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September 2013 Archives

The ACA and medical coverage for the divorced

Texas readers may be interested to know that approximately 115,000 women lose their private medical insurance due to divorce each year, according to a 2012 study by the University of Michigan. Many of these women are in their 50s or 60s, and many of them either don't work outside the home or have jobs that don't offer health insurance. While it is true that many spouses qualify for COBRA coverage under their ex-spouse's plan, it is expensive and generally limited to 36 months. Health insurance is one of the many factors that make what is known as a "gray divorce" so difficult.

When can money be withdrawn from joint accounts during divorce?

Texas couples who have ever thought about bringing a marriage to an end may be aware that a lot of financial issues must be worked out during the process. One such problem has been addressed in a recent online financial advice article: the payment of bills during the divorce procedure. Part of the divorce scenario involves one spouse planning how he or she is going to afford to pay the bills until a divorce settlement comes to its conclusion. Many times, that is no easy task; this can be especially true for the spouse with the lower income. The same may also apply to the one with less control of or access to the family's finances.

Divorce and social media: Tips to keep them separate

Social media has entered into the everyday world of nearly every person in Texas. Unfortunately, what can be an extraordinary convenience in day-to-day life can become a serious source of trouble and distress during a potentially contentious process like a divorce. Anything that is posted or said on a social media site can be discovered and misinterpreted easily, so it is important to avoid social media use that inflames the proceedings or paints yourself in a bad light, says an authority on the subject.

Basketball star Allen Iverson in child support dispute

Basketball player Allen Iverson remains in a child support dispute with his ex-wife as of August. The 38-year-old had previously played as a point guard with the Philadelphia 76ers from 1996 to 2006, and from 2009 to 2010. Iverson's ex-wife has allegedly been seeking child support since their divorce in February.

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5601 Granite Parkway, Suite 350
Plano, TX 75024

Phone: 972-590-6572
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