When parents make the decision to begin the divorce process in Texas, there are ways that they can help their children understand what to expect and the changes that they might see. One of the things that parents might not want to do right away is to tell the children...
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Wells, Peyton, Greenberg & Hunt, L.L.P. Blogs
Taking the time to decide whether to split
Though Texas has started the process of reopening, the long self-quarantine that preceded it has taken a toll on some marriages. Couples who would normally go to their separate jobs may still be working in the same room at home, getting no break from each other. This...
When to create or revise a will
If a person has assets to his or her name but no plan for passing those along to loved ones, it may be time to start thinking about estate planning. Even Texas residents who have wills already may not realize when it is time to make revisions. Though it is always a...
Know the importance of your estate plan
Many people think that estate planning in Texas is for those who are wealthy because they look at it as solely about estate taxes. However, you should know that the need for estate planning applies to you regardless, even if you do not have a lot of money. Do not...
Take steps to preserve credit during a divorce
A Texas divorce is not in itself a fatal blow to a credit score. However, what happens during the divorce can curtail one's creditworthiness. Many have reported that their credit score has fallen by more than 50 points during their divorce. These impacts can be...
Transferring or selling estate assets after death
When people die in Texas, others will be tasked with disposing of their estates. The estate of a deceased person includes all of his or her real estate, personal property, and other assets. Before the assets of the estate can be sold or transferred, several things...
Having an estate plan is critical
Many Texas families try to avoid the topic of estate planning at all costs. Whether it is because of the complexity involved or they simply do not want to talk about mortality, they are often afraid to broach the topic. However, people do themselves a disservice when...
Studies look at link between education and divorce
Texas residents who have more education might be less likely to get a divorce than those who have less. Overall, divorce is on the decline, with millennials in particular driving down the rate. However, having less education and a lower income can put additional...
The basics of estate planning
Creating an estate plan may be one of the most difficult things that you do in your entire life. This is because you have to navigate both your emotions and Texas law when crafting it. However, there are some ways that you can make the process as easy as possible....
Concerns for business owners during divorce
The divorce process can be challenging for all Texas couples. However, even more complications can arise if one or both spouses own a private company. Some divorces have led to companies being sold or split up. In fact, many investors require a prenuptial or...