Texas couples who are divorcing may be facing complex asset division, and the same is true of the founder of hedge fund firm Citadel LLC. Kenneth Griffin has filed for divorce from his wife of 11 years. Citing "irreconcilable differences" as the reason for their...
Month: July 2014
Spousal support in Texas
While many people think of alimony as any money given from one spouse to the other after a divorce is finalized, there are actually two separate types of spousal support in Texas. The first is called spousal maintenance and may only be collected for up to 10 years....
Splitting a residence when a marriage ends
When a couple in Texas decides to end their marriage, they might not be sure how to handle ownership of home and the associated mortgage. In some situations, a former couple might opt to sell a property and split the profits after a divorce. However, another option is...
Importance of fighting for retirement assets in divorce
According to a survey conducted by the Securian Financial Group, almost one-third of the divorced respondents did not get a share of their spouse's retirement benefits in their divorce settlement, and they also reported being unaware that they were entitled to a...
Terms of McCourt divorce settlement upheld
A recent high-profile divorce case may be of interest to individuals in Texas who are involved in a contentious separation. The case involves Frank McCourt, the former owner of the Los Angeles Dodgers, and his former wife. According to a report, the former couple...
