Financial considerations during and after the divorce process

Jan 27 2017 - Posted by , in High Asset Divorce

There is no doubt that divorce impacts all affected parties emotionally, physically and financially. Unfortunately, because no two divorces are exactly alike, there is no “rule book” that spouses can follow in the wake of a decision to divorce in order to guarantee that they will emerge from the process emotionally, physically with financially stability. However, there are several considerations that individuals can contemplate and act upon in order to better ensure that their finances remain …

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The benefits of prenuptial agreements

Jan 25 2017 - Posted by , in Prenuptial Agreement

Prenuptial agreements have many different benefits, including the protection of assets but they have many other helpful advantages as well. In general, prenuptial agreements outline property rights before marriage. There are many misunderstandings associated with prenuptial agreements and their benefits so it is helpful to have a good idea of the ways they can help couples in a variety of different situations. Prenuptials agreements are useful for the protection of one party’s assets; for protection …

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Your divorce doesn’t have to get ugly

Jan 23 2017 - Posted by , in Alternative Dispute Resolution

If you are getting divorced or thinking about filing for divorce, you may think that you need to start arming yourself for battle. After all, most divorces we read about in the news or on social media seem to depict a painful, expensive and combative process. However, the truth is that you don’t have to go through contentious courtroom conflicts. With alternative dispute resolution methods like collaborative divorce and mediation, you can minimize the bitterness and …

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Top reasons why your prenup could be contested

Jan 23 2017 - Posted by , in Prenuptial Agreement

When two people divorce in Texas, one of the most contentious processes they go through is the division of assets. To make this process a little easier, many people choose to have a prenuptial agreement in place before they get married. This document allows soon-to-be spouses to set rules for distribution, spousal maintenance and other financial matters that can cause great turmoil in the event of a divorce. However, just because you have a prenup …

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New bill challenges no-fault grounds for divorce

Jan 21 2017 - Posted by , in High Asset Divorce

When a Houston couple decides to end its marriage the parties to the union may do so either based on fault grounds or through a no-fault divorce. Fault grounds, which include but are not limited to adultery, cruelty, conviction of a felony and abandonment, demonstrate that the actions of one of the parties led to the deterioration of the marital relationship. No-fault grounds, on the other hand, simply suggest that the couple wants to end …

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Child support delinquency punishable by stopping car registration

Jan 20 2017 - Posted by , in High Asset Divorce

In Texas, when a couple that has ended a marriage or relationship shares a child, in general there will be an order of child support from the noncustodial parent to the custodial parent. This is not done as a way of punishment, but to ensure that the child is cared for properly with all of his or her needs provided for. Unfortunately, there are times when the payments are not made on time or in …

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5 tax implications to consider during a divorce

Jan 19 2017 - Posted by , in High Asset Divorce

When people think about divorce, they often focus on the emotional toll it can take. As a result, financial and tax considerations might take a backseat to resolving these matters.  In many divorces, particularly those involving high-value assets, lack of proper focus on property division may lead to costly tax errors. It is vital for spouses to fully understand tax implications during a divorce, as seemingly minor decisions can lead to future complications. Below are …

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Understanding the requirements for collaborative law negotiations

Jan 14 2017 - Posted by , in Collaborative Law

Texans who are having marital difficulties, but are not interested nor willing to engage in a protracted conflict, might want to consider a collaborative process to iron out their differences and move forward. There are many reasons why a couple would want to take this course. There might be children as part of the marriage, so the parents may want to work together for the good of their offspring. It could be that the marriage …

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How divorce can affect a man’s health

Jan 9 2017 - Posted by , 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 …

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Understanding UIFSA for child support in Texas

Jan 8 2017 - Posted by , in High Asset Divorce

When a Texas couple divorces, there are times when one former spouse will move to another state. If this is the case and there is child support that must be paid, some people may be confused as to how this is handled under the law. This is where the Uniform Interstate Family Support Act (UIFSA) comes in. UIFSA was enacted for child support to be collected across state lines. Knowing how this works can help …

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