In most marriages, one spouse or the other will be the manager of most of the assets of the parties' separate and community property estates. This “trust theory” has been developed in a long line of cases and provides that the spouse who is managing the assets of the marriage will be treated as a … [Read more...]
7 Ways to Hold Down the Cost of a Divorce Case
Holding Down the Cost of Brokerage and Bank Account Tracings In a Divorce Case I have been called on to prepare separate property claims in or moving through brokerage and bank accounts for over 25 years. There is perhaps one universal truth. Every client is unprepared for how expensive it is to … [Read more...]
Separate Property Claims and Tracing in a Collaborative Divorce from the Financial Professional’s Perspective
I worked my first separate property tracing case in 1988 and have been participating in them ever since. Separate property claims can be and often are hotly contested and emotional matters in a Texas divorce no matter if the divorce is done in regular litigation or a collaborative process. The … [Read more...]