Sometimes, spouses may come to the realization that their marriage is not going to last. At that point, they must grapple with many issues and decisions. If you are facing a divorce in Texas, an experienced family law attorney can help you understand what you are up against.
Regardless of the reasons, going through a divorce can be a highly emotional and energy draining process. The time between making the decision to divorce and obtaining a final divorce decree can be long, stressful and difficult, especially in cases involving significant amounts of assets.
While divorce is rarely easy, it is often made even more complicated when there are substantial amounts of assets or money involved. These complexities can lead to months, or even years of legal wrangling since one mistake can literally cost a person millions of dollars.
During a Texas divorce, who gets the house? The cars? The retirement accounts?
Have you heard about the pending high-profile divorce between celebrities Johnny Depp and Amber Heard? So far, their case has been full of high-conflict issues, including requests for alimony and accusations of domestic abuse. While every marriage - and every dissolution of marriage - is unique in its own way, their public battle sheds light on some of the concerns that entertainers and other high profile individuals may face when going through a divorce.
There are enough questions that accompany the divorce process. Where will I live? Will I receive spousal support payments? What will happen to our joint property? These are all common questions to have when going through a divorce. For some spouses, though, there is the extra burden of having to wonder if a spouse is attempting to hide assets.
While most people are familiar with the term "prenup" or prenuptial agreement, a "postnup" or postnuptial agreement is often lesser-known as a marital contract.
It's no secret that a stressful marriage can wear down its victims through a process of emotional attrition. Indeed, even good marriages take effort. But when the relationship is "difficult" to manage in addition to the stress of juggling responsibilities to jobs, kids, and debt, miserably-married people can feel overwhelmed and can become depressed.
When a Texas marriage ends, the parties' expenses will increase while income decreases from two incomes to one. This can naturally have a significant impact on the financial picture of each party after a divorce is finalized. If each is aware of all the financial changes that can occur, they both can be better prepared to negotiate for a fair and comprehensive settlement.
When business owners divorce, not only are they facing drastic changes in their personal lives, they are also facing major disruptions in their businesses. The time and energy required to finalize a divorce has a major impact on one's ability to run a company.