by The Webb Family Law Firm, P.C. | Dec 20, 2017 | High Asset Divorce
When Texas couples get a divorce, one of the parties might be able to draw Social Security payments based on the work record of the other. However, the couple must have been married for at least 10 years for this to be the case. There are several other factors that...
by The Webb Family Law Firm, P.C. | Sep 29, 2017 | High Asset Divorce
It’s crucial for Texas couples to keep in mind the tax changes that happen after divorce. After the divorce is finalized, the couple will no longer be considered married for that calendar year. If the marriage is annulled, the couple must file amended returns...
by The Webb Family Law Firm, P.C. | Aug 18, 2017 | High Asset Divorce
Retirement benefits accrued during the marriage by a spouse are subject to division when a Texas couple divorces. This can included amounts accrued by a federal employee in a Thrift Savings Plan. The balance of a TSP can be used to offset assets received by the other...
by The Webb Family Law Firm, P.C. | Jun 22, 2017 | High Asset Divorce
When Texas couples are ending their marriage, they should consider the possible tax consequences before executing a settlement agreement. A case decided in U.S. Tax Court illustrated the importance of documenting all spousal support payments within a legal agreement...
by The Webb Family Law Firm, P.C. | Jun 8, 2017 | High Asset Divorce
Texas couples who are ending their marriages may need to take stock of their financial situation and make plans for how they will handle those finances both during and after the divorce. It may be better to take advice from legal and financial professionals than from...
by The Webb Family Law Firm, P.C. | Apr 3, 2017 | High Asset Divorce
If a Texas couple gets a divorce while owning a company, it can be difficult to determine what will happen to the business. If the couple did not have a buyout agreement when they founded the company, the business could end up being given to one of the estranged...
