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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Premarital Agreements – What You Should Know v. What You May Think

Apr 16 2018 - Posted by , in Postnuptial Agreement, Prenuptial Agreement, Separate Property

Premarital Agreements – What You Should Know v. What You May Think

Premarital agreements tend to carry the stigma of a marriage doomed to fail, but that is simply not the case. Premarital agreements aren’t just for the rich & famous or for those who don’t have faith in their marriage lasting. Premarital agreements are useful for blended families, second marriages, business owners, first-time marriages or marriages later in life. Another similar option is a postmarital agreement. Marital agreements are not one-size-fits all (so please don’t try …

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What are common co-parenting challenges?

Apr 6 2018 - Posted by , in Co-Parenting

What are common co-parenting challenges?

Parenting can be an enigmatic endeavor. Not long ago, a major national magazine framed the issue clearly. According to general research findings cited in the article, few parents regret having been parents and many single adults regret never having had children. At the same time, however, parenting doesn’t necessarily elicit joy. Many respondents said they don’t like the job. Further, research indicated mothers experience less happiness than fathers, and single parents are even more unhappy. Now, add …

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‘Do’ and ‘Not Do’ tips regarding retirement assets in divorce

Mar 27 2018 - Posted by , in Divorce

The dissolution of a marriage is rarely simple. Legally, ending an average Texas marriage might be easier when the couple is younger. However, because assets accumulate over the course of a union, the process tends to become more complicated if the couple is older. Valuation of real assets, such as homes, requires skill. There are issues of how to divide marital debts to consider. Also, there can be questions of retirement savings. In the past …

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Investing In Your Future After Divorce Starts Before You File

Mar 27 2018 - Posted by , in Divorce, Financial Challenges

When most people think of life events which can negatively impact one’s financial future, the first to come to mind may be a disability, death of a spouse, change of employment, or a medical emergency. Many do not consider divorce, which can have the most significant impact on your financial future. Divorce will impact your financial situation now and for many years to come. So where do you start when your financial stability is at …

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What are some baseline provisions of a Texas co-parenting plan?

Mar 12 2018 - Posted by , in Co-Parenting

Language is dynamic. Once common terms and phrases get replaced by new ones as times change. What was once alimony is now commonly referred to as spousal support. Where children are concerned, what used to be called custody and visitation is often referred to as parenting plans. Not surprisingly, parenting plans today vary according to your family’s unique circumstances. From a legal perspective, nearly any arrangement is possible if both parents agree to it and if …

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Common Divorce Mistakes With Simple Solutions

Mar 9 2018 - Posted by , in Divorce

Common Divorce Mistakes With Simple Solutions

Most people learn from experience. Whether it is riding a bike, golfing, cooking, or playing guitar, you usually aren’t an expert on your first try. Learning and being successful usually require practice and gaining experience. So how are you expected to be successful navigating through a divorce, likely something you have neither practiced nor have experience with? The best place to start – find someone who does possess the experience and knowledge to guide you …

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The reality of age creep in divorce

Feb 27 2018 - Posted by , in Divorce

For the late, great David Bowie, Golden Years seemed to reflect budding youth. At least that’s the sense of the lyrics he wrote for his hit song by that title. A more traditional interpretation of golden years is that period of retirement – a time to slow down and enjoy life. Happily married couples likely look forward to these years, anticipating doing the things they always talked about, but never did because work, children – …

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The Fears Before, During, & Following Your Divorce

Feb 23 2018 - Posted by , in Assets, Divorce, Parenting & Custody Agreements

Often divorce is not just cut and dry. Between dividing up assets & debts and raising children between two households, we are still humans with human emotions. It is normal to fear divorce along with the uncertainty of your future. These fears are normal. Where will you live? How will you pay your bills? How will you tell the kids and your friends and family? Will you be alone forever? Are you making the right …

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SCOTUS looks at insurance benefits in divorce

Dec 11 2017 - Posted by , in Divorce

Divorce is the legal process by which a marriage contract is dissolved. Anyone who has been through the process knows that it can tend to get complicated. The older a divorcing couple happens to be, the more intertwined their assets are. That can require finding solutions for dividing property that require zigging and zagging through assets to achieve an equitable balance. If some individual asset happens to fall through a crack, it can trigger disputes later that …

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