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Marital property is any property or assets acquired during a marriage. The same rules apply to debt, meaning that both spouses share debt acquired during a marriage. According to U.S. News & World Report, Texas is a community property state. That means both...
Finding tenants for your rental property in Texas can be one of the trickiest parts of being a landlord. With a growing number of reliable methods to screen your tenants, you may find a lot of valuable resources at your disposal to verify the reliability of the people...
When you and your spouse divorce, you must, if you have children, file a written parenting plan with the court that includes a visitation schedule. While Texas law allows the two of you to devise your own plan, the Texas Court System advises that a Standard Possession...
If you are thinking about ending your marriage, you probably already know you and your soon-to-be ex-spouse must divide marital assets. Because your business may be one of your more valuable assets, you should pursue a realistic valuation when planning your divorce. ...
Purchasing a home is an exciting prospect. The process may feel arduous and stressful if a buyer does not know what to expect. What happens if a dream home has pre-existing issues? Under Texas law, some property owners are legally obligated to disclose defects in...
Past posts on this blog touched upon that the fact that your 401(k) account becomes subject to property division during your divorce proceedings in Texas. You likely thought that the only impact your divorce would have on your retirement would be who you might spend...
In a perfect world, you might take possession of your home as the keys hit your hand. But as anyone might tell you, the process for buying a home may take weeks or months. It may also get more complicated as contracts or local laws cause hiccups along the way. The...
Real estate is serious business in Texas. Stakes are high, and transactions are incredibly complex. You want to make sure you have all the information necessary before you start closing your deals, but where do you start? What do you do if an unforeseen situation...
In the short term, the divorce of their parents is usually hard on kids. However, prolonged conflict between you and your spouse can cause even greater and longer-lasting harm. According to Psychology Today, there are things that you and your spouse can do to make the...
There are many things that can complicate the process of property division in a divorce. At the top of the list is commingling assets. Since Texas is a community property state, the law clearly draws a line between marital and separate property. However, it is...
