October 2018 - Dallas Divorce Lawyers | Estate Planning & Business Law Attorneys Lewisville TX

What Happens to Retirement Accounts In a Texas 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 […]

By Patrick WrightOctober 18, 2018

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, […]

By Patrick WrightOctober 2, 2018

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"Patrick Wright was an incredible valuable ally during my complicated divorce proceeding. This was by far, one of the most difficult times of my life. Patrick and his staff were responsive, professional and compassionate throughout the duration of my case. I still rely on Patrick Wright from time to time when issues arise. I highly recommend The Wright Firm for family law matters."

- DB

"“I highly recommend Patrick Wright. Patrick provided excellent guidance and counsel with clarity every step of the way. He was always professional and well prepared, and his performance in court was outstanding.” Patrick was not the only attorney Tammi interviewed to represent her but, “He was the only attorney where I walked away from the initial interview confident that he understood my situation, how the law applied to it and knew the direction to take to achieve the goals I wanted to achieve."

- Tammi N.

"I was impressed with Patrick throughout the case. I chose Patrick to represent me because he was knowledgeable about the law and extremely competent. He was incredibly well prepared with charts and paperwork, and knew exactly how to present my case to win. His ability to be subtle yet powerful at the same time was impressive. His knowledge, finesse and technique won the jury over."

- Don M.

Archive for month: October, 2018

What Happens to Retirement Accounts In a Texas Divorce?

New Tax Act Disqualifies Self-Creations from Capital Gains Treatment

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