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Texas high asset divorce, Texas complex litigation attorney, Texas high asset divorce lawyer, Two or three generations ago, divorce was not a realistic option for most people, due largely to moral, religious, and economic reasons. This was especially true for those over 50. Instead, many couples opted to lead separate lives, and perhaps even lived in separate households, but remained legally married.

However, divorce lost much of its moral stigma in the 1970s, through the advent of no-fault marriage dissolution laws. During roughly that same time, the earnings gap between men and women began to close. Although this gap still exists, it is nowhere near as yawning as it was in 1970. Finally, as for the religious objection, Pope Francis recently softened the Catholic Church's position on divorce.

Gray divorce is already twice as common today as it was in 1990. As we move further into the new millennium, couples over 50 may be going to divorce court in even larger numbers. These high-asset divorces are markedly different than actions between younger couples, and the distinction goes far beyond the numbers on a birth certificate.

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Texas complex litigation attorney, Texas same-sex marriage laws, Texas high-asset divorce lawyer, In July 2015, a Bexar County district judge gave the green light for a same-sex divorce to proceed through the system. The case has enormous implications for high asset divorce cases in Travis County and elsewhere in Central Texas.

The women legally married in Washington in 2010, and subsequently settled in the San Antonio area. One partner was artificially inseminated in February 2013, and the couple separated later that year. The child's non-biological mother had not been allowed visitation, until Judge Renée Yanta entered temporary orders in the divorce case. The woman's attorney applauded Judge Yanta for "follow[ing] the law," adding that "in San Antonio and Bexar County we take the lead on these issues."

In June 2015, just a few days before the United States Supreme Court decision in Obergefell v. Hodges was announced, the Texas Supreme Court allowed a Travis County same-sex divorce to stand, although that ruling came on a technicality.

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Posted on in Divorce

digital assets during divorce, Austin family law lawyerDivorces can quickly turn into stressful battles. Ending a marriage is an emotional hurdle, and spouses may have to adjust to new social circles. Additionally, some couples must deal with the complications of property division, child custody, alimony, and other areas of divorce law.

Although no divorce is easy, understanding how the laws relate to your case can make the process more simple. For many divorcing spouses, hiring an attorney to review a case and offer advice is helpful. A family law attorney can address your concerns and answer the tough questions such as those concerning digital property division.

How is Digital Property Different from Physical Property?

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Cedar-Park high-asset divorce attorney, complex litigation, high-asset divorce, risk of divorce, money and divorce, marriage and money, divorce trendsAccording to a recent study, the more money a couple makes, the less likely they are to divorce. However, when couples who do have a lot of assets decide to divorce, the result often involves complex litigation regarding child custody and support, spousal support, and asset and property division.

The study, conducted by researchers from the Department of Economics at Emory University in Atlanta, took data that was collected for a different study. In the Emory University study, there were 3,000 participants. All of the participants had been married at least once, after 2008. Participants were asked dozens of questions about their marriages, including the length of time they dated their spouse, age of marriage, engagement ring, wedding and honeymoon expenses, and the duration of the marriage.

In the new study, Randy Olson, a fourth-year computer science graduate research assistant at Michigan State University, took all of the data from the Emory University study and crunched it. He discovered, among other findings, a direct relationship between the divorce rate and a couple's income. According to the numbers, couples who earn over $125K per year are 50 percent less likely to divorce than couples who earn under $25K per year.

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cheating spouseIn Texas, there are two ways to file for a high-asset divorce—either via fault or no-fault. A no-fault divorce is one in which neither party is being cited for causing the breakup of a marriage. However, if a spouse files for a divorce based on the "fault" of the other spouse, he or she may use one of the following as grounds:

  • Cruelty;
  • Adultery;
  • Conviction of a felony (with a minimum one-year prison sentence); abandonment (for at least one year); living apart (for at least three years); or,
  • A spouse has been committed to a mental institution with no hope of recovery.

In many high-asset divorces, adultery is often the grounds for which a spouse will file for divorce. In order to claim adultery, however, there must be proof of infidelity. Moreover, there are several methods available to track an untrustworthy spouse, including hiring a private investigator and using computer software to monitor a spouse's emails, social media accounts, and other computer use.

Additionally, one may monitor a spouse's whereabouts via smart phone. Both iPhones and Android phones with Google have hidden settings that actually track a person's locations. This setting is not an app, but is actually on the phone itself. The phone manufacturers say they use this information only to learn about locations that may be significant to their users, and it is kept exclusively on the device itself.

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