According to the latest statistics, the divorce rate for 2017 was approximately 35%. While that is a slight reduction from previous years, the prospect of filing for a divorce is still a concern for many Texas residents. Those who have drafted a prenuptial...
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A prenuptial agreement can reduce stress on business owners
In the past, the majority of couples did not consider a marital contract an essential part of wedding planning. However, those who own a business may find that a prenuptial agreement deserves careful consideration. Texas residents may find that these contracts...
Former NBA legend ordered to pay exorbitant child support
No matter where one lives, one thing that can unite Texas residents with residents of other states is the love of professional sports. While many of the athletes are held up as examples of what anyone with talent and drive can achieve, the world of professional sports...
There are ways to reduce tax burdens in high net worth divorce
For approximately 70 years, the alimony tax deduction helped families reduce taxes after a divorce. With the tax reform act that went into effect at the beginning of 2019, the option for deducting alimony payments from taxable income for the paying spouse was...
Supreme Court custody case could impact parental rights
Over the past several years, there have been changes to laws that affect families and children. With the passage of marriage equality in 2015 by the Supreme Court, other changes regarding child custody have been undertaken in several states. However, there is concern...
High net worth divorce parties benefit from 3 practical points
The process of blending two lives in marriage requires patience and a period of adjustment. However, the process of obtaining a divorce is often much more complex, especially when it's a high net worth divorce. Texas residents who are contemplating this step may...
Man ordered to share lottery winnings in property division
Couples who realize that a marriage is no longer sustainable often seek separation before they begin divorce proceedings. Those who have initiated those proceedings may believe that property division agreements only apply to those assets that were jointly owned during...
Study reveals wide disparity in child support across the country
The costs of raising a family varies across the country. It may seem logical that child support orders would reflect the cost of living in a particular location. However, one recent study suggests that even though Texas calculates support differently than most,...
Strong economy boosts increase in high net worth divorce filings
When the economy is floundering, many unhappy couples are more willing to tough it out, rather than divide limited resources. However, when the economy is experiencing an upswing, unhappy spouses are more inclined to file for divorce. Texas residents who are...
How will a job loss affect property division negotiations?
The process of going through a divorce includes critical decisions that may impact one for the foreseeable future. If, during the divorce proceedings, one or the other spouses loses a job, then there will be concerns over property division. Texas residents who...

