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March 2019 Archives

How business assets are handled in divorce

If a couple owned a business while married, it will likely need to be divided in a divorce. To determine how to divide a Texas company, it must first be determined how much the company is worth. From there, the former couple can determine how they want it to operate going forward. It is possible for people to remain business partners after their marriages come to an end.

The role of cryptocurrency in divorce cases

It isn't uncommon for couples who are getting divorced to have disputes over money. However, Texas residents may complicate matters when the money takes the form of Bitcoin or other digital currencies. According to a 2018 survey from the Global Blockchain Business Council, only 5 percent of respondents said that they currently owned virtual currency. However, another 21 percent were considering such an investment in the future.

How parents can overcome conflicts with each other

Texas parents who are divorced may have trouble working together at times. However, there are ways in which exes can get over their issues with each other and focus on what is best for the children. For instance, instead of arguing over parenting time, it can be a good idea to create a long-term plan that is updated annually. Ideally, each parent will play an equal role in the child's life after the marriage comes to an end.

Challenges of grey divorce

Elderly divorce rates have been increasing over the past few decades. Back in 1990, about 10 percent of people over the age of 50 filed for divorce. About a quarter of people over 50 file for divorce today, giving them the name of "grey divorcees." What some people living in Texas might find surprising is that this is all happening against a backdrop of overall declining divorce rates in America.

A prenuptial agreement can benefit any couple

For years, many people considered prenuptial agreements to be something only for the wealthy who care more about their finances than their marriages, or the kind of legal tool one spouse might use to ensure that the other spouse gets nothing in the event of divorce.

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