January 2018 Archives

Dividing art collections in a divorce

When some couples in Texas get a divorce, they might have artwork to divide. There have been several high-profile divorces in which artwork created conflict during property division. For example, in a divorce between a real estate developer and his wife, a trustee of the Guggenheim and the Metropolitan Museum of Art, artwork by Picasso, Warhol and others were among those in dispute. One issue was the appraisal of the art's value, which differed by hundreds of millions of dollars. Another was figuring out who had paid for the art.

Selling the family home when marriage ends in Texas

Going through a divorce can be stressful and confusing. Dividing family assets, including having to sell the family home, often makes the process even more complicated. However, selling the family home will be a much more profitable ordeal if both spouses can agree on their sales goals and work together.