How is a Business divided in a Divorce in Texas
In Texas, a business can be divided in a divorce through various methods. One way is for one party to retain the business while the other party is compensated financially. This often involves buying out the spouse’s share. The division of a business during a Texas divorce is determined based on the concept of community […]
The Divorce Process in Texas: An Overview
The divorce process in Texas involves several key steps, whether it is an agreed or contested divorce. An “agreed” divorce occurs when the spouses are in accord on all issues, including custody, visitation, and property division. Conversely, a contested divorce arises when the spouses do not agree on these matters, making the process more complex. […]
Can Child Support Be Waived and What is Offset Child Support
In Texas, parents can agree to no child support, but it must be approved by the court to ensure it meets the child’s best interests. Child support is not seen as a right of the parents, but a right of the child, so even if both parents agree to no child support, the court can […]