A Tradition Of Service.
A History Of Success.
Family businesses in Texas come in all shapes and sizes. Some families maintain a ranch or pass down the mineral rights to a property from generation to generation. Others may run a family accounting business or a small engine repair shop. It is common practice for...
The spouse of a business owner facing divorce may be justifiably concerned about how the business will impact the divorce proceedings. If no prenuptial agreement exists, the business is likely subject to property division according to Texas community property laws....
Marriage and business certainly have many common characteristics, especially when they are coming to an end. If an entrepreneur is facing a divorce, however, the last thing he or she may want is for the business to get caught up in the division of assets. This could...
A Texas couple going through a divorce already has a lot to deal with. If they have children, custody and support may be primary concerns. Beyond that, the appropriate division of property is essential for both parties to be able to maintain a reasonable standard of...
For many in Texas, joining together as a couple goes beyond sharing a home and raising a family. Some couples decide that starting their own business is the best way to use their common talents. When both the business and the marriage are successful, things may be...
Divorce is difficult on many levels. There is no question that both spouses deal with emotional turmoil, and most marriages experience a certain amount of financial upheaval during a divorce. However, if one or both spouses is a Texas business-owner, that business may...
Few things complicate a business plan like marriage and divorce. While both may bring positive elements to a person's life at various points, they also place the company in jeopardy. If an entrepreneur does not take precautions, he or she may end up in the midst of a...
Taking into consideration one's financial assets and liabilities during a divorce is a very important factor. With a business being involved, it can certainly make things a bit more complex. When dealing with a business, financial accounts, tangible assets and...
Many Texas residents who are married also own their own companies. They pour their blood, sweat and tears into making the business a success and everyone in the family benefits from it as long as the marriage is good. If a divorce occurs, the fate of the business is...
Texas couples who decide to end their marriages will be required to divide marital assets. If there is a business involved, many factors will need to be considered before it is divided. Furthermore, a business valuation will need to be done, which could ultimately...