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
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
Texas residents may be interested in some of the issues that professional athletes run into when it comes to marriage and divorce. Due to the particular aspects of an athlete’s lifestyle, many find out too late that marriage is not for them. For the average American, the divorce rate is around 50 percent. However, divorce...Read More
Texas fans of Terrence Howard might expect that his various roles in major productions have left him with a sizable disposable income. This is not the case, however, according to the “Hustle & Flow” star. Howard recently suggested that he was unable to afford the $325,000 alimony payments to his former wife to whom he...Read More
Statistics are often used to describe a number of trends, common occurrences and reasons why this or that might happen. Statistics are extremely common in divorce conversations, and in some cases they might be very informative, but that isn’t always the case. A great attorney knows that each family in North Texas is unique and...Read More
