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Posts tagged "Divorce"

Social media could be invaluable during a divorce

Social media activity has been known to result in complications when Texas couples get divorced. One spouse may attempt to use their ex's posts or photos against them to get custody, spousal support or additional property. However, when used responsibly, social media could benefit someone while they go through the divorce process.

How divorce impacts business assets

When business owners in Texas get divorced, they may be putting the future of their companies at risk. This is because a spouse may obtain a portion of the company or its assets as part of a final divorce settlement. If a company has multiple owners, everyone's future could be influenced by the outcome of a divorce even if they aren't directly involved in it. One way to avoid a potential disaster is to have a buy-sell agreement.

Planning for the future after divorce

People going through divorce in Texas may struggle with difficult times. The emotional, practical and financial consequences of the end of a marriage can lead to depression, uncertainty and isolation. Even though divorce is almost always a challenge, there are a number of steps that people can take in order to help themselves move forward and get through a difficult time. The period after divorce offers a chance for a fresh start, and that new beginning can be hopeful and positive for many people.

Study find happier newlyweds less likely to divorce

When Texas couples consider ending their marriage, they often wind up struggling over issues related to money. Whether they're dealing with retirement funds, the family home or ongoing support, issues over asset division can be some of the most significant in any divorce. After all, the financial effects of a divorce can linger on long after the personal and emotional issues have been resolved years before. Because of the importance of these issues, many people think that finances are a major cause of marital unhappiness and stress. While this may be the case for some people, one study found that other issues were more indicative of future problems,.

People should avoid assumptions about will happen during divorce

Not every marriage in Texas stands the test of time. Spouses can grow apart and choose to live separate lives. Family law directs the terms of a divorce, but each divorce represents a unique transaction. People should not assume that their child custody arrangement, alimony agreement or division of property will mirror those of other people.

Financial impact of gray divorces

In Texas, an increasing number of seniors are choosing to get divorced. Divorces after age 50 are called gray divorces, and they have more than doubled since 1990. These gray divorces can present unique challenges for older adults. Since they are closer to retirement and have potentially amassed substantial assets during marriage, the property division process can be more difficult.

Prenups can help couples avoid financial stresses

Many of the stresses associated with divorce in Texas have to do with the finances of the parties during divorce and thereafter, when they are living separately. A clear and accurate prenuptial agreement can reduce the costs of divorce and help the parties prepare, reducing that stress. A problem is people tend to think of prenups as only useful or necessary in cases involving wealthy or celebrity individuals. Prenups are perhaps even more valuable for people who don't have a lot of extra money.

Wedding date could predict divorce risk, study says

Couples in Texas who are getting married might want to make sure they are focused more on the marriage itself than the wedding. A study conducted by researchers at the University of Melbourne found that people who got married on certain special dates might be more likely to divorce.

How a Texas woman can prepare for a divorce

Texas women who are considering divorce should be aware of some important documents they will need to have on hand. Divorce is burdensome for all involved, but it can be especially difficult for wives. Unfortunately, women are often in the dark about household finances, legal assets and investments.

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