If you are a legal professional, you know all too well how important it is to retain high-quality legal counsel during divorce proceedings. Depending on your field of law, you may be aware of the laws pertaining to divorces in Texas, such as the requirement that divorcing spouses must equitably divide their community property. You may also be mindful that spouses who earn less than their partner may be eligible to receive spousal maintenance. Whatever the case may be, as a legal professional, you are likely aware that obtaining a satisfactory result, in any case, relies on executing and implementing an effective strategy while also knowing the law.
Getting a divorce is a stressful proposition for anyone to undertake, especially someone as busy as a legal professional. Therefore, if you are getting a divorce, consult with a divorce attorney who has represented legal professionals in the past and has obtained favorable results for clients. That way, you will be able to devote your time and energy to practicing law while your attorney works in the background to help ensure that a favorable outcome is achieved in your case, allowing you to move on to another chapter in your life.
What to Know About Protecting Your Income and Assets
Since legal professionals like yourself are compensated well, you likely understand that a lot is at stake if you are to get a divorce. It is essential to remember that unless you and your spouse have a prenuptial agreement, it may be difficult to protect all of your income and assets. Texas adheres to something referred to as a “community property” law, which entitles both spouses to an equal share of property obtained during the marriage. Texas courts try to divide spouses’ community property in a way that is fair and equitable. Furthermore, the court will look at the standard of living during the marriage and other factors concerning spousal maintenance. The law does not require an equal division of post-divorce income; however, the law will usually require spouses who earn more money to provide financial support to their ex-spouse.
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