The Law of Diminishing Returns

Aug 31 2018 - Posted by , in Assets, Divorce, Financial Challenges, Property Division

The Law of Diminishing Returns

One of the worst financial decisions in a divorce is to spend more on attorney’s fees than your divorce is “worth”; similar to paying $5,000.00 to fix an engine on your used car worth $3,000.00. The law of diminishing returns refers to a point at which the level of profits or benefits gained is less than the amount of money or energy invested. While the law of diminishing returns may seem black and white, with …

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Former NFL star’s Dallas home at center of high asset divorce

Aug 13 2018 - Posted by , in Child Support & Spousal Support, Divorce

The divorce legal issues of high-earning individuals are notoriously complex; for those who hold multiple properties they can be especially tough to navigate. Former NFL star and pro athlete Deion Sanders is still weaving his way through a high asset divorce with his ex-wife. At the conclusion of a high asset divorce settlement, as Sanders has discovered, there are severe consequences that come with not properly following a judge’s orders. As part of his divorce, Sanders had …

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Dogs in Divorce (and other furry friends too)

Jul 13 2018 - Posted by , in Divorce

Dogs in Divorce (and other furry friends too)

Dogs and cats are more than just “pets” to many people. Many consider their 4-legged friends to be family members. You do not need to look far to find a dog or cat with their very own social media page, and yes, you should follow them. Who doesn’t love adorable pictures of animals to brighten each day? So, what happens to the beloved dog or cat when his or her humans separate or divorce? Custody …

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Contemplating divorce? Post-reform taxes deserve consideration

Jul 5 2018 - Posted by , in Divorce

When making a major decision, it’s a bad idea to do it under pressure. That goes for making major purchases in your life, or ending relationships with significant others. You face decisions about your past and your future, and in some instances the future of children. Financial aspects of the dissolution may seem the driest of issues to wade through because of the accounting involved, but they are also among the most important because of …

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Top 3 Questions In All Family Law Cases

Jun 22 2018 - Posted by , in Divorce

Top 3 Questions In All Family Law Cases

Before you embark on any life changing event, you most likely want to know a few very important details… How much will it cost? How long will it take? Will I be successful and “win”? These three questions are usually the first considered when being faced with the possibility of a divorce or a child custody suit.  How much will this cost? Good question. Some “divorce mills”, for lack of a better term, charge a …

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Don’t Drink & Post And Other Useful Common Sense

Jun 8 2018 - Posted by , in Divorce

Don’t Drink & Post And Other Useful Common Sense

Summer is upon us and you know what that means… your social media news feed is likely filled with pictures of graduations, vacation adventures, and cocktails on the beach. What you probably do not want to see it filled with is angry ex-spouses, mad moms, and relationship drama that doesn’t belong in the public eye. We have all been there. We have all been guilty at one point of over-sharing on social media not considering …

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‘Internet of things’ may simplify life, but it can complicate divorce

May 24 2018 - Posted by , in Divorce

The internet of things: have you heard of it? Maybe you only know the acronym – IoT. According to proponents, this is the promise of personal empowerment through internet-linked technology. Specifically, IoT represents how, by using network-connected smart devices and our smartphones, we can: secure the front door without using a key; generate a grocery list based on what the refrigerator sees on its shelves; or even install a doorbell with a camera that monitors …

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Does gray divorce carry a gender bias?

May 4 2018 - Posted by , in General

That older couples are divorcing at a higher rate than in the past is clear. We’ve written about this on occasion over the past few years, most recently in February. Data collected by Pew Research Center shows divorce rates doubled for couples 50 and over. If you narrow the age-range to those couples 65 and over, divorce rates have tripled. Experts offer a range of rationales for why. One is that divorce doesn’t carry the …

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Tops For Successfully Co-Parenting This Summer

Apr 26 2018 - Posted by , in Co-Parenting, Divorce

Tops For Successfully Co-Parenting This Summer

It can be difficult enough to agree on how to raise children when you are married. Trying to agree on parenting once your marriage or partnership has dissolved? A challenge to say the least. With summer right around the corner, you may be about to face some additional co-parenting challenges due to your summer possession schedule. Here are some tips to help the summer go smoothly with your family. Purchase a calendar – Maybe more …

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Skilled counsel keeps a high asset divorce under control

Apr 21 2018 - Posted by , in High Asset Divorce

On behalf of The Lincoln Law Firm, PLLC posted in High Asset Divorce on Wednesday, September 10, 2014. There is much at stake in any divorce, but a high asset divorce is a financially-complex situation that can easily veer out-of-control. Residents of Houston have likely seen the countless headlines spawned by the types of splits that affect celebrities, businesspersons and the like: disputed, heated and sometimes dragging-on forever. In a high asset divorce, it’s especially important to secure trusted counsel from …

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