Divorce

How can a divorce impact a celebrity’s public image?

Imagine filing for divorce and instead of just having all of your friends and family weighing in, you have the entire public inserting their opinions. Unfortunately, this is the reality for most high profile couples that file for divorce. The media has made it so that celebrity divorces are rarely private or quiet matters. For better or for worse, fame thrusts high profile individuals into the spotlight, even for sensitive matters like a divorce. Recently, Jay Cutler and Kristin Cavallari and Mary-Kate Olsen and Olivier Sarkozy have filed for divorce.
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Reaching the decision that divorce is the best choice for your family is one of the most difficult decisions you may ever have to make. What can feel even more difficult, however, is telling your children that you are getting a divorce. This is a critical conversation that can not only set the tone for how the family deals with the divorce process, but how your family handles post-divorce life.
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Are stocks purchased before the marriage part of community property if they gained in value?

Stocks are often one of the largest assets held by American couples today. The most recent Gallup poll reveals that about 55 percent of Americans own stock. A stock represents a percentage share in the ownership of a company. The value of a stock will typically increase as the business performs well, and may decrease on underperformance by the company. At times, employees of certain companies are given a stock option.
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Will self-isolating push some couples to divorce?

In the midst of the coronavirus pandemic, more couples are finding themselves spending a lot more time confined in the house together. Nationwide, the number of states issuing mandatory stay at home orders is increasing daily. On a federal level, the government is urging everyone to practice social distancing, which means avoiding gatherings of over ten people, working from home whenever possible, and staying six feet away from anyone not in your household. Families who have been exposed to the coronavirus are being told the entire household must remain inside for a 14-day quarantine to stop the spread of the dangerous virus.

Rarely have so many American families spent so much time indoors together.
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How common are divorces in Texas?

Recently, insurance website QuoteWizard.com released a report that ranks the rates of divorce by state. Overall, divorces are on the decline nationally. Over the past ten years, divorce rates have dropped by 20 percent. Some states experienced sharp declines, while divorce rates actually increased in certain states.
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Is "Marriage Story" an accurate depiction of divorce in America?

The heart-wrenching drama “Marriage Story” captivated audiences nationwide. Nominated for six Oscars, with one win, “Marriage Story” tells the tale of two artists whose marriage crumbles. The couple files for divorce, with initial plans to end the marriage amicably. However, the divorce soon becomes acrimonious and a coast-to-coast custody battle emerges. The movie is both sad and sweet, with outstanding performances by both Adam Driver and Scarlett Johannsson.
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Why do divorce filings tend to spike in the summertime?

Summertime is typically thought of as a carefree season to swim, barbeque, and soak in the sun. However, summer is also associated with a little know phenomenon—a divorce spike. During the summer months, children are out of school and many families will travel. For some couples, these added stressors might be the push that ultimately leads to divorce. Our Read more . . .

Who will continue to run our business during a divorce?

Currently, Texas is considered the number one state to start a small business, according to a study by WalletHub. With so many businesses flocking to the state, it is the sad reality that some of these business owners will go through a divorce. Any divorce can be complex, but divorces involving a business will come with a myriad of important issues to address. Our Read more . . .

How might divorce in your Golden Years impact your retirement?

Divorce rates nationally are on the decline, with the exception of one group—Americans over the age of 50. Research conducted by the National Center for Family and Marriage Research reveals that the divorce rate among retirees has doubled over the past 20 years. While divorce is life changing for any age group, it can inflict financial ruin for retirees. Retired couples who were prepared for retirement will now find themselves with half the capital that they once had. Given the immense potential repercussions of a so-called gray divorce, it is essential for older Americans who are contemplating divorce to Read more . . .

Is your spouse concealing assets?

Texas law requires that divorcing spouses disclose all relevant information regarding their assets, which includes any financial accounts, retirement assets, property, and the like. Assets that a spouse attempts to purposely conceal or transfer in order for the other spouse to be unable to claim them are called hidden assets. Spouses who suspect their soon to be ex may be concealing assets will need to take action to uncover these assets so that they receive the property to which they are legally entitled. OurRead more . . .

Why might I choose to file for divorce based on a fault ground?

Forty years ago, the first no-fault divorce was granted in California. Prior to this time, couples seeking a divorce were required to list a valid ground for divorce, which often included adultery, abandonment, and cruelty. If one of these grounds did not exist in the marriage, but the spouses nonetheless wanted a divorce, they were forced to fabricate a grounds for divorce. Recognizing a need for more honest and efficient divorces, California, and soon after every state in the union except for New York, adopted a version of no-fault divorce.

Most couples in Texas looking to file for divorce today will file for a no-fault divorce, in which the parties will list that the marriage cannot continue because the spouses can no longer get along in the marriage and there is no chance of reconciliation.
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