Texas Divorce Business Evaluation - the Sole
Proprietorship
By Earl N Jackson
Board Certified Texas Board of Legal Specialization
A sole proprietorship is about the individual and is the
individual. The individual owns the business and its assets outright.
The law will treat the business (sole proprietorship) and the individual as
one. Therefore, the assets of the business are subject to
division by the court as individually owned. The Court can award one
tractor to one spouse and the other tractor to the other spouse, for
example.
In a sole proprietorship, the individual assets of the
professional practice likely will be community property if acquired during
the marriage; such assets are, therefore, subject to division by the court.
See, e.g., Zeptner v. Zeptner, 111 S.W.3d 727, 738 (Tex.App.–Fort
Worth 2003, no pet.) (equipment acquired during thevmarriage but used by the
husband’s sole proprietorship was community property; the trial court erred
by not characterizing the equipment as community property and by confirming
it as the husband’s separate property; Butler v. Butler, 975 S.W.2d
765, 786 (Tex.App.–Corpus Christi 1998, no pet.) (the sole proprietorship’s
furniture, fixtures, machinery, equipment, inventory, cash, accounts, goods,
supplies, and all personal property used in connection with the operation of
the business, were acquired during the marriage and were therefore community
property).
A
sole proprietorship is hereby distinguishable from partnership or corporate
entities, in which ownership interests are held by the partners or
shareholders of the entity, while the entity itself owns the assets. Thus,
in a divorce, the valuation of a sole proprietorship specifically includes
will focus on the assets of the business, whereas a valuation of a
partnership or a corporation (in a divorce) will focus on the value of the
partner’s interest in the partnership, orvthe value of the shareholder’s
stock in the corporationv(both of which will reflect the value of the
underlying assets of the particular entity).
The Texas Standard Possession Order
"For both parents and children,
visitation is critical to maintaining a sense of connectedness both during
and after a divorce. But in the early stages of family restructuring and
co-parenting, it is frequently a source of conflict.
If former
spouses want revenge, finding ways to spoil a visitation is easy. If they
want to help their children through a difficult transition, they will find
ways to make visitation successful.
For visitation to work, both
parents need to accept and acknowledge that their children have two homes -
one with their father and one with their mother. Parents need to make sure
that their children are safe and comfortable in both places, even if they
don't spend equal time there. They need to help make the transition from one
home to the other smooth and calm. They also need to make sure they are
being consistent in rules and discipline.
Constructive Parenting Goals
The following guidelines are examples of
parenting goals that can help children grow into healthy, happy, whole
people.
Both parents should encourage visitation to help their
children grow in positive ways. Children need to know it is OK to love both
parents. In general, parents should treat each other with respect for
their children's benefit. Each parent should respect the other's
child-raising views by trying, when possible, to be consistent. For example,
if one parent strongly opposes toy guns for small children, the other should
take this into account when buying gifts Each parent is entitled to know
where the children are during visitations. They should also know if the
children are left with other people such as babysitters or friends when the
other parent is not there. Parents should try to agree on their children's
religious education, as well as who is responsible for overseeing it.
Parents should tell each other their current addresses and home and work
phone numbers. Both parents should realize that visita-tion schedules may
change as children age and their needs change.
Tips for Smooth
Visitations
-
Be as flexible as possible with schedules.
-
Treat your former spouse with respect.
-
Help children feel safe and comfortable in both homes.
-
Develop routines to give children a sense of security.
-
Maintain open communication lines with your former
spouse.
-
Don't question your children's loyalty.
-
Help make the transition from one home to the other
smooth and calm.
-
Discuss rules and discipline with your former spouse so
you are consistent.
Visitation dos
The following suggestions represent
strategies parents can use to achieve parenting goals.
-
Be flexible about visitation schedules
-
Give the other parent advance notice of changes in your
schedule. Remember to give the other parent your vacation schedule
in advance. Remember that your children may have plans that could
affect your visitation schedule.
-
Make visitation a normal part of life
-
Find activities that give you and your children an
opportunity to build your relationship. Allow time together without
planned activities just to "hang out." Provide a balance between fun and
responsibility for your children.
-
Encourage visitation that includes grandparents and
extended family.
-
Make sure your children have their own places in your
home even if it is just part of a room so they feel it is also their
home. Help your children meet other kids in your neighborhood so they
have friends at both homes. Try to keep a routine schedule to help
prepare your children for visitation. Have a checklist of items such as
clothing and toys that your children need to take on visitations. If the
children are old enough, they can help pack. If it's appropriate, allow
your children to bring friends along occasionally. Spend individual time
with each of your children.
-
Show respect for your former spouse and concern for your
children.
-
Be on time.
-
Inform your former spouse if a new person such as a
babysitter or romantic partner will be part of the visitation.
-
Share changes in your address, home and work phone
numbers, and in your job with your former spouse.
Visitation
don'ts
Some parents use visitation to achieve destructive
goals. These are goals based on revenge, such as one parent hurting the
other or disrupting his or her life. To achieve those goals, parents may
use destructive behaviors that can create a more hostile environment and
seriously damage relationships. Destructive strategies can be deeply
hurtful to children caught in the middle.
Following are tips for avoiding destructive
behavior.
-
Don't refuse to communicate with your former spouse.
-
Don't use your children to relay divorce-related messages
on issues such as child support. Those issues should be discussed by
adults only.
-
Don't make your children responsible for making,
canceling, or changing visitation plans. Those are adult
responsibilities.
-
Don't use your children to spy on your former spouse.
Don't fight with the other parent during drop-off and pickup times. Deal
with important issues when your children cannot overhear.
-
Don't disrupt your children's relationship with their
other parent.
-
Don't make your children feel guilty about spending time
with their other parent.
-
Don't use visitation as a reward for good behavior, and
don't withhold it as punishment for poor behavior.
-
Don't tell your children you will feel lonely and sad if
they visit their other parent.
-
Don't withhold visitation to punish your former spouse
for problems such as missed child support payments. Withholding
visitation punishes your children, who are not guilty.
-
Don't withhold visitation because you feel your former
spouse doesn't deserve to see the children. Unless a parent is a genuine
threat, adults and children need to see each other.
-
Don't use false abuse accusations to justify withholding
visitation.
-
Don't let activities such as sports and hobbies interfere
with the time your children spend with their other parent. Your former
spouse can transport the children to those activities if needed and can
sometimes participate.
-
Don't pressure your children about leaving clothes or
toys at their other parent's home. The children need to feel they belong
in both places.
-
Don't falsely claim that your children are sick to
justify withholding visitation.
-
Don't withhold phone calls to your children from their
other parent.
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Don't put down the other parent's new romantic partner.
-
Don't allow your anger to affect your relationship with
your children.
-
Don't hurt your children by failing to show up for
visitation or by being late.
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Don't spoil your children to buy their loyalty and love.
-
Don't let your children blackmail you by refusing to
visit unless you buy them something.
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Don't try to bribe your children.
-
Don't feel you need to be your children's buddy for
visitations to be successful. Your children need you to be a parent.
-
Don't try to fill every minute of a visit. Allow some
down time for routine activities such as cooking or laundry, or quiet
time just to be together.
All of these visitation don'ts
undercut children's ability to develop an open and supportive
relationship with both parents. One of the best ways to support children
involved in a separation or divorce is to do what you can to make
visitations go smoothly. Focusing on visitation dos is a first step in
helping children adjust."
References
Wallerstein, Judith S. and Joan Berlin Kelly. 1980. Surviving the
Breakup: How Children and Parents Cope With Divorce. Basic Books.
Wallerstein, Judith S. and Sandra Blakeslee. 1990. Second Chances:
Men, Women and Children A Decade After Divorce - Who Wins, Who Loses
- and Why. Ticknor & Fields, N.Y.
JACKSON : WOOD Dallas Divorce Lawyers
214-369-7100
E-Mail
Texas Divorce Lawyer
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