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Houston Divorce Law Blog

Division of property starts with understanding a state's system

When a couple divorces in the state of Texas, emotional flare-ups can overshadow more seemingly mundane concerns, such as finances. However, as a couple proceeds through the divorce process, attention eventually turns to the distribution of the marital estate. Understanding property division is a task best left to professionals, though, especially in a community property state like Texas.

Despite popular misconception, a community property state does not consider every single one of a couple's assets to be community property. In addition, the Texas legal system does not simply divide assets down the middle during divorce, nor does it automatically allocate half of all assets to each party. A community property state does recognize separate property, or property owned by an individual before he or she entered into marriage. During the course of a marriage, however, some separate property may be sold, and those proceeds might be used to acquire new assets. In this type of situation, it often takes a legal expert to determine the status of the new property.

Divorce mediation can ease worries of divorcing moms

With May being the month in which mothers are celebrated in the U.S., it is important to remember that many mothers carry extra responsibilities these days. One such additional burden is divorce and all the issues that accompany the re-forming of a family unit. In Texas, however, moms seeking a fresh start have several options available, from a litigated divorce that goes to court to divorce mediation that limits court involvement.

Some of the most frequent concerns of divorcing mothers center on custody, spousal support, and child support. In Texas, child support is calculated using a basic formula that offers room for additional factors. For example, 1 child in Texas translates to 20 percent of post-tax dollars. However, an additional child does not double that figure; rather, it brings the amount up to 25 percent of net resources. If a parent is already paying child support for other children, however, these figures may be lower. Child support can be negotiated via mediation in Texas, provided both parents are committed to a win-win solution that both agree on.

Prenups can express wishes relating to furry, feathered concerns

Many people assume the process of divorce can be divided into two distinct areas: the emotional concerns of child custody and visitation, and the more administrative issues such as property division. However, in Texas as well as other states, deciding who gets what can be quite emotionally-charged as well.

Take, for instance, the issue of the family pet. Many Americans consider pets a part of the family, and letting another person take their cherished animal can prove devastating. In some divorces, a couple will come to an agreement on their own regarding who gets the dog, cat, or other furry friend. Some couples might concur that the pet is better-off with one person or the other, while some former partners may arrange informal visits. Sometimes, though, bitter disputes can erupt over the animal's post-divorce ownership if no prenuptial agreement addresses the topic.

Social media spews rumors in high asset divorce cases

When any couple endures a less-than-ideal spot in their marriage, rumors can start to swirl about the status of their union. High-asset or high-profile couples in particular can find themselves fending-off unwanted conjecture regarding their marital status. While celebrities have dealt with this issue for years, thanks to social media, non-famous people in a high asset divorce can also encounter a damaging rumor mill. The extent of that damage, however, can depend on each spouses' own online behavior.

In general, high asset divorces have more eyes on them, so to speak, than other types of divorces. More money is at stake, and the spouses can hail from prominent local social circles. In Texas, with its multiple big cities and entrepreneurial families, the chances of a high-profile couple making divorce-related headlines are high. The problem with being observed, however, is how to handle it: should spouses refute rumors themselves, acknowledge any that are true, or just ignore them?

Workplace grind takes toll on family life and family law

Even in Texas, where the economy hasn't taken as harsh a toll as it has in other states, families have to contend with a host of tough issues. Finding secure jobs, earning the income to support a middle-class lifestyle, paying for children's education, and countless other worries plague families every day in the Lone Star State. Recent findings from a professor at MIT, who studied family issues in the Rio Grande Valley in Texas, point to continuing family strife as a result of the recession.

In that portion of Texas, new jobs have materialized, but many of them are low-wage and don't offer long-term stability. Those who are employed must frequently work longer hours and under harsher conditions than they have in the past, and the ongoing fear of losing one's job adds to the heavy stress load. All this frustration can spill-over into workers' family lives, and divorce can be an unsurprising result. Fortunately, Texans hit hard by the economy can utilize collaborative law to avoid court during times of discord.

Filing for divorce online best for those with few assets

Residents of the greater Houston area can do just about anything online these days: pay bills, support charitable causes, fall in love, and now, get divorced. Less than a year ago, the Texas Supreme Court allowed spouses in the state to complete some basic divorce forms via the internet. This alternative was originally intended to help low-income residents or those with no children and few assets. However, some Texans are taking advantage of this increased accessibility to hide assets from their spouses.

In all marital breakups, but especially in cases of high asset divorce, assets are of paramount importance. Texas is a community property state, wherein property goes to each spouse in a manner described as "just and right." As might be expected, though, many divorces feature husbands and wives whose definitions of just and right vary considerably. Divorces requiring complex financial litigation, such as cases in which one or both parties owns a business, generally need extensive legal and financial oversight to ensure a fair distribution of assets. Unfortunately, filing for divorce online leaves little room for the guidance needed in such cases.

Tax concerns can crop up during property division

While annual tax filing is a regular, routine habit for most Houston area residents, changes in tax obligations can prove surprising following a divorce. Amidst all the hubbub of property division, there are plenty of tax-related considerations that divorcing couples can easily overlook while focusing on marital property, community property, and the like.

Unfortunately, the shaky U.S. economy doesn't seem to be helping clear matters up for splitting spouses. The divorce rate in America rose slightly from 2010 to 2011, with 877,000 couples filing for divorce in 2011 compared to 872,000 the previous year. During the worst years of the recession, however, the number of U.S. divorce filings actually dropped, according to the Centers for Disease Control and Prevention. Now that the economy has improved slightly from those years, more couples appear to be taking the initiative in starting-over.

Arbitrator confirms signatures on sports star's prenup

Signatures always carry tremendous importance when it comes to any sort of legally binding document. A prenuptial agreement, for instance, must be signed by both parties. However, those signatures must be provided voluntarily, without coercion, and with an understanding of the content of the document. The recent divorce trial of former pro football star Deion Sanders has swirled around this very issue, with attorneys on one side claiming part of a crucial prenuptial agreement involved forgery.

Sanders and his wife have been trying to finalize their divorce in Collin County, Texas, in a courtroom that has played host to recent arguments over the couple's prenup. Sanders claimed his wife signed a prenuptial agreement over a decade ago, but is now requesting a more financially lucrative deal. A lawyer for the wife alleged that the prenup was partially forged; the attorney also claimed the document was signed by the wife under some amount of pressure. In the fall of 2012, however, a judge overseeing the case ruled that the prenup was signed voluntarily by the wife, and therefore the contract was a valid one.

Expenses take center stage in high asset divorce case

A colorful divorce trial for a former Houston hand surgeon has continued to unfold in a Texas courtroom, as the man's fourth wife accuses him of overspending. Expenses often feature prominently in high asset divorce cases, and this one appears to be no different thus far. The man and his former spouse have locked horns in a divorce saga for over two years now, frequently making headlines for their money-related accusations.

Like many high-profile couples who split in the public eye, this pair has had to experience many of their financial details coming to light. The woman recently accused her former husband of lavish spending that he argued was necessary and appropriate for his position as a CEO. The expenses allegedly included hundreds of thousands of dollars' worth of jewelry for a girlfriend, $25,000 worth of airfare to Europe, and an $80,000 timepiece. The man claimed that these purchases corresponded with his behavior as an effective businessman.

Collaborative divorces can save both parties money

In every Texas divorce case, it is up to the individuals involved to decide what route to take during proceedings. Many couples benefit from a traditional divorce process, while many may already agree on important issues and thus seek an uncontested divorce. However, divorcing couples frequently need guidance on how to divorce as amicably as possible while tackling topics such as child support, spousal support, and property division.

The option of collaborative law is often an attractive one for these couples, but the benefits reach beyond the ability to avoid court. A collaborative divorce is also one that can save couples money in the midst of a still-uncertain economy. In litigated divorces, it is often up to a judge to make the final binding outcomes regarding visitation, child support payments, and asset division. However, when collaborative law is used, court costs can be cut since couples are not taking up a judge's time.

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Attorney Christine K. Lincoln

Christine K. Lincoln offers sound counsel and legal services to protect clients and their families facing divorce and other family disputes.

She will take the time to understand your individual needs and develop a comprehensive solution to protect your rights and interests.

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