When you know you’re headed for divorce and you own a business, you might have some concerns. Does one spouse get the whole company? Will we go out of business? Let’s discuss five of the most common myths about business owner divorce that our Dallas attorneys have heard over the years. Myth 1: There Is a “Best Way” to Divide a...
Read More3 Keys to Valuing a Closely Held Business During a Texas Divorce
If you or your spouse own a business, or if you’re partners in a business, then your company will likely play a central role in your divorce. In Texas, your ownership interest can qualify as “community property,” which means it’s subject to division during divorce. In many cases, one spouse agrees to give up his or her owners...
Read MoreGetting the Most Out of Mediation During the COVID-19 Crisis
In the middle of the coronavirus pandemic, we must continue to adapt and find ways to solve problems without endangering public health and safety. Family conflict is one example of a problem that will always need solving, and mediation is often an effective solution. In-person gatherings are discouraged, meaning mediation must now be deli...
Read MoreWill Coronavirus Lead to a Spike in Divorce Rates?
Ever since the COVID-19 pandemic hit the US, many have theorized that stay-at-home orders and working from home would eventually cause many couples to get divorced. Some have even likened quarantine to a relationship pressure cooker or a time machine, where couples experience years’ worth of conflict in the span of just a few months. In...
Read MoreThings to Think About If You’re Getting Divorced During the Pandemic
COVID-19 is surging in Texas, with thousands of new cases being confirmed every day. While the infection numbers capture the daily headlines, the full extent of the virus’ impact goes far beyond the statistics, reaching into every facet of life. For many, divorce is part of life right now, and the novel coronavirus is adding complicatio...
Read MoreGetting the Most Out of Mediation During the COVID-19 Crisis
In the middle of the coronavirus pandemic, we must continue to adapt and find ways to solve problems without endangering public health and safety. Family conflict is one example of a problem that will always need solving, and mediation is often an effective solution. In-person gatherings are discouraged, meaning mediation must now be delivere...
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