Feb 27 2018 - Posted by On Behalf of the Lincoln Law Firm, PPLC, 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 – …
Share This Learn MoreFeb 23 2018 - Posted by Chris Lincoln of The Lincoln Law Firm, PLLC, 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 …
Share This Learn MoreDec 11 2017 - Posted by Chris Lincoln of The Lincoln Law Firm, PLLC, 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 …
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 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 MoreMay 7 2015 - Posted by On Behalf of the Lincoln Law Firm, PPLC, in Prenuptial Agreement, Property Division
Newly engaged couples in Houston are usually giddy with excitement over their upcoming marriage. Along with planning the ceremony, reception, what everyone’s going to wear, and where the honeymoon will be, couples should also sit down and focus on financial matters. Financial discord is one of the top reasons couples get divorced, so sorting out important matters before marriage can help. A prenuptial agreement is one way that couples can settle important financial details and ensure a …
Share This Learn MoreDec 17 2014 - Posted by On Behalf of the Lincoln Law Firm, PPLC, 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 …
Share This Learn MoreNov 28 2014 - Posted by On Behalf of the Lincoln Law Firm, PPLC, 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 …
Share This Learn MoreSep 25 2014 - Posted by On Behalf of the Lincoln Law Firm, PPLC, 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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