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September 2014 Archives

How do I divide art in a Texas divorce?

Divorces can be complicated and can cause confusion. There is light at the end of the tunnel. It's simply a matter of how you approach the division of assets during the divorce. For couple's with a high net worth, art can be an investment that is heavily sought after by either party. There are a few things to keep in mind when dividing art as part of the divorce proceedings.

Defense of Marriage Act and it's affect on Texas

Recently, Section 3 of the Defense of Marriage Act or DOMA has been struck down as unconstitutional by the Supreme Court. Many have questions about what this means for same-sex couples as related to their marriages or sometimes their divorces. Marriage and divorce for same-sex couples have been tricky; currently marriage and divorce are legal in some states -- and in others not allowed. Some states are split on the issue.

What to do if experiencing parental alienation

It is always recommended that divorcing parents try to amicably discuss their custody arrangement with the best interests of the child in mind. The demeanor in which the parents handle the custody decisions can have positive or negative effects on the child. Sometimes, one parent can use tactics to push the other parent away from the child. This is called parental alienation.

Wendy Davis' rep claims divorce settlement reported inaccurate

Wendy Davis' highly publicized divorce was splashed across headlines nationwide. Alongside her ex-husband, they owned Safeco, which they sold to cover their high asset divorce settlement. Now that she is running for governor of Texas, the financial details of the divorce have come under scrutiny.

How are military pensions and benefits divided during a divorce?

In an earlier blog post we discussed why military divorce is different from, and sometimes more complicated than, regular civilian divorce. A big question many military families have during a divorce is what happens to their benefits as provided by the military? Many aren't sure if the benefits are still awarded to the spouse who is a non-military member. A military divorce settlement will include benefits and pensions to the non-military person based on Texas state law.

Oil tycoon's divorce filing raises questions about securities

Hundreds of Americans file for divorce every day. In most divorces there are financial aspects to settle such as who gets the house, or how to divide the 401k. A recent divorce filing has shocked the business world as one of the richest men in the world prepares to battle for his own finances as well as those of his publicly traded company. Harold Hamm and his company Continental Resources will be affected by the high asset divorce settlement that will be played out the in the courtroom in the coming months.

Why single fathers should have equal access to paternity rights

You're a good father. Or you want to be. However, the mother of your child is making it nearly impossible for you to spend any time with your child. Historically it has been difficult for unmarried fathers to preserve parental rights. However, times have changed and we at Michael D. Tracton PC believe fathers have every right to pursue their parental rights.

Why legal paternity affects your finances in Texas

Fathers who are unmarried to their child's mother may have a more difficult time gaining paternal rights as mentioned in our most recent blog. The legal significance of this paternity goes farther than just a father's name on his child's birth certificate. There are several legal benefits and implications that change the responsibilities of father and the relationship with his child.