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September 2014 Archives

Determing the real value of assets in divorce

Texas couples who have decided to dissolve their marriage must come to an agreement regarding the division of their assets or accept that a court will do it for them. It is important to understand that some assets may hold more value than they initially appear and that taxes can negatively affect the value of certain assets.

Factors that might affect alimony in Texas

When the courts make rulings regarding spousal support after a marriage ends, they consider a number of different factors. These factors can affect the amount, duration and periodicity of payments. Understanding how the courts make those decisions can be helpful to individuals who are involved in a contentious divorce.

Understanding how a paternity suit works

Texas parents may want to know more about paternity suits and how they work. A paternity suit is used to legally determine a biological parent. Paternity suits may be brought by a parent wanting to maintain a relationship with a child or by a parent seeking child support. They arise when there is a disagreement about who a child's biological parents are or when one parent will not cooperate in making that determination.

Pros of prenuptial agreements

In Texas, almost any asset that a person acquires during marriage is considered community property. In the event of a divorce, community property is split equally between the two parties. In some cases, separate property that was owned by one spouse prior to marriage may become commingled with community property, making the separate property indistinguishable. Having a prenuptial agreement may be a way to ensure that separate property is protected in a divorce.

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