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July 2013 Archives

Amicable Divorce, Is It Possible

When people decide to part their ways, the process is typically smooth or bumpy depending on the approach taken by both parties. The divorce often leads to complex asset division and disputes. It is important to keep the process civilized especially if the children are involved when the union ends.

Sheen seeks cessation of child support payments to Mueller

Texas residents who are interested in celebrity news may have spotted recent headlines about Charlie Sheen's July 10 request to a judge that he no longer pay child support to ex-wife Brooke Mueller. The couple's twins were removed from Mueller's home and placed with another of Sheen's ex-wives, Denise Richards, after Mueller reportedly had a drug relapse and went to rehab, where she remains, according to sources.

A postnuptial agreement can make divorce proceedings go smoother

If a prenuptial agreement was never arranged, married couples in Texas who are on the edge of divorce can sign a postnuptial agreement instead. Similar to a prenup, a postnup covers how real estate and business assets are to be divided in the event of a divorce. Tricky issues such as extra-marital affairs and even limits to a partner's weight gain can also be covered in a legal postnup.

How to approach asset division

One of the biggest sources of concern for Texas residents who divorce is how their finances will be affected. In addition to having to rely on one income to pay for bills, people end up having to split up all marital property, including bank accounts, automobiles and investments. Over the course of a marriage, couples will often have accumulated a number of valuable assets, and these items will need to be given a value and divided during a divorce.

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