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Category Archives: High Asset Divorce

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Do you want to keep your business after your divorce?
Mar 14, 2019

Do you want to keep your business after your divorce?

As an entrepreneur, your business is part of your identity. While everything may seem to have become topsy-turvy during your divorce, you may find some stability by focusing on your company. Nonetheless, if your business is marital property, you could lose it after a divorce.…

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How to protect your business in a divorce
Dec 04, 2018

How to protect your business in a divorce

Divorce will bring an array of emotions. For some people, divorcing a spouse will be a joyous time, as exemplified by one Texas woman who used the occasion to blow up her wedding dress. For most people, divorce will bring stress, especially if you own a business. If…

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Separate versus community property in the event of divorce
Oct 31, 2018

Separate versus community property in the event of divorce

More and more people are becoming aware of the need for estate planning in Texas. Protecting assets for one’s heirs has become an important issue and people realize they can protect those assets with an estate plan. Most plans attempt to cover all foreseeable contingencies.…

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Remember to include these 6 assets in your divorce settlement
Sep 21, 2018

Remember to include these 6 assets in your divorce settlement

When you and your spouse are breaking up, you have a lot of financial concerns. You may feel nervous about how the property division process will play out. Chances are you are thinking about some of the most obvious assets, such as the family home,…

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How to protect retirement accounts in a divorce
Sep 05, 2018

How to protect retirement accounts in a divorce

Divorce has decreased in recent years around the country. However, there is one demographic where the divorce rate has actually increased. Reports show that people over the age of 50 are more likely than ever to divorce, according to the Pew Research Center. There are…

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Retirement accounts may be only way to avoid 2019 alimony taxes
Jul 05, 2018

Retirement accounts may be only way to avoid 2019 alimony taxes

Divorces can often drag out over a long period of time, but high asset individuals may want to take steps to finalize their agreements sooner than later. Under new tax laws, people who divorce after Dec. 31, 2018 will no longer be able to deduct…

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Misunderstanding of separate versus community assets in divorce
Jun 30, 2018

Misunderstanding of separate versus community assets in divorce

Couples or individuals can often get tripped up with common mistakes during a divorce. For Texas divorcees, these often result from misunderstandings of family law and financial mismanagement. Whether it’s a misunderstanding of separate versus community property or reckless financial behavior following a separation, these…

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Divorce involving retirement accounts, other assets can be tricky
May 16, 2018

Divorce involving retirement accounts, other assets can be tricky

Sometimes, marriages in Texas come to an end no matter how hard couples try to make them work. However, that does not necessarily mean the divorce process has to be a drug-out, painful one. This is true even if two spouses may not necessarily be…

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Dividing retirement accounts, other assets can be tricky
May 05, 2018

Dividing retirement accounts, other assets can be tricky

When two individuals in Texas decide to get divorced, they may naturally be overwhelmed, not knowing where to start. After all, divorce is a complicated emotional process as much as it is a complicated legal and financial one, especially for those dividing large assets, such…

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