There are many things to consider when you have concluded that your marriage should end. You may want to enlist the services of a certified divorce financial analyst in Texas to help you. It's important to know what role this professional plays. What is a certified...
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Austin Texas Family Law Blog
How does a trust file for bankruptcy?
Bankruptcy, in most cases, isn't an option for a legal trust. A personal trust is one that you open and is also named the beneficiary of. In Texas, a personal trust leaves its owner personally liable, which disables the trust from holding your debt. The trust can buy,...
Why reaffirm a debt in bankruptcy?
If you declare bankruptcy, it doesn't necessarily mean that you no longer have an obligation to repay a Texas creditor. In some cases, this is because the debt is considered to be a priority, which means it has to be paid regardless of your circumstances. In others,...
Is there a “best time” to file for bankruptcy?
Debt burdens could prove impossible to pay. A Texas resident might struggle for months and months to figure a way out but might not readily consider bankruptcy. Some may worry about the stigma associated with filing for bankruptcy while not thinking about the...
Understanding different guardian types can be beneficial
Ensuring that your minor child or a disabled adult currently living with you has a guardian to look after them if you pass away is essential. You can also choose a guardian to look after a pet after you perish. Knowing the difference between the types of guardians in...
What rights do grandparents have in Texas?
Texas family law recognizes that grandparents can play an important role in raising their grandchildren. Grandparents have a variety of rights regarding custody, visitation, and family matters. It's important to be familiar with these rights to avoid unnecessary...
An overview of bankruptcy
Sometimes, debts get overwhelming, and a consumer in Texas needs a way out. Bankruptcy helps give individuals a legal way to remove some debts and protect themselves from creditors. Consumers have the choice of several types of bankruptcy, but many people choose...
What are the top reasons people file for bankruptcy?
Residents of Texas whose debts exceed their assets may find themselves seeking protection from the bankruptcy courts. Individual circumstances might vary, but there are several common reasons that people choose to file for bankruptcy. The top three reasons people file...
Begin planning now for possible estate tax increase
Individuals and couples in Texas with large estates may want to think about ways to maximize their wealth while minimizing any estate taxes paid after their passing. The current federal estate tax exemption is set to expire in 2026, and few experts expect tax rates to...
Filing for bankruptcy in Texas
Filing for bankruptcy can be confusing but may be beneficial to help you create a better financial future. Bankruptcy is a legal process that allows you to discharge many of the unsecured debts you have without having to repay them. If you live in Texas and have been...