep the home may complicate the property division process. If the couple purchased the house after they were married, it would...
Debt belongs to both spouses under Texas community property law
It is not uncommon for financial disputes to be blamed for the breakdown of many Texas marriages. Such conflicts often occur because couples failed to discuss their personal financial positions prior to the marriage. Not many individuals appreciate learning about a...
Record choice of community estate in prenuptial agreement
While most Texas couples would prefer not to give thought to the possibility of divorce at the time they get engaged and start planning their wedding, it is difficult to ignore statistics that show that about half of all American marriages end in divorce. No matter...