We have written extensively on this blog about how divorces in Texas impact property division -- and how in many cases, the largest asset a couple has is their house. In past posts, we have talked about how if one person or the other has entered the marriage with...
Property Division
Pre-marriage debts, assets are worth considering before wedding
On Behalf of Lisa E. McKnight, P.C. | Apr 10, 2013 | Property Division
When couples in Texas divorce, one of the most contentious issues is often property division. Of a couple's property, often the largest portion is real estate -- namely, the couple's house.In many cases these days, people enter a marriage with a financial disparity:...
Selling a house just one possible aspect of property division
On Behalf of Lisa E. McKnight, P.C. | Apr 5, 2013 | Property Division
For many people in Texas who are going through a divorce, one of the primary concerns is to figure out the aspects of property division. And, as many couples know -- or will find out -- oftentimes the biggest asset that needs to be divided is the family home.In some...
Man could be on hook for millions after prenup agreement nixed
On Behalf of Lisa E. McKnight, P.C. | Mar 12, 2013 | Property Division
For couples in Texas who are going through a divorce, one of the main points of contention may be property division. Especially for families with a high net worth, battles over assets may be paramount. In some situations, particularly in high-asset divorces, there may...
Secret bank accounts can empower spouses, but watch for pitfalls
On Behalf of Lisa E. McKnight, P.C. | Feb 14, 2013 | Property Division
Today millions of Texans will celebrate Valentine's Day, some more extravagantly than others. Many couples will keep the affair low-key with dinner and a movie. Others will exchange lavish gifts. How you do it may depend on your household finances; if you and your...
Wife of former Texas Ranger wants divorce but not prenup
On Behalf of Lisa E. McKnight, P.C. | Jan 7, 2013 | Property Division
It seems another marriage of a professional athlete is breaking down. The wife of Andruw Jones, an outfielder who formerly played for the Texas Rangers, has filed for divorce in the wake of an alleged domestic violence incident at the couple's home. She stated in the...
Divorcing parents must consider insurance in property division
On Behalf of Lisa E. McKnight, P.C. | Dec 12, 2012 | Property Division
Any couple going through a divorce has the unenviable task of dividing up their property and assets. But a discussion on property division can and should extend well beyond who will keep the house. If you have children, you'll need to consider their futures as well as...
Jessica Simpson’s parents headed for property division battle
On Behalf of Lisa E. McKnight, P.C. | Nov 6, 2012 | Property Division
Just when you thought you'd read enough headlines about celebrities getting divorced, out comes the news about one famous Texas native's parents. Jessica Simpson's father and mother, Joe and Tina Simpson, recently announced their plans to divorce after 33 years of...
Property division: Should you sell or keep your home in divorce?
On Behalf of Lisa E. McKnight, P.C. | Oct 4, 2012 | Property Division
Of all the details divorcing couples in Texas must handle, one of the biggest is what to do with the home they shared. This decision is usually the most significant aspect of the property division process, and comes with a host of emotional and financial...
Dividing property in divorce can be tricky, but not impossible
On Behalf of Lisa E. McKnight, P.C. | Aug 16, 2012 | Property Division
If your marriage is coming to an end, you probably have lots of questions about the logistics of your divorce. Are the possessions and assets you brought to the relationship yours to keep? What about gifts you and your spouse gave each other? What will you do with...
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