Spousal support, also known as alimony, is a financial arrangement that provides monetary assistance from one spouse to another after a divorce. In Texas, the determination of spousal support is a major part of divorce proceedings. Specific factors aimed at achieving...
Divorce
8 types of financial documents to get before filing for divorce
Thorough preparation can help with a smooth and streamlined divorce in Texas. One step in preparing is to gather important financial documents. Having these documents ready may clarify your goals and your assets and debt situation. 1. Income documents Start by...
Are you stuck with a prenuptial agreement in divorce?
When a marriage ends in divorce, individuals often grapple with legal matters, including the terms in their prenuptial agreements. In Texas, prenuptial agreements are legally binding contracts that dictate the division of assets, spousal support and other pertinent...
The question of who gets the dog in a divorce
When couples part ways, the fate of their pet looms large. For many people, a dog is much more than a simple pet; they are a member of the family. A variety of factors determine who retains custody of a jointly owned pup. Suitability of living environments One of the...
How you can “divorce-proof” your business
The stability of your business may be at risk when faced with the challenges of a divorce. It is in your best interests to protect your business and related assets during such times. By keeping some common strategies in mind, you can take steps toward divorce-proofing...
Supporting your children through the divorce process
According to the National Center for Family & Marriage Research, nearly 40% of marriages end in divorce. While adults grapple with their own emotions during this period, remember the impact divorce can have on children. Supporting them through a divorce helps...
How does the divorce rate in Texas compare to other states?
Sometimes, people who decide to end their marriage worry about the stigma surrounding divorce. For example, they may have concerns that others will look down on them because their marriage did not work out. In some instances, one's relatives pressure them to stay in a...
Charting the course to financial recovery after divorce
Divorce signifies a significant turning point in an individual's life. It marks an end and a beginning - the termination of a shared life and the dawn of a journey toward individual independence. One of the most daunting aspects of this journey often centers around...
Protecting your retirement during divorce
Divorce is messy. It takes a toll on you emotionally whether you want the divorce or not. However, your emotions are not the only things impacted by divorce. Divorce can affect your finances well into your future, especially your retirement plans. These are strategies...
How a divorce could impact an estate plan
A divorce in Texas often has many moving parts and might require the division of assets, child custody and other legal matters. Some of these concerns become a priority as you deal with pressing issues that call for timely resolution. Though perhaps not as...