On Behalf of Tracton Law Firm, PLLC | May 20, 2021 | Family Law
If you own a Texas business and your marriage ends, you need to take steps to protect your enterprise. Because Texas is an equitable division state, assets and debts acquired by either spouse during the marriage constitute community property that you must divide...
On Behalf of Tracton Law Firm, PLLC | Mar 25, 2021 | Child Custody, Child Support, Family Law, Fathers' Rights
Fathers across Texas have meaningful and supportive relationships with their children. However, if they end their relationship with their child’s mother, they may wonder what will happen to that cherished relationship. What should fathers know about their parental...
On Behalf of Law Office of Michael D. Tracton, P.C. | Sep 24, 2020 | Family Law
In a divorce, dividing property and assets is one of the most important decisions that you and your spouse will face. In ideal situations, a couple can agree on a fair and equitable property division settlement. Unfortunately, this does not happen in every divorce. In...
On Behalf of Law Office of Michael D. Tracton, P.C. | Sep 21, 2020 | Family Law
We’ve talked quite a bit in recent posts about what to do if one spouse is suspected of hiding assets. One place that money can be put away is in an offshore account. An offshore account is not necessarily illegal. In fact, some business owners use these...
On Behalf of Law Office of Michael D. Tracton, P.C. | Aug 25, 2020 | Family Law
Texas law gives courts the right to divide retirement benefits between divorcing spouses. Because the state requires fair property division, most assets acquired during the marriage, including retirement investments, constitute community property. Review the factors...
On Behalf of Law Office of Michael D. Tracton, P.C. | Aug 19, 2020 | Family Law
Because Texas is a community property state, you must identify which of your assets are separate property and which are community property. While you can likely keep everything you exclusively own, you must split community property with your soon-to-be ex-spouse. That...
On Behalf of Law Office of Michael D. Tracton, P.C. | Jan 9, 2020 | Family Law
Couples considering a DIY divorce in Texas may wish to reconsider the prospect of going it alone. There are many ways that a miscalculation or an outright mistake may occur in the area of dividing property and assets or determining what may be a fair and appropriate...
On Behalf of Law Office of Michael D. Tracton, P.C. | Jun 25, 2019 | Family Law
As a parent with a child who has autism, it’s important that your child has access to the schools and services they need to grow up to be as independent as possible. As you probably know, having to live in a specific school district and needing specialized...
On Behalf of Law Office of Michael D. Tracton, P.C. | May 31, 2019 | Family Law
Many fathers consign themselves to a life of back-seat parenting of their children because they mistakenly believe the Texas family courts thumb the scale in favor of the mother. But that is not necessarily true.In earlier years, here in Texas — as in most other...
On Behalf of Law Office of Michael D. Tracton, P.C. | May 28, 2019 | Family Law
You and your spouse will, no doubt, have a very different idea of what is fair and reasonable in a divorce as you start to disentangle your lives. If you have spent most of your adult life building up a business, you may not take kindly to the implication that your ex...
