Divorcing later in life can be complicated as there are generally more assets to divide. As a community property state, Texas law assumes that all assets and debts need to be split evenly when a marriage comes to an end. Furthermore, a divorce may also have an impact...
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Divorce
How to cope with a mental illness during a divorce
Mental illness impacts millions of individuals and households each year in Texas and around the world. If you are someone who is struggling with a diagnosed or undiagnosed mental health issue while simultaneously experiencing a divorce, or if your ex-partner has been...
Addressing executive compensation during divorce proceedings
Financial considerations often arise when filing for divorce. Sometimes, one spouse earns significantly more than the other, so the post-divorce life for the other spouse may come with financial concerns. For those worried about receiving a fair distribution of assets...
How women are financially affected by a divorce
After a Texas divorce, women can face a variety of financial challenges that can complicate their transition into post-divorce life. However, there are ways that they can prepare and prevent some of these complications so they enjoy life after divorce without...
Focusing on children during a divorce
Many Texas marriages end in divorce each year. This legal process is stressful and emotional for everyone involved, especially children. As a couple ends their relationship, it is essential to prioritize their children's well-being. Ushering children through a divorce...
The pros and cons of getting a divorce
Although no Texas couple goes into their wedding thinking their marriage will ever end, many eventually will split. There are many reasons why things might come to an end. Whatever the case, if you are considering divorce, it’s crucial to weigh out the pros and cons....
Why women are more likely to seek a gray divorce
Texas couples marry while expecting their relationship to last forever. Unfortunately, circumstances can mean that’s not reality and they end up in divorce. In some cases, these are gray divorces; women are more likely to seek them. Gray divorce defined Gray divorce...
Avoid social media while going through a divorce
It’s all too tempting for Texas residents going through a divorce to take to social media to vent about their situation. However, doing that is a bad idea for many reasons. Anyone can see your posts Even with privacy settings in place, anyone can see your posts. As a...
Prenuptial agreements can offer peace of mind and protection
When you get married in Texas, a community property state, the assets and property you acquire during your marriage will be jointly owned by you and your spouse. If you want to legally separate property before getting married, using a prenuptial agreement (prenup) is...
Tips for splitting IRAs following a divorce
Divorce in Texas is difficult, and splitting retirement plans can add stress. It's important to know exactly what's required to ensure the process goes as smoothly as possible. Here are some tips to help you get started. Determine the amount that needs to be split...