Aug 31 2017 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Divorce
There are numerous assets often brought up in a divorce. With over 80,000 divorces reported in Texas in 2012, there is a lot for the courts to sort through. That data comes from the Texas Department of State Health Services. During a divorce, the spouses may worry about who receives what property. This involves the house and the car, but for many couples divorcing in Texas, it also involves guns. It is possible for one person to …
Share This Learn MoreAug 31 2017 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Business Assets, Divorce, Property Division
If you own a family business and know divorce is in the near future, you might be wondering what is going to happen to the company. The personal challenges for your emotions and finances are already enough to cause inner turmoil, so what should you do about the business? The most important step to take is getting a business valuation. An accurate picture of the family business and its assets will make the property division process go …
Share This Learn MoreMar 1 2017 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Divorce
Most divorces result because one person, not both, decided that the relationship was over. This can cause feelings of consternation, anger, and confusion – a dangerous combination while you engage in the delicate task of untangling two lives. Divorces are always messy, but they become more complicated if they are not properly planned. This post will go over how to deal with an angry spouse during a divorce. You may wonder, why would anyone be angry during …
Share This Learn MoreJan 9 2017 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Divorce
Anybody who has gone through a divorce or separation can attest to the fact that it is a stressful situation, to say the least. It can be emotionally trying, physically draining and mentally exhausting to endure these conditions. According to the Huffington Post, research has revealed, however, that men may bear the brunt of it when it comes to a divorce’s impact on health. Here are a few of the ways it can have an effect on …
Share This Learn MoreDec 12 2016 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Divorce, Divorce Mediation
Many people anticipating a divorce go through a combination of relational and financial complications. Fortunately, by taking calculated steps to organizing finances, monetary concerns can be alleviated. Divorces can be expensive, especially with assets and children involved. Learn how to begin getting your finances figured out before the divorce proceeds. Organize your records Keeping detailed financial records will help you prioritize your expenses and prepare for the divorce. Writing down your expenses is a good start. …
Share This Learn MoreDec 1 2016 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Divorce, High Asset Divorce
For most Texas residents, health care is a critical issue. No one wants to go without health care coverage, and it can be very expensive to get it on your own. A person who is going through a divorce may need to know if they can stay on their ex-spouse’s health care plan as a spousal support benefit. When a marriage ends there are many changes to a person’s life, including living situations, financial arrangements and health …
Share This Learn MoreSep 2 2016 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Divorce, High Asset Divorce
Many Houston couples will come to learn the heartbreak and stress that a divorce can bring to their life this year. No one enters a marriage thinking it will end in divorce, but for many couples, this becomes reality. New research suggests that there are certain times of the year when a couple is most likely to get divorced. The study by a major university analyzed divorce filings in that school’s state over 14 years. It found …
Share This Learn MoreJan 29 2016 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Divorce
Any Houston couple who has gone through a divorce knows how emotional and traumatic the situation can be. During this time, it may be helpful keeping in mind that kindness can go a long way in a divorce situation. January is the busiest month for divorces in the United States. For many reasons people choose January as the month to end their marriage. A divorce is one of the worst things a person can go through and …
Share This Learn MoreJan 15 2016 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Divorce, High Asset Divorce
When a Texas couple gets married the last thing on their mind is a divorce. But a large percentage couples will go through a divorce. In Texas there are several grounds for fault for a divorce. When a person decides to file for divorce they need to list a reason. There are 7 grounds for fault in a divorce in Texas. The first is insupportability which means irreconcilable differences. This is the only fault that doesn’t …
Share This Learn MoreOct 16 2015 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Divorce, High Asset Divorce
Many Houston residents will receive an inheritance from a family member at some point in their lives. Sometimes these inheritances can be small and sometimes they can be in the millions of dollars. A person who receives an inheritance and later goes through a divorce with their spouse may be interested in knowing what will happen to that inheritance after a divorce. Although Texas is a community property state, not all assets are divided equally. An inheritance …
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