Financial fraud in a marriage can occur in various ways. Usually, but not always, the violating spouse has more power and/or earning capacity than the other spouse. Ways in which financial fraud can occur: 1. Fraudulent spouse spends money on extramarital relationships or on other family members without the innocent spouse's knowledge or consent. 2. Fraudulent spouse applies for credit in … [Read more...] about Financial Fraud in a Marriage
Depending on how long you have been married and when your spouse earned his or her retirement, you may be entitled to a share in your divorce. An individual may even have more than one retirement plan - (due to employment with the government/armed services, or multiple positions during working career). Some people know little to nothing about their spouse's retirement plan and may not even know … [Read more...] about Spouse Refuses to Share Retirement Plan Information
If you are getting a divorce, and you or your spouse earns bonuses or commissions, be aware that these are assets that will need to be revealed in the divorce and may be split between the parties. Once the divorce is begun information will be shared between the parties and their attorneys about the debts and the assets of the marriage. If either party has separate property, that will be … [Read more...] about Bonuses, Commissions and Other Tricky Splits in Divorce
Can you? Yes. But should you? Probably not. At least not without some preparation. Here are some things you should know if you are thinking about buying a house before your divorce is final. Texas is a community property state. There is not a "legal separation" in Texas. So, you can't just assume that you are "on your own" and the new home will be your separate property. When a … [Read more...] about Can you buy a House While you are Going through a Divorce in Texas?