Why Would Marital Assets Be Divided Unequally?
Texas divorces are filled with important issues that must be resolved in order for the divorce to be finalized. Possibly one of the most contentious issues incident to divorce involves the division of the marital assets. This is understandable considering the idea of your property being divided between you and your soon to...
Navigating Holidays Post-Divorce
As the holidays approach, you may be reminiscing about Christmases past and fondly recalling memories of your favorite holiday traditions and occasions marked by the gathering of family. If you have recently divorced, however, such memories may be stirring other feelings this time of year. You may be feeling anxious, overwhelmed, or just down...
Considerations When Divorcing Near Retirement Age
It is no secret that divorce can take a significant financial toll on those involved. The expense of divorce may be one thing. The biggest impact, however, can come in the separating of expenses and finances. In many cases, a divorcing couple may be moving from a two income household, sharing expenses, to...
Debt and Divorce
Divorce goes to the heart of so much of a person’s life. It goes to the family structure. Where you live. Who you live with. It can also deeply impact a person’s financial situation. This can be the result of many things. It can be the result of the expenses and costs associated...
How Are Child Care Expenses Divided After Divorce?
There are many moving parts in a divorce. If there are children involved, there are even more things to consider. Do not let everything distract you from putting plans in place to protect your future wellbeing, particularly your future financial wellbeing and ability to provide for your children. Many people may mistakenly operate...
Tax Consequences of Divorce
Going through a divorce can be difficult enough in and of itself. To know that you also need to be looking ahead to post-divorce life in order to best protect yourself and your well-being as you start off on a new chapter in your life can be overwhelming. One of the considerations you should...
Can I Oppose Divorce?
Way back when, a divorce in Texas would only be granted for certain, specified reasons. To seek a divorce, a spouse had to both allege and prove one such specific reason to get a divorce. Should he or she be unsuccessful in proving the alleged reason for seeking a divorce, then the divorce...
What Is the Difference Between Fault and No-Fault Divorce?
If you have considered getting a divorce, you may have seen the terms “fault” and “no-fault” come up in any initial research you may have done. Divorce is a complicated area of law, a highly personal one, and one that can have profound impacts on the personal and financial future of anyone who...
Is My Spouse Entitled to Half of My Business?
In a Texas divorce, marital assets are subject to equitable division. Marital assets are considered to be, with certain exceptions, those acquired, those that gained in value, or those that both spouses contributed to building during their marriage. This can include a business. If you are a business owner and are in the...
My Spouse Wants a Divorce—What Do I Do?
Whether expected or unexpected, having your spouse directly inform you that he or she wants a divorce can send you reeling. Even saying the request out loud can feel like a marked change has fallen over your relationship. If your spouse has asked for a divorce, it will likely take a minute to...