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November 2014 Archives

Friday, March 23, 2018

Divorce issues for pet owners

People who own pets generally do not think of them as property, but rather as members of the family. Sadly, Texas residents know this is an opinion not shared by the courts, which view pets as inanimate property. Of the many divorce issues faced by couples who are choosing to end their marriages, the problem of pet ownership can be one of the more convoluted. 

Division of property to cost billionaire $1B in settlement

The much-publicized divorce of billionaire hedge fund trader Harold Hamm and his former wife Sue Ann is costing him upwards of $1 billion, according to local sources. However, Texas residents may be surprised to note that this division of property and assets is being contested by Sue Ann, who believes the settlement "grossly undervalues" the magnate's fortune. She is currently appealing the court's decision. 

Considering grey divorce issues

As has been noted in the past, the prevalence of so-called grey divorce is rising around the nation. Here in Texas, baby boomers who choose to separate will face unique divorce issues that younger couples may not face. For those considering grey divorce, here are a few things to keep in mind. 

Dealing with issues in Texas divorce

While it is true that virtually no one enters a marriage expecting it to end, it can be helpful for both parties to recognize this as a potential, given that about half of all American marriages result in a subsequent divorce. Those familiar with Texas divorce can attest that many pitfalls exist for those who do not fully understand their rights and responsibilities in a divorce situation. The following are some common mistakes divorcing couples make and how to avoid them.

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