What is a Qualified Domestic Relations Order in Texas?

Aug 11 2016 - Posted by , in Property Division

When a Houston couple is going through a divorce, one of the most contested areas to work out is property division. Property division can be difficult and complicated to navigate. Along with assets such as the family home, retirement benefits can also be large and a very important benefit to be divided. Although retirement benefits may not be the first thing that comes to mind when sorting out property division in a divorce, they often can be …

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Dividing property in Texas, a community property state

Aug 4 2016 - Posted by , in Property Division

When a Texas couple decides to divorce, it can be an emotional and trying time. Property division is one of the most important and contentious topics that couples need to work out. But how does property division work in Texas, a community property state? Many people think that because Texas is a community property state, the marital property is equally divided between the spouses. In reality, property is divided based on a manner that is “just and …

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Divorce among the older population

Jul 22 2016 - Posted by , in High Asset Divorce

When a couple gets married, the last thing on their mind is divorce. No Houston couple expects their marriage will end in divorce, but for many couples this will be the reality. A divorce can happen at any time during the marriage, but for those who are facing a divorce later in their lives, it can be difficult. The divorce rate among all couples may be on the decline, from a peak in the 1970s and …

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How does a divorce mediation work?

Jul 15 2016 - Posted by , in Divorce Mediation

When a Houston couple decides that their marriage is over, it can be an extremely emotional time. The emotional stress and complexities of a divorce can bring hardship to a person. A divorce that goes through a divorce mediation instead of a litigated divorce can be a good alternative for many families. Many couples choose mediation instead of a litigated divorce and there are good reasons why. Mediation allows for the couple to have much more control …

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Not having a prenuptial agreement can be a mistake

Jul 8 2016 - Posted by , in High Asset Divorce

Newly engaged Houston couples are full of joyful anticipation of their upcoming nuptials. Couples may spend several months and thousands of dollars planning this joyous occasion. Dress shopping, flowers, cake, venue selection and many other details can occupy a couple’s life. Although not nearly as romantic as selecting ceremony music, a prenuptial agreement may also be a very important item to plan in the event of a future divorce. There are many reasons why a prenuptial …

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Social Security benefits and divorce

Jul 1 2016 - Posted by , in High Asset Divorce

A divorce is something that most people don’t assume is going to affect them. No one gets married with the assumption that their marriage is going to end in divorce. But for many Houston couples, a divorce is something that will affect them both emotionally and financially. When a couple believes that their marriage has ended, they can feel extremely sad, stressed and anxious about their future. At a certain age, a person knows they will be …

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Are there ways to simplify a divorce?

Jun 10 2016 - Posted by , in Property Division

Houston couples who feel their relationship is heading for a divorce may feel overwhelmed. A divorce can be a complicated and emotional time. There may be ways to simplify a divorce which can help make the situation a little less difficult. One simplifying move a person can make is to open a bank account in their own name. This can help ensure that a person has their own money to get through the divorce in case the …

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Divorce expenses to consider

May 5 2016 - Posted by , in High Asset Divorce

When a Houston area resident is going through a divorce,it can be hard to look past the emotions and consider the financial aspects as well. A divorce is an extremely emotional time and it can be difficult to make any financial decisions at that time. There are some things a person should consider during the divorce process. First, property values are extremely important in a divorce settlement. Property division is one of the major contentious issues …

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Divorce mediation can be beneficial for both partners

Apr 28 2016 - Posted by , in Divorce Mediation

When a Houston couple believes their marriage is heading for divorce emotions can be at an all-time high. A divorce is often costly and traumatic for both partners. For some, it may make sense to pursue alternative options to traditional divorce, such as divorce mediation. Instead of hiring an aggressive attorney who will threaten their former spouse, file numerous court orders and turn the divorce into an emotional and financial pit, there are a few alternatives …

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Credit cards and divorce

Apr 22 2016 - Posted by , in Property Division

Houston area residents who are going through a divorce know how traumatic and emotional of a time this time can be. A divorce introduces couples to the concept of property division. Property division includes both assets and debt that the couple has accumulated. Almost every couple has credit cards in both their own names and as a joint account. In a divorce situation these can add complications. Credit cards can be held individually or jointly. Because …

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