If you accrued your wealth through the oil or gas industries, dividing your assets will be challenging. When the stakes are high, divorce can soon turn bitter. You can find yourself squabbling over assets. While you do not get rich by rolling over and letting someone...
family law
If your business grew during your marriage, does your spouse have a right to those assets?
When you and your spouse got married when you had a small, start-up business. You didn’t get a valuation done at the time, but you were making about $100,000 per year. Things changed over the ensuing years. Your business grew to the point where you now bring in...
What do you do about child support when you can’t pay your bills?
You’ve never minded paying your child support, and you’ve always been on time. Lately, however, the economic climate hasn’t been kind to your business. When the first of the month rolls around, you can’t afford to pay both your child support and your regular bills....
Why you shouldn’t keep your divorce a complete secret at work
If you and your spouse are divorcing, it’s going to impact your work life at some point. Whether you go in to an office or other workplace regularly or you work at home, you’ll need to tell the necessary people about your divorce. So whom do you tell and how much do...
Can I keep the house after the divorce?
The family home is a valuable asset in many ways. It carries an emotional value with all of the memories made there, but also a considerable financial value. The incalculable combination of these factors makes it clear that a house is a large investment. That is one...
When can you refuse to transfer your child for court-ordered visitation?
Most Texas judges look at visitation and child custody as beneficial for both parents and kids. Courts generally believe that it's in kids' best interest to spend time around both of their parents. Moms and dads like having a say in bringing up their children. There...
How can I resolve my unique paternity situation here in Texas?
Paternity and legal fatherhood are synonymous concepts. Texas law doesn't afford an unmarried father and a married one the same rights, though. Single dads must first establish their paternity before qualifying for the parental rights that come with such a...
Oil or gas makes property division in divorce more challenging
Any high-asset divorce is significantly more complicated than one involving more modest wealth. Living in Texas, you may have made your fortune from oil and gas. Working out how to divide these assets when you divorce comes with its own set of challenges. Texas uses...
Do you have to sell your business when you divorce?
As someone who works in the oil and gas industry, knowing that you’re going to be divorcing your spouse is a little nerve-wracking. You have your own business and you are worried that your spouse is going to want to keep as much of it as they can for themselves....
How can virtual visits help you spend time with your kids?
Parents who work on oil rigs have a unique family situation. They aren’t always around in person for their children, but that doesn’t mean that they can’t have a meaningful relationship with their children. Advances in technology mean that you can use virtual options...