If you are considering the prospect of divorce in your later years, one big concern you might have is how a potential divorce may impact your retirement. After working your whole life to save and invest in your retirement, you need to know all of the implications that...
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What is fair when dividing community property in a Texas divorce?
In a community property state like Texas, marital debts and assets are supposed to be divided 50/50 – but is that always what happens? Not exactly. If you’re approaching a divorce in this state, there are a few things you need to understand about the process of...
The importance of a customized parenting plan that is right for your kids
No two families are the same. For parents who are getting a divorce, this is important to keep in mind. They will need to work to create a parenting plan for their children. It’s critical that this plan is customized so that it’s right for their kids, rather than...
What are the hidden costs of divorce?
It’s no secret that divorces are expensive. The median cost of a divorce in the United States is right around $7,000, although individual experiences can most definitely vary. Most of the time, people think of their “divorce costs” as what they have to pay in filing...
The importance of custody agreements during the divorce process
You may think that you could not feel more negatively toward your spouse in the future than you did at the moment when you decided to divorce. Most people don't understand the emotional intensity of divorce until they experience it themselves. Even those who are...
3 exceptions to the community property rule
Texas is a community property state. When a Lone Star State couple gets divorced, most of the assets the couple owns must be divided 50-50 between the spouses. However, there are exceptions you need to know about to protect your financial rights during property...
Why children need two involved parents after divorce
Possession of and access to the children can become a hotly contested issue in many divorces. Sometimes, one parent wants to deny the other parent an active role in their child’s life. While that’s not good for the affected parent, it can be even more devastating for...
How can you stay active in your children’s lives?
The spark is gone. Instead, the relationship you have with your spouse is wrought with tension, resentment and unhappiness. You both agree that divorce is the best way forward – but what about your children? As a parent, your children are the most important thing in...
5 assets to consider when dividing community property in Texas
When you’re going through a divorce in Texas City, Texas, one of the first things you have to do is figure out what assets get carved out as each party’s separate property – and what doesn’t. Since Texas is a community property state, each party in a divorce is...
How is community property divided in a Texas divorce?
Couples that divorce in Texas must either arrange their own property division settlement or prepare for litigation. In a litigated divorce, a Texas family law judge will use their understanding of state law and your family's situation to divide your property...