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 divorce. A successful business has assets that, in the event...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 child seeing their other parent in a new relationship role...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, an ex spouse could find themselves again ordered to pay...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 year’s tax return. This is because the partner who receives...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 couple was divorced in 1991 after being married for 13...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 individual may use a certified copy to change the name...Read More
