Tax Consequences of Selling the Marital Home During Divorce: What Texas Couples Need to Know

Texas couples selling a marital home during divorce should understand IRC Sections 1041 and 121. Transfers between spouses are generally tax-free, while a qualifying primary residence sale may allow a $250,000 individual or $500,000 joint capital-gain exclusion. Timing, residency, ownership, appreciation, and the home's tax basis can significantly affect the final tax liability.

Divorce Matters

August 28, 2026

The Impact of Family Limited Partnerships on Asset Division in Texas Divorce

A family limited partnership can significantly complicate asset division in a Texas divorce. Courts may need to determine whether partnership interests are separate or community property, trace contributions, value the interests, and evaluate valuation discounts. Control, distributions, management fees, and transfer restrictions can also affect how the partnership is treated.

Divorce Matters

August 26, 2026

The Role of Property Management Companies in Divorce Valuation: What Houston Real Estate Owners Need to Know

A property management company can be a significant marital asset in a Texas divorce, particularly when it generates income from third-party properties. Houston business owners must separately value the management company and underlying real estate, address community versus separate property, evaluate enterprise and personal goodwill, and determine how the business should be divided.

Divorce Matters

August 21, 2026

How to Handle Contested Paternity in a High-Stakes Divorce: A Texas Guide

Contested paternity in a Texas divorce can affect child support, custody, inheritance, and property settlement. Texas law establishes presumed paternity in several circumstances and imposes strict deadlines for challenging it. DNA testing can provide critical evidence, but a court order is generally required to change the legal parent-child relationship.

Divorce Matters

August 19, 2026

The Impact of Mezzanine Financing Interests on Divorce Settlements: A Guide for Houston Business Owners

Mezzanine financing interests can complicate Texas divorce settlements because they combine subordinated debt, accrued PIK interest, and potential equity rights such as warrants. Houston business owners should carefully address community-property characterization, valuation, vesting, liquidity, and settlement options when dividing these complex private-company interests.

Divorce Matters

August 14, 2026

Repatriating Assets from Foreign Jurisdictions During Divorce: A Guide for Houston Clients with International Holdings

Repatriating foreign assets during a Texas divorce requires careful discovery, property characterization, tax planning, and compliance with foreign laws. Houston spouses with international bank accounts, real estate, businesses, or investments should work with experienced divorce counsel, forensic accountants, and tax professionals to identify, protect, value, and properly divide cross-border assets.

Divorce Matters

August 12, 2026

How Divorce Impacts Business Insurance and Benefits: What Houston Business Owners Need to Know

Divorce can significantly affect business insurance and employee benefits, from health and life insurance to key person coverage, disability policies, and buy-sell agreements. Houston business owners should review policy ownership, beneficiaries, coverage amounts, and community property issues early in the divorce process to protect business continuity and financial interests.

Divorce Matters

August 3, 2026

The Impact of Divorce on Business Credit and Financing

Divorce can significantly affect a business owner's credit, financing, and lender relationships. In Texas, issues involving personal guarantees, business loans, vendor credit, and refinancing often arise during divorce. Proper legal and financial planning helps protect business operations, preserve creditworthiness, and maintain access to financing throughout the divorce process.

Divorce Matters

July 31, 2026

How Offshore Business Holdings Affect Divorce Strategy

Offshore business holdings can significantly complicate a Texas divorce by affecting asset discovery, business valuation, property characterization, and enforcement of court orders. Houston spouses with international business interests should work with experienced divorce attorneys and financial experts to protect community property rights and address complex cross-border legal issues.

Divorce Matters

July 29, 2026

The Use of Subpoenas in High Net Worth Divorce Discovery

Subpoenas are essential discovery tools in Texas high net worth divorce cases, allowing attorneys to obtain financial records from banks, businesses, accountants, and other third parties. They help uncover hidden assets, verify income, trace financial transactions, and ensure complete financial disclosure during complex divorce litigation.