Health plans and a divorce

Dec 1 2016 - Posted by , 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 …

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Research shows specific times of the year when divorce increases

Sep 2 2016 - Posted by , 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 …

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Kindness can go a long way during a divorce

Jan 29 2016 - Posted by , 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 …

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Texas grounds for fault in a divorce

Jan 15 2016 - Posted by , 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 …

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Who gets to keep the inheritance in a divorce?

Oct 16 2015 - Posted by , 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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Common mistakes people make during a divorce

Jul 24 2015 - Posted by , in Divorce, Property Division

Many Houston residents will go through a divorce in their lifetime. Although some married couples think their marriage will last forever, in many cases a divorce becomes all but inevitable. Of course, the end of a marriage is often a highly emotional period, and in this atmosphere one can easily make mistakes that will make matters worse later on. It is important to keep in mind some common mistakes people make during the divorce process. One legal …

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Divorced parents can navigate holiday spending cooperatively

Dec 17 2014 - Posted by , in Divorce

One of the most common sources of conflict around the holidays is spending – either one parent accuses the other of overspending, or one claims the other isn’t spending enough on the children. Parents are often coping with their own financial challenges as well during this often stressful time. Fortunately, there are ways divorced parents can work together during the holidays to let their children enjoy the season without excessive stress, discord or guilt. One …

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High asset divorce: Community property and equitable division

Nov 28 2014 - Posted by , in Divorce

Both local and national news headlines have recently highlighted the story of billionaire Harold Hamm, the chief executive of Continental Resources who recently went through a much-publicized divorce trial. Like many of Houston’s financially well-off residents, Hamm made his fortune in the energy sector. At issue in the divorce was whether Hamm’s ex-wife played a crucial role in helping him build that fortune and, if so, to how much of it she was entitled after …

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What legal issues can be covered during divorce mediation?

Sep 25 2014 - Posted by , in Child Support & Spousal Support, Custody, Divorce

For any Houston-area family to successfully reshape itself after divorce, countless issues must be resolved during the divorce itself. A family can’t move on until subjects such as child custody, property division and child support have been properly decided. Even seemingly minor topics, such as the ways in which children spend the holidays with each parent after a split, can incite conflict later on if not addressed during the divorce proceedings. What many divorcing couples …

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Protecting assets may require online efforts

Jul 31 2014 - Posted by , in Divorce, Property Division

Few would argue that the modern era isn’t heavily saturated with the influence of technology. From computers to smartphones to everything in between, Texans store an incredible amount of personal information in these ubiquitous devices. What some individuals may not realize is the importance of properly attending to these technologies during divorce. While protecting assets has never been easy, accomplishing that task nowadays can take a bit more effort. Recently, a study from McAfee revealed that important …

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