With Strength And Compassion
Powers Kerr & Rashidi, PLLC
It is fairly well-known that about half of all first marriages end in divorce. The number of divorces for second and subsequent marriages is even higher. There are also many marriages where the couple is unhappy, yet they still stay together. It is estimated that about 20 percent of married couples experience marital distress. Marital distress can cause anxiety, depression,…
There are several issues that can cause significant tension between a couple going through a divorce, but the one issue that often causes the most stress is deciding what type of child custody arrangement will be made for the couple’s children. Attempting to predict how the court will rule is fairly impossible since there is such a wide array of…
Divorce can get ugly, especially when the couple has a high net worth. If the relationship between the two spouses has become contentious, then one or both may feel that they deserve the majority share of the marital estate, despite the fact that Texas follows the community property method of asset and property division in divorce. And although it may…
It is not uncommon for parents to disagree about parenting style. Even parents who are together can have different opinions about how their children should be raised. When the parents are divorced, these differences may even become more pronounced. However, there is a difference between different parenting styles – such as one parent being strict about bedtimes while the other…
Under Texas law, when parents split up, all child support orders are issued in compliance with the state’s child support guidelines. There are situations, however, when the child or the parents may have what is referred to as extraordinary income or expenses. This is often the case in divorces involving a high net worth couple. In these situations, the court…
It is rare that a divorce does not have some level of complexity involved. These complications become even more compounded if a couple has substantial assets that need to be divided. This is usually because the more assets and property there are, the more there is to fight over, especially if the divorce is an acrimonious one. Many high net…
When it comes to the division of the marital estate in a divorce, Texas is a community property state. This means that the court generally divides the marital estate in half unless there is some type of valid legal document in place that states otherwise. One such legal document is a prenuptial agreement. A prenuptial agreement is a legal contract…
Divorce is messy. Divorces that involve complex child custody issues, a high-net-worth marital estate, hidden assets, or other significant issues are even messier. In many of these types of cases, a divorce attorney may recommend hiring a private investigator to uncover evidence to help a spouse prevail in the final divorce settlement. However, it is important that the private investigator…
Divorce can have a significant financial impact on a person, especially if they are involved in running their own business. A business is usually among the marital assets that need to be divided under Texas community property laws. But before a business can be divided, its value needs to be assessed. Some businesses are easier to value, while others, such…
What was once just a hobby for a few has turned into a significant form of investment for many. It is estimated that more than 20 million people in this country own cryptocurrency. The value of the cryptocurrency market hit an all-time high of $2 trillion in April, an obvious boom for anyone who owns crypto assets. But this popularity…