Some people like to take action and initiate real change. So it stands to reason that some want their spouse to leave once it's clear that the marriage is broken and they should file for divorce. If the couple has a fiery or confrontational relationship, this seems...
Divorce
Kelly Clarkson’s prenup holds up in court
The contract's validity is a common issue when couples with a prenuptial/premarital agreement choose to divorce. Sometimes judges will rule that all or parts of the agreement are unfair and invalid, while at other times, they rule that they are valid. The latter was...
Common mistakes made by newly separated coparents
Divorce or separation is a time of great upheaval for everyone in the family. Divorce agreements, parenting plans and other legal agreements will provide a legal template for the parents regarding visitation schedules, financial responsibility, decision-making...
Can individuals challenge the community property presumption?
Texas is one of a handful of community property states. In simple terms, property accrued by each spouse during the marriage is rebuttably presumed to be community property that is subject to a "fair and just" division by the Court if the couple divorces. Property...
The Gates’ divorce starts with a separation agreement
Bill and Melinda Gates announced earlier this month that they were finally getting divorced after 27 years of marriage. Melinda filed in Washington State, citing that the marriage was irretrievably broken. The fourth richest man in the world and his wife are worth an...
Opinion on divorce trends vary
Marriages can be difficult during normal times, but the last year-plus has made it particularly difficult for some people. The increased time spent at home or out of work have led some to experience elevated financial stress, boredom, disagreements about parenting or...
Does a spouse get part of a business started before the marriage?
Dividing assets is often one of the most complicated parts of a divorce. Texas divorce laws call for couples to divide community (marital) assets during a divorce. Community assets are accrued after the marriage and generally divided equally if there is no fault in...
Texas tops list of destinations for newly divorced women
Divorce is a time of transition and change. If a newly divorced spouse does not have custody issues or a job keeping them in the same area, some find that a change to fresh surroundings is part of their new life. At least, this is likely part of the mindset of an...
Dividing assets may require reimbursement claims
One of the most significant issues in any divorce involves the division of assets. Here in Texas, property or assets are categorized as community property (jointly owned by spouses) or as separate property (individually owned). Unless the couple has a prenuptial or...
3 financial priorities when preparing for divorce
Couples in upper-income tax brackets may live comfortably, but they soon realize there is less to go around when the family’s earnings go towards two residences. Moreover, there are other financial concerns about their post-divorce future, perhaps involving retirement...