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Ramos Law Group Blog

How To Determine The Value Of A Business In A Divorce?

If you are seeking a divorce in Texas and either you or your spouse owns a business that was started during the time of the marriage, it is likely this is going to become a contested issue in your divorce. Determining the value of a business is much more complicated than determining the value of …

The Benefits of a Prenuptial Agreement in Texas

A prenuptial agreement is a legal contract between two people who plan to get married, should the marriage eventually fail (as roughly half of all marriages do). A prenup settles crucial questions such as: Who owned what prior to the marriage? How property acquired during the marriage will be divided upon divorce? What spousal payments …

What are the Grounds for Divorce in Texas?

There are seven different grounds for divorce in Texas state law. In order for a divorce to be granted by the court, at least one of these seven conditions must have been met. There are two types of divorce grounds in the Texas Family Code: a “fault” divorce and a “no-fault” divorce.

What is Community Property in Texas Divorce?

Each state has its own set of laws that govern the division of property during a divorce or dissolution of marriage. Community property is a term for the assets that a married couple owns together. There are nine states that recognize the philosophy of community property, including Texas. Which assets are considered separate or community property is what guides the Texas court systems through the divorce process.

Is it Better to File for Divorce First in Texas?

If you are the first to file for divorce, you will be known as the Petitioner. Ultimately, the differences between who files first are minimal but there are some procedural considerations as you will see below. The Petitioner May Choose the County If there are multiple counties in which the courts could have proper jurisdiction, …

What Happens to Your 401k During a Divorce in Texas?

Many parties going through a divorce in Texas are concerned about how a divorce will affect their assets, especially a 401k or other retirement accounts. While it’s always best to consult with a divorce attorney, here are several things to keep in mind when thinking about how to protect your assets. Separate vs Community Property …

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