Financial Planning During Divorce in Midland & Odessa
Divorce is not only an emotional transition; it also reshapes your financial life. From deciding how to divide property to determining support obligations, the process requires thoughtful planning. When you take the time to prepare, you can move forward with a clearer picture of your financial future.
Reviewing...Pre-Nups, Post-Nups, and Spousal Support: What You Agreed to Might Matter
When it comes to divorce in Texas, financial disputes are often among the most complicated and emotionally charged issues. Spousal support (also known as alimony) can provide critical financial stability, but what if you or your spouse previously signed a prenuptial (pre-nup) or postnuptial (post-nup) agreement? At Navarrete & Schwartz, P.C.,...
How Cohabitation Affects Spousal Support in Texas
Spousal support (also known as spousal maintenance) is a significant component of many Texas divorce agreements, providing financial stability to a spouse after the marriage has ended. But what happens if the receiving spouse moves in with a new partner?
At Navarrete & Schwartz, P.C., we frequently advise...
Navigating Divorce When One Spouse Faces Criminal Charges in Texas
Divorce is difficult, but it becomes even more complicated when one spouse is facing criminal charges. Whether those charges involve assault, drug possession, or white-collar crimes, the situation can quickly become overwhelming. We've helped many people in West Texas deal with both divorce and criminal matters at the same time, and we...
Divorce Mediation for High-Conflict Couples: Is It Possible?
Divorce is rarely easy, but for couples dealing with high levels of conflict, the process can become even more challenging. Heated arguments, deep-seated resentment, and an inability to communicate effectively may make it seem like mediation is out of the question. However, even high-conflict couples can benefit from divorce mediation—when approached the...
How Divorce Mediation Can Save You Time and Money
Divorce is often associated with lengthy court battles and overwhelming legal fees, but it doesn’t have to be that way. Many couples in Midland, Texas, are turning to divorce mediation as a way to reach a fair settlement without the time, stress, and expense of litigation. Mediation offers a more efficient and...
Filing for Divorce: How Economic Abuse Complicates Financial Settlements
Divorce is never an easy decision, but for those who have endured economic abuse, the process can feel even more overwhelming. Economic abuse, a form of domestic violence, involves one partner controlling the other’s financial resources to maintain power and control. This abuse can significantly complicate divorce proceedings, particularly when it comes...
The Impact of Divorce on Taxes: Understanding the Financial Implications of Asset Division
Divorce can significantly change your financial situation, particularly regarding taxes. The decisions made during asset division can affect your tax obligations. For example, dividing retirement accounts or transferring property might trigger unexpected tax liabilities. How alimony, child support, and custody arrangements are handled can influence your tax filing status and overall financial...
Financial Infidelity in Texas Divorces
In the realm of family law, divorce cases bring to light a myriad of complex issues, and one that is increasingly common yet frequently overlooked is financial infidelity. When you believe that your marriage is built on trust and mutual respect, the discovery of financial deceit can be especially devastating. Here, we...
Military Divorce in Texas: Special Considerations and Protections for Service Members
Divorce is a challenging process, and when one or both spouses are active-duty or retired service members, it adds unique complexities to the situation. There are special considerations and protections available to service members and their spouses. These are the key aspects of military divorce and how to navigate the process effectively.