Dallas area couples can benefit from prenuptial agreements in many ways including asset protection, reputation protection and estate planning security. Many Dallas couples may think of prenuptial agreements as only useful for very famous or rich people. Certainly these contracts are highly beneficial for those persons in high-asset marriagesbut that is far from the only situation in which they
Too many times, clients only start to think in terms of community or separate property when it is too late and they are going through a divorce. They may have had property before marriage, or received an inheritance. However, during the marriage, they have commingled the separate property with community property, and did not keep good enough records to show where the property originally came from.
Credit card debt is something many Americans live with. Because of this, it shouldn’t be surprising that credit card debt is often an issue in divorce. Our readers know that in divorce, it isn’t only assets that are divided, but also debts. So how is credit card debt split up? There are a couple layers to the credit card issue that need to be understood in order to answer the question. First of