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February 2019 Archives

What may happen to a business in a divorce

Business owners in Texas can protect company assets in case of divorce with a prenuptial agreement. However, it can be difficult for spouses to talk about prenups and the possibility of divorce. Therefore, another option is to address divorce-related issues in the company's organizing documents. These documents may be written to grant a cash award for a spouse in lieu of actually dividing the business.

Making the divorce process more civil

Divorce is an arduous process that can bring out the worst in people. During a divorce, people who loved each other once can sometimes act as if they are bitter enemies, trying to hurt the other person at every turn. As a result, it is important for people going through divorce to make the process be as amicable as possible.