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Posts tagged "Divorce"

The major impacts of financial habits in divorce and marriage

Many things can impact how life after divorce improves for a person here in Texas. This includes finance-related habits. For one, habits related to spending, budgeting, debt and other financial matters after the divorce is finalized could have major implications regarding how realistic post-divorce financial goals turn out to be.

Business owners and divorce

Most business owners know that, when it comes to running a business, having the right team can make a huge difference. What quality of team a business owner has around them can have big impacts as their business navigates the various challenges and issues that may arise in the ordinary course of business.

Having the right documents important when preparing for a divorce

A person has much to think about when considering finally ending their marriage. In this often stressful and emotion-filled time, it can be important for a person to not forget about document issues. Having the right documents can be critical when one is getting ready for a divorce.

Men face unique challenges during divorce

Couples in the state of Texas going through a separation can experience a myriad of stresses and emotions. Divorce impacts men and women very differently. What becomes a stressful experience for women may not necessarily be as stressful to men, and vice versa. When a marriage is ending, women are often thought of as needing more support than men. However, men also face a myriad of unique challenges during divorce proceedings.

Things to know about late-life divorce

The end of any marriage can be a very emotional and taxing experience. However, older couples who are contemplating divorce can experience a myriad of unique and special challenges. Divorce rates among couples who are senior citizens are on the rise in the state of Texas and across the country. Those who are going through such a proceeding can stay secure and happy through their golden years by gaining an understanding of their options and the common issues that go along with divorce later in life.

High-profile couple's divorce details rocky relationship

The end of a marriage is a very stressful and emotional thing to experience. When two people enter into marriage in the state of Texas, certain agreements are made. Over time, people change. As people change, the marriage has to adapt or it may be doomed to fail. Recently, a high-profile couple made headlines when they filed for divorce, citing irreconcilable differences.

How will divorce affect my family business?

The end of a marriage can be a significantly difficult period in your life. If you and your spouse have a considerable amount of assets, the process can often be extremely complex and daunting. If you own a business together, it may account for a great deal of your wealth, and can often be difficult to divide. You may find that there are various important aspects to consider before proceeding into the divorce process in order to secure the future of your family business.

If a car is a gift, is it still marital property?

Since you've begun preparing for your divorce in Texas, you've likely already learned that you live in a community property state. Not all states regulate marital property in this way. Essentially, it means that all income, property or assets you and your spouse acquired after marriage are subject to equal division between the two of you when your divorce is finalized. Sometimes, this can create complications involving such things as vehicles, boats, art collections and more.

Divorce and the family home

Dividing the physical and financial assets of a marriage may require agreements on many items. The division of such things as vehicles, securities, valuable collectibles, retirement benefits, and household items may have to be decided. In many cases, the family home is the most valuable asset that the couple has, so its disposition can become difficult to agree upon during a divorce. Couples in Texas have two options available to them in regard to their home when divorcing.

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