Legal Question in Family Law in Texas

Shut out of farm corporation

No. You may not own any of the farm corporation shares, but you can claim reimbursement for time and energy and funds expended to enhance the value of the original shares. You can also have child support calculated upon the earing capacity of the farm corporation. Find a good lawyer to fight for your fair share of the enhancement of the value. It should roughly equate a community property division.

Divorce and corporate law

There are a number of remedies you can pursue. Assuming that the shares were gifts from his father, have corporate formalities been disregarded? Have corporate assets been treated as though they were owned by your husband? If so, perhaps you can disregard the corporate fiction. You may also have a reimbursement claim for your time, toil, talent and effort expended in working for the business, as well as that of your husband, less compensation you and he received. Further, to what extent have funds - whether corporate or personal - been spent on another woman? All these issues, and others, could assist you in obtaining substantial assets.