If you own a house, then one of two scenarios is most likely. Either you sell it and put the proceeds into the property division pot. Or one of you keeps it and the value is computed into the overall division equation. Yet in some cases, neither of those is the best...
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Divorce
What are some of the top reasons for divorce in 2024?
People get divorced for all sorts of reasons, and you often don’t need a reason at all. You don’t have to prove fault. You just have to claim you have irreconcilable differences and you want to dissolve the relationship. That said, you may find yourself wondering what...
Tips for telling the kids you’re getting a divorce
Eventually, you will need to tell the children that you’re going to get divorced. This can be a difficult step to take as a parent. But once you and your spouse have made the decision, the kids do need to be in the loop – even if you don’t need to give them all of the...
Watch your spouse’s spending after filing for divorce
Once you file for divorce, it’s important to keep an eye on any financial transactions. This includes your spouse’s spending habits. Long-term, of course, you’ll need to separate your financial accounts. You need to close down shared bank accounts and open up new...
Divorced couple’s frozen embryo battle reaches state’s high court
There’s been a lot of renewed discussion and debate lately across the country around when life begins. Although the strongest debates have been around abortion, the issue of in vitro fertilization (IVF) has also come under some renewed scrutiny. In fact, IVF was...
Are second marriages less likely to end in divorce?
Many people who get divorced will say that they made a mistake choosing their partner. This is often true with those who get married young. They may get divorced after just a few years, and they will acknowledge that they married the wrong person. With this...
The challenges specific to a gray divorce
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...
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...