Law Offices of Keith E. Holloway Law Offices of Keith E. Holloway 2026-09-14T14:18:32Z https://www.hollowaylawsa.com/feed/atom/ WordPress /wp-content/uploads/sites/1602303/2021/02/cropped-holloway-site-icon-32x32.png On Behalf of Law Offices of Keith E. Holloway <![CDATA[What factors affect child support for a business owner in Texas?]]> https://www.hollowaylawsa.com/?p=49283 2026-09-14T14:18:32Z 2026-09-14T14:18:32Z Self-employment income Income you receive from your business can factor into the amount used to calculate child support. Texas considers money earned through self-employment when determining your net resources. The court looks at the income available to you rather than treating the company's total sales as your personal earnings.

Ordinary and necessary business expenses

Legitimate costs involved in producing your business income can affect the amount used for support. Texas law allows certain ordinary and necessary expenses to reduce self-employment income for this purpose. For example, the court may consider costs that your business must pay to operate and generate revenue.

Depreciation and other business deductions

Not every deduction on your tax return will reduce the income used for child support. A court can exclude depreciation, tax credits or other claimed expenses if they do not accurately reflect the money you have available.

Other income and resources

Money you receive outside your business may also count toward your resources. Texas law can include sources such as:
  • Money earned from investments or royalties
  • Income from rental property
  • Retirement or pension payments
  • Trust distributions, annuities or capital gains
These can matter when your income comes from several places instead of the business alone.

Financial information used in the calculation

The court can require records that show your net resources and ability to pay support. Texas law requires parties to provide information such as tax returns from the previous two years, a financial statement and current pay stubs. If you own a business, these can help show what you actually receive after relevant expenses.

Review the numbers before support gets calculated

Owning a business can make your child support calculation more involved than simply checking your reported salary. Reviewing your business records, expenses and other income with an attorney can help you determine which ones may affect what you owe and address concerns as early as possible.]]> On Behalf of Law Offices of Keith E. Holloway <![CDATA[How spousal maintenance works for Texas high earners]]> https://www.hollowaylawsa.com/?p=49282 2026-08-14T15:43:13Z 2026-08-14T15:43:13Z Understanding Texas spousal maintenance limits and calculations Unlike states such as California or New York where alimony can be substantial and long-term, Texas caps court-ordered spousal maintenance. Regardless of your income level, monthly payments cannot exceed $5,000 or 20% of your average monthly gross income, whichever is smaller. For example, if you earn $50,000 per month, 20% would be $10,000. However, Texas law caps your payment at $5,000 per month. Even if you earn $100,000 per month, the cap remains $5,000. This provides significant protection for high earners. Your spouse must also meet strict eligibility requirements. In most cases, the marriage must have lasted at least 10 years, unless exceptions such as family violence or disability apply. Your spouse must also lack sufficient property after the divorce to meet minimum reasonable needs. Courts consider whether your spouse can support themselves through employment.

Recognizing how long payments last

Texas limits how long you pay spousal maintenance based on your marriage length:
  • 10 to 20 years of marriage: Maximum five years of maintenance
  • 20 to 30 years of marriage: Maximum seven years of maintenance
  • 30 years or more of marriage: Maximum 10 years of maintenance
Unless maintenance is ordered due to an incapacitating disability or caring for a disabled child, court-ordered maintenance in Texas is time-limited and cannot be permanent. This provides certainty and allows you to plan for your financial future.

Exploring contractual alimony as an alternative

While court-ordered maintenance has strict limits, you and your spouse can negotiate contractual alimony as part of your divorce settlement. Contractual alimony can exceed the $5,000 cap and last longer than statutory limits. Contractual alimony gives you control. You can negotiate terms that fit your financial situation, structure payments to align with retirement planning, and create finality. Once agreed upon, contractual alimony cannot be modified by the court later, unlike court-ordered maintenance, which can be modified if circumstances change. Working with a divorce attorney experienced in high-asset cases can help you evaluate whether negotiating contractual alimony makes sense or whether staying within statutory limits better protects your financial interests.  ]]> On Behalf of Law Offices of Keith E. Holloway <![CDATA[What documents should you gather before property division?]]> https://www.hollowaylawsa.com/?p=49281 2026-07-03T15:56:03Z 2026-07-03T15:56:03Z Financial account records Start by collecting records that show your current assets and debts. These may include:
  • Bank account statements
  • Investment account statements
  • Retirement account statements
  • Credit card statements
  • Loan documents
Reviewing these records can help you identify the accounts you will need to address during property division and build a more complete picture of your finances.

Real estate and property documents

Gather records that establish ownership and the value of your property. If you own a family home, rental property or vacation home, keeping these materials together can make it easier to identify the real estate interests you will need to address during property division. Useful records include: If you own more than one property, collect records for each one so nothing is overlooked.

Income and asset documentation

Bring together information that reflects your earnings and other valuable assets. These records help show what you own today and provide context for discussions about property division. Consider gathering:
  • Recent tax returns
  • Pay stubs or other proof of income
  • Business ownership records, if applicable
  • Vehicle titles and other ownership records for valuable property
Keeping these materials organized can also make it easier to respond if your attorney or the court asks for additional information later.

Put your documents to work

Organizing your records before property division begins can help you approach the process better. Store copies in a secure location and avoid discarding documents that could become important later. Bringing these to your first meeting with a divorce attorney also makes it easier to discuss your assets, answer questions and identify any additional information you may need to gather.]]> On Behalf of Law Offices of Keith E. Holloway <![CDATA[Which factors can affect property division in a Texas divorce?]]> https://www.hollowaylawsa.com/?p=49280 2026-06-19T10:38:31Z 2026-06-19T10:38:31Z What is community property? Texas treats most property you acquire during marriage as community property. This includes your income, real estate purchases, vehicles and retirement accounts earned while married. On the other hand, separate property includes assets you owned before getting married. This category can also include your inheritance or gifts solely given to you. These items generally remain yours after a divorce. The court typically divides community property in a manner deemed just and right, which does not always mean a 50-50 split. This helps judges consider your circumstances and allocate fairer shares when dividing your property.

How does the court determine what is fair?

Texas courts consider numerous factors when dividing property. The judge may look at each spouse's earning capacity and education level. If you or your spouse gave up career opportunities to support the family or raise children, the court may consider that when dividing property. The court also examines the length of your marriage. Longer marriages might result in a more equal distribution of assets. Additionally, the physical condition and age of each spouse can play a role in determining who receives certain assets. Fault in the divorce may matter as well. If one spouse committed adultery, cruelty or another wrongdoing that led to the divorce, the court might award a larger portion of property to the innocent spouse. However, this is not guaranteed and depends on the specific circumstances.

Can you protect certain assets?

You might wonder if there are ways to protect your property interests during divorce proceedings. Keeping detailed records of separate property can be helpful. Documentation such as bank statements, receipts and titles showing ownership before marriage can support your claims. Prenuptial or postnuptial agreements can also affect property division. If you and your spouse signed a valid agreement outlining how assets should be divided, the court will likely honor it unless there are legal reasons not to.

Should you consider professional guidance?

Property division in divorce involves complex legal and financial considerations. Consulting with a family law attorney could help you understand your rights and options. An attorney can review your specific situation and suggest strategies for protecting your interests. Additionally, financial advisors and accountants might provide valuable insights into the long-term implications of different division scenarios. Understanding tax consequences and future financial needs can help you make informed decisions.

Securing a fair share during a divorce

When you understand how Texas courts divide property, you can approach your divorce with greater confidence. By gathering financial records, identifying separate property and evaluating your long-term needs, you can make more informed decisions throughout the process. This can help you protect your interests and help you receive a fairer share of assets.]]> On Behalf of Law Offices of Keith E. Holloway <![CDATA[Is your spouse using money to trap you in marriage?]]> https://www.hollowaylawsa.com/?p=49279 2026-05-28T13:25:10Z 2026-05-28T13:25:10Z You may have a good income, a nice home and years of shared financial history, but still feel powerless because your spouse controls the accounts. Maybe you do not know where the investment statements are, how much debt exists or whether money has moved without your knowledge. For many professionals in San Antonio, financial control can become one of the biggest barriers to leaving a high-asset marriage. The concern is not just “Can I afford a divorce?” It is “Can I even get clear answers before I make a decision?”

Financial control can hide the full picture

In some marriages, one spouse handles the finances because that arrangement once worked. Over time, though, the gap in financial knowledge can become a serious problem. The spouse who controls the passwords, tax returns, business records or investment accounts may have an advantage before divorce even begins. Warning signs may include:
  • Refusing to share account passwords
  • Moving money without explanation
  • Keeping tax returns or pay records private
  • Opening new accounts you cannot access
  • Threatening to cut off credit cards or household funds
  • Saying you will get “nothing” if you leave
One warning sign does not prove misconduct. A pattern of secrecy, pressure and financial threats deserves closer attention.

Texas courts divide property fairly, not always equally

Texas law requires courts to divide community property in a way the court considers “just and right.” That does not always mean a strict 50/50 split. The final outcome may depend on the assets, debts, income, children, earning capacity and other facts in the marriage.  That matters because a spouse who controls the money does not automatically control the divorce. Bank accounts, retirement plans, real estate, business interests and other assets may still need review during the case. In a high-asset divorce, documentation can make a major difference.

Temporary orders may help during the case

Many people stay in unhappy marriages because they fear losing access to money, insurance or the home. Texas family courts can issue temporary orders while a divorce is pending. These orders may address financial support, property use, bill payment, child-related issues and other immediate concerns.  Temporary orders do not solve every long-term issue. They can, however, create structure while the divorce moves forward.

Start with records, not confrontation

If you are thinking about divorce, try to collect lawful financial records before the conflict escalates. Useful documents may include tax returns, bank statements, retirement statements, mortgage records, credit card bills, business records, pay stubs and insurance policies. Before or during a divorce, avoid moving significant funds, changing account access, altering property records or sending heated written messages without legal guidance, as these choices can affect credibility and may create additional disputes. 

You need clarity before you decide

Money can make a marriage feel impossible to leave, especially when one spouse controls the information. Still, financial dependence does not mean you have no options. Before making a major move, focus on understanding the numbers. Once you know what exists, what you owe and what may count as community property, you can make decisions from a place of preparation instead of fear.]]> On Behalf of Law Offices of Keith E. Holloway <![CDATA[6 ways forensic accountants affect high-asset divorce outcomes]]> https://www.hollowaylawsa.com/?p=49278 2026-04-27T12:13:19Z 2026-04-27T12:13:19Z When your marriage involves large assets, your financial life becomes the main part of your divorce. A forensic accountant is not a standard certified public accountant (CPA). This is because they investigate financial records with the precision of a trained investigator. In Texas, the community property system assumes that both spouses equally own everything obtained during the marriage. That presumption makes financial review common practice in high-asset cases, not a rare exception.

Court-ordered or privately retained: Understanding your options in Texas

A Texas judge may sometimes order a neutral forensic accountant to examine both parties' finances. This means neither you nor your spouse controls what they investigate or report. In most cases, you have the option of hiring your own accountant. When you do this, they work for you to analyze finances and provide professional advice that may challenge opposing findings. Under the Texas Family Code, these professionals usually enter a case during the discovery phase. Hiring one early gives your legal team a stronger foundation before the court reviews the whole of your finances.

What they examine and how it changes the outcome

Forensic accountants cover wide ground in a high-asset divorce in Texas. Here are the six areas where their work can change the result of your case:
  • Uncovering hidden assets: The community property presumption requires you to share all financial information. Forensic accountants find what did not appear on the official inventory.
  • Valuing your business or practice: Different ways of valuing your business produce very different numbers. Who performs that analysis directly shapes what courts consider.
  • Tracing separate versus community property: Texas applies strict rules to mixed funds. In this case, a forensic accountant can gather or question your ownership evidence.
  • Calculating true income: Complex income structures affect support payment limits and child support figures under the Texas Family Code.
  • Recording lifestyle and spending: This evidence shows how you lived during the marriage. Texas courts apply this finding to spousal maintenance decisions.
  • Providing expert testimony: A qualified forensic accountant takes the stand as an expert witness. A Texas judge takes their conclusions seriously.
Because of these, a skilled forensic accountant defines the financial story the court hears.

Your financial story deserves the right narrator

In a high-asset divorce, the forensic accountant's report often becomes one of the most important documents before the court. The outcome does not depend on the numbers alone. Legal support can help you understand what a forensic investigation might reveal and how to position your case around it.]]> On Behalf of Law Offices of Keith E. Holloway <![CDATA[How to split a monetized social media account in a Texas divorce]]> https://www.hollowaylawsa.com/?p=49277 2026-03-19T16:21:28Z 2026-03-23T16:18:35Z In 2026, your social media accounts aren't just hobbies anymore. They're high-value assets worth serious money. In Texas, where community property laws apply, that little blue checkmark might be worth more than your house. Hence, if you and your spouse built a monetized social media presence together, you need to understand how the law treats these digital assets during divorce.

Identifying who legally owns the account

Before you can divide your account, you need to understand how Texas law views ownership. The first step is to classify whether your monetized social media account falls under community or separate property. Here is how they differ:
  • Community property: If you started the account during marriage or it grew significantly while married, the court generally considers it community property, even if the account shows only one spouse's name.
  • Separate property: If you created the account before marriage and it didn't increase in value due to marital efforts, it might be a separate property that you alone own.
This classification determines everything that follows. Once you know what type of property you have, you can move forward with valuing your account.

What your followers are really worth

Now that you understand ownership, you need to determine the actual dollar value of your digital presence. Business valuation experts often translate your followers and engagement into a number you can split during divorce. They typically examine three key areas such as:
  • Income generated: Experts analyze your past earnings, ad revenue and existing sponsorship contracts to establish your account's proven track record.
  • Current assets: They evaluate your subscriber count, engagement rates and the value of your content library.
  • Future earning capacity: Professionals project potential revenue your platform could generate based on current trends.
These valuation methods give you a concrete number to work with. Once you have this information, you can explore your options for dividing the account fairly.

Your options for splitting the monetized account

Once you have a clear valuation, you need to decide how to actually divide this asset. In fact, you and your spouse can choose from three main strategies:
  • Buyout or offset: The spouse who manages the account keeps it and pays the other spouse half the value in other community assets like cash or retirement accounts.
  • Sell and split: You sell the account to a third party and divide the net proceeds equally.
  • Ongoing division: You continue the business jointly and split revenue after expenses, though this rarely works due to divorce conflicts.
Each strategy has distinct advantages and challenges. Thus, understanding these options helps you make informed decisions about protecting your financial interests.

Protect your digital footprint

Your digital footprint represents more than just memories. It's a valuable asset you've worked hard to build. Navigating the division of monetized social media accounts requires careful attention to Texas community property laws and thorough documentation. With proper guidance and a clear understanding of your rights, you can ensure courts treat your digital presence fairly and secure a fair share of what you've created.]]> On Behalf of Law Offices of Keith E. Holloway <![CDATA[Can cheating affect property division in a divorce?]]> https://www.hollowaylawsa.com/?p=49276 2026-02-16T16:57:39Z 2026-02-20T15:00:17Z dividing marital property.

How adultery can influence property division

Texas follows community property rules. In general, courts divide marital property in a way the judge considers just and right. That does not always mean a strict 50-50 split. When deciding what is fair, a judge may consider several factors, including fault in the breakup of the marriage. For example:
  • A judge may weigh adultery when deciding how to divide community property.
  • If your spouse spent marital funds on the affair, the judge can address that spending in the final division.
  • Fault can influence how a judge evaluates fairness in a long-term marriage with substantial assets.
  • Claims of adultery can shape settlement negotiations before the case ever reaches trial.
If your spouse used shared money for gifts, travel or housing related to the affair, the court may treat that spending as a misuse of community funds. In some cases, the judge can award you a larger share of property to account for that conduct.

How courts approach property division overall

Although adultery can matter, judges look at the full financial picture before dividing property. They review the nature of the assets, the length of the marriage and each spouse’s financial situation. If you spent years building assets with your spouse, the stakes may feel especially high. The court can divide retirement accounts, and it can also divide real estate holdings and business interests that you and your spouse acquired during the marriage. The judge considers how those assets were accumulated and how a fair division will affect both spouses after the divorce.

What to realistically expect from the court

If your spouse cheated, you may feel that the betrayal should directly affect how the court divides your property. And while Texas law does allow judges to consider fault, cheating does not automatically entitle you to a larger share of the marital estate. Instead, adultery becomes one factor in a broader analysis focused on fairness. Judges base their decisions on evidence and legal standards, not emotion. Understanding this framework can help you form realistic expectations about what the court may do in your case.]]> On Behalf of Law Offices of Keith E. Holloway <![CDATA[What happens to retirement accounts in a Texas divorce]]> https://www.hollowaylawsa.com/?p=49274 2026-01-21T08:23:23Z 2026-01-21T08:23:23Z If you divorce in Texas, retirement accounts often rank among your most valuable assets. The way the court classifies and divides them can shape your finances for many years.

How Texas law governs retirement accounts

Texas follows community property law. This rule means spouses usually own together any property earned or gained during the marriage. Retirement accounts fall under this rule. Texas Family Code § 7.003 allows courts to identify and divide retirement and employment benefits in a divorce. If you earned retirement benefits during the marriage, the court treats those benefits as community property. The account name does not matter. Timing drives the analysis. Courts look at when you made contributions rather than who earned the income. Most retirement accounts include both types of property. Here is how courts usually break it down:
  • Separate property: You made contributions before marriage. The growth tied to those funds stays separate.
  • Community property: You made contributions during the marriage. The growth on those contributions counts as community property.
If you cannot show clear records of pre-marriage balances, the court may treat the entire account as community property.

What “just and right” division means for you

Texas courts do not split retirement accounts automatically down the middle. Judges instead apply a “just and right” standard. This approach lets the court consider income gaps, health issues and future earning ability. Judges review retirement accounts as part of the full marital estate rather than as stand-alone assets. Because of this, you may keep more retirement funds while your spouse receives other property. In other cases, the court may divide retirement benefits to balance real estate or investment awards.

How retirement accounts are actually divided

The division process depends on the type of account. Each method requires careful handling. Common approaches include:
  • Employer plans: Courts usually divide 401(k)s and pensions using a Qualified Domestic Relations Order to avoid taxes and penalties.
  • IRAs: Courts divide IRAs through a transfer incident to divorce rather than a QDRO.
  • Tracing: You use financial records to separate property from community property.
  • Offsets: You trade retirement funds for home equity or other assets.
Each option affects taxes and timing in different ways.

Why working with an attorney can help

Retirement division involves state law, federal rules and tax consequences. Errors can be difficult to fix after the divorce is final. In higher-value estates, retirement assets often interact with real estate and investments, which adds complexity.  A Texas divorce attorney can help you understand how the law applies to your accounts and how the “just and right” standard may affect your long-term financial position.]]> On Behalf of Law Offices of Keith E. Holloway <![CDATA[How Texas courts treat the family home in a high-asset divorce]]> https://www.hollowaylawsa.com/?p=49273 2025-12-19T09:30:39Z 2025-12-19T09:30:39Z In a Texas high-asset divorce, what happens to your family home may shape your long-term financial security. Courts focus on a fair overall split of property and not just who stays in the house.

How Texas community property rules apply to the home

Texas treats most property acquired during the marriage as community property. The family home usually falls into this category even if only one spouse is on the deed or pays the mortgage. Under Texas Family Code § 7.001, the court must divide community property in a way it considers fair. This may lead to something other than a straight 50/50 split when there are large income differences, health issues or significant debt.

When the home might be separate property

A home may qualify as separate property if you owned it before marriage or received it as a gift or inheritance. The spouse claiming separate status must prove it with clear records. If you used community funds to pay the mortgage or renovate the property, the court may find that community interests exist in the equity. In high-asset cases, tracing these payments can be critical to avoid losing separate property claims under the just and right framework.

Common outcomes for the family home

Courts look at the entire estate, then decide how the home fits into a fair division. Typical options include:
  • Sell and split: The home is sold and net proceeds are divided.
  • Buyout: One spouse keeps the home and compensates the other with cash or other assets.
  • Deferred sale: One spouse stays for a set time, often while children remain in school.
  • Asset trade: One spouse takes the home while the other receives more investments or retirement funds.
These choices can affect taxes, liquidity and your ability to qualify for a new mortgage so they may need careful financial review.

Exercising next options

Because the family home sits at the intersection of emotions, equity and complex property rules, you may benefit from talking with a Texas divorce attorney who handles high-asset cases. An experienced lawyer can help you understand how the just and right standard might apply to your specific facts including any business interests or investment portfolios tied to the house.]]>