Lewisville Office
Frisco Office
Dallas Office
Principal Office
Campbell Centre II 8350 N. Central Expressway, Suite 420, Dallas, Texas 75206
Phone: 469-635-6900
Fax: 214-780-9797
Oficina de Lewisville
Oficina de Frisco
Oficina de Dallas
Principal Office
Campbell Centre II 8350 N. Central Expressway, Suite 420, Dallas, Texas 75206
Phone: 469-635-6900
Fax: 214-780-9797
Is There a 60 Day Waiting Period to Get a Divorce in Texas?
0 Comments/in Divorce /If you want to get a divorce in Texas, you may hear about a 60-day waiting period. In most cases, this waiting period is an absolute requirement. This article provides where the requirement comes from, the reason for its creation, how it works in the typical divorce suit, and the exceptions. The Texas Family Code […]
How Social Media Can Be Used Against You in a Texas Divorce
0 Comments/in Divorce /Social media platforms like Facebook, Instagram, and Twitter have become the Internet version of the corner bar or coffee shop. We use it to check in with friends and family, talk about what’s going on in our lives, and show lots of pictures. While social media can be a great way to stay in touch […]
Texas Child Custody: Does It Matter Where My Child Wants to Live?
0 Comments/in Divorce /“Does my child have a say in where he (she) wants to live?” Texas family law attorneys hear this question in most if not all custody disputes. And the answer is yes, it does. But it isn’t the sole deciding factor. The standard that is applied in custody cases on a near-universal basis is the […]
How is a Closely-Held Business Valued in a Texas Divorce?
0 Comments/in Divorce /If you or your spouse own a closely-held business, there is a strong chance that the business will play a central role in your divorce. Like all assets that are acquired or that appreciate in value during a marriage, the ownership interests in a closely-held business can qualify as “community property,” and this means that […]
What Happens to Retirement Accounts In a Texas Divorce?
0 Comments/in Divorce /You’ve spent years, maybe even decades, saving for retirement. Now that you are preparing to go through a divorce, was it all for nothing? Can your spouse take your retirement? If so, is there anything you can do to prevent this from happening? In Texas, the general rule that applies to all other types of […]
New Tax Act Disqualifies Self-Creations from Capital Gains Treatment
0 Comments/in Tax Planning /TCJA: Gain or Loss from the sale, exchange or other disposition of a self-created patent, invention, model or design, secret formula or process are no longer treated as the sale of a capital asset under section 1221(a)(3). The Tax Cuts and Jobs Act (the “TCJA”) was signed into law by President Trump on December 22, […]
Are You Sure the Executor Named in Your Texas Will is Qualified to Serve?
0 Comments/in Estate Planning, Probate /The individual named in your Texas Will as your Executor is merely your preference. In fact, Texas Estates Code Section 304.001 sets forth the order of individuals qualified to act as the estate’s representative. This section also grants the court the discretion to decide who is qualified to serve in an order of preference as […]
Firearms in Estate Administration – Can Your Beneficiary Receive The Gun?
0 Comments/in Estate Planning, Probate /Serving as an Executor can involve a lot more than most individuals imagine when they contemplate what an Executor does in practice. As an example, in Texas, you can’t represent yourself (you must retain an attorney), you must qualify based upon the provisions of the Texas Estates Code and you can’t legally act as Executor […]
New Registration Requirements for Texas Guardians After June 1, 2018
0 Comments/in Estate Planning, Probate /Texas Senate Bill 1096, passed during the 85th Legislature, Regular Session, affects the appointment of Texas Guardians. If you are applying for Texas Guardianship you should be aware of the following registration requirements. These requirements should be met at least ten days before your scheduled hearing on the Application for Guardianship. These requirements as set forth […]
No Frills Divorce Program Plan
0 Comments/in Divorce /Get to Know Us The Wright Firm, LLP offers access to justice through fixed-fee legal service options for Texas divorce cases with our No Frills Divorce Program. The Wright Firm, LLP is a full-service law firm with offices in Dallas, Denton, Frisco and Lewisville, Texas. However, divorce, child custody, and family law have always been a […]
What to Do if You are in an 18-Wheeler Accident
0 Comments/in Truck Accidents /The car comes to a sudden halt. The passenger compartment fills with smoke and senses suddenly come back online. Is everyone OK? What’s Next? An accident often involves loss of time, time off from work, dealing with an insurance company, loss of a favorite vehicle, the headache of a rental car and unfortunately at times […]
Probate and Non-Probate Assets
0 Comments/in Probate /Not all assets are subject to probate in Texas. Simply stated there are probate assets and non-probate assets. The Probate Asset The Probate Asset is an asset that is governed by the terms of a Will. This type of asset will pass through probate. It may also be subject to creditor claims and expenses of […]
Checklist for the Texas Surviving Spouse, Trustee, or Executor – Part 5
0 Comments/in Probate /Memento mori – “Remember that you have to die” This is a five-part series designed to assist the surviving spouse, executor or trustee. The series is presented in a checklist format. Each checklist can be used independently and can also serve as a reference for successor executors and trustees. Every estate or trust administration is […]
Checklist for the Texas Surviving Spouse, Trustee, or Executor – Part 4
0 Comments/in Probate /Memento mori – “Remember that you have to die” This is a five-part series designed to assist the surviving spouse, executor or trustee. The series is presented in a checklist format. Each checklist can be used independently and can also serve as a reference for successor executors and trustees. Every estate or trust administration is […]
Checklist for the Texas Surviving Spouse, Trustee, or Executor – Part 3
0 Comments/in Probate /Memento mori – “Remember that you have to die” This is a five-part series designed to assist the surviving spouse, executor or trustee. The series is presented in a checklist format. Each checklist can be used independently and can also serve as a reference for successor executors and trustees. Every estate or trust administration is […]
Checklist for the Texas Surviving Spouse, Trustee, or Executor – Part 2
0 Comments/in Probate /Memento mori – “Remember that you have to die” This is a five-part series designed to assist the surviving spouse, executor, or trustee in the probate process. This checklist may also be helpful to an estate beneficiary. The series is presented in a checklist format. Each checklist can be used independently and can also serve […]
Checklist for the Texas Surviving Spouse, Trustee, or Executor – Part 1
0 Comments/in Probate /Memento mori – “Remember that you have to die” This is a five-part series designed to assist the surviving spouse, executor, or trustee in the probate process. This checklist may also be helpful to an estate beneficiary. The series is presented in a checklist format. Each checklist can be used independently and can also serve […]
2018 Change in Tax Withholding Tables
0 Comments/in Tax Planning /Most Americans realized that a tax act was passed in 2017 that impacted the 2018 tax year (i.e. tax returns that will be filed in 2019). Note, your 2017 tax return will not be affected. On January 11, 2018, the IRS issued Notice 1036 which updated income tax withholding tables. Did Your Paycheck Change in February 2018? The new update […]
Texas Premarital Agreement: The Good, The Bad, and The Realistic
0 Comments/in Divorce /A premarital agreement, often called a prenup (or a prenuptial agreement), has a sordid perception of being a self-serving, unromantic, and pessimistic legal document. However, this is not always accurate. This page is intended to shed light on what a Texas premarital agreement can protect, what it cannot protect, and why it is nearly bulletproof. […]
Estate Planning in Texas
0 Comments/in Estate Planning /Death and money are two topics that most families would rather not talk about, but it is important for the long-term welfare and well-being of heirs to an estate that an estate plan is put into place. Importance of an Estate Plan Without an estate plan, one’s heirs will be left to wait for years […]
The Texas Small Estate Affidavit
0 Comments/in Probate /The Texas Small Estate Affidavit is a useful tool to settle estates in Texas. However, its use is often misunderstood and the affidavits are frequently rejected by courts because they fail to comply with the statutory requirements of Texas Estates Code Section 205. Thus, it is advised to always use a licensed Texas Estate Planning […]
Should You Be Making Estimated Tax Payments?
0 Comments/in Tax Planning /Taxes must be paid on income you earn or receive during the year, either through withholding or estimated tax payments. Note, you may be required to make both federal and state estimated tax payments. The following discussion centers around federal tax law; a separate analysis would have to be conducted for each state in which […]
End of the Year Estate Planning Review (Questions to Ask)
0 Comments/in Estate Planning /This is the time of year when we begin to look toward the new year and make goals. Those goals often center around the following: exercise, eating healthy, weight-loss, reducing your debt, or just trying to be more mindful in daily life. Rarely do you see reviewing your estate plan or estate planning on this list. […]
Family Law Dictionary: Common-Law Marriage
0 Comments/in Divorce, Family Law, Immigration /Yes, there is common-law, or informal, marriage in Texas. However, it isn’t simply living together that creates an informal marriage. In Texas, there are four elements that must be met in order to establish an informal marriage. First, the people involved must agree to be married from that moment forward, not at some point in […]
Can a Divorce Impact Your Immigration Status?
0 Comments/in Divorce, Family Law, Immigration /Many individuals obtain legal immigration status in the United States based on their marriage to a United States citizen, United States permanent resident or a beneficiary of an immigrant petition. A common misconception people have is that if a person in this situation gets a divorce, he or she will automatically be deported. Generally, this […]
The Effect of Bankruptcy on Divorce
0 Comments/in Bankruptcy, Divorce /By Monica Peters The Wright Firm, L.L.P. It is said that the most common cause of marital discord is financial stress. It should be no surprise then that frequently during the divorce process, one or both parties consider filing for bankruptcy. Before deciding if and when one will seek relief under the federal Bankruptcy Code, […]