Finances are critical during a divorce

Jan 2 2017 - Posted by , in High Asset Divorce

Houston couples that are going through dissolution know how emotional and stressful this time can be. There are many decisions that need to be made and many of them are financial in nature. In order for a person to wind up in a good spot financially after the divorce is finalized, there are some tips they should keep in mind. One of the first things to do while preparing for a divorce is to separate finances as …

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Electronic data and divorce

Dec 29 2016 - Posted by , in High Asset Divorce

When a Houston couple goes through a divorce, there are many things that need to be split. These can include property, assets, bank accounts, retirement accounts and other important assets and liabilities. What about posts made on twitter, emails and Facebook? What can happen to them in the event of a divorce? Many times during a divorce a person’s electronic records are researched and scrutinized. These electronic records may be used in divorce negotiations. If a …

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How is spousal support determined in Texas?

Dec 22 2016 - Posted by , in High Asset Divorce

One major dispute that some couples in Texas who are divorcing face is how much spousal support will be paid by one party to the other. This can be especially complex if one of the parties has significant assets. When it comes to spousal support, the court will decide how much support to award, how long the support will last and when the payments are to be made. There are certain factors that the court …

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Divorce rate doubles for those aged 50 and older

Dec 7 2016 - Posted by , in High Asset Divorce

Many people think of divorce as something that primarily affects younger couples, or those in early middle age. However, recent years have shown a big increase in divorces that occur later in life. Over the past 20 years, the divorce rate has doubled for individuals aged 50 and older, and these so-called gray divorces now make up one in four of all divorces. While many of the divorce legal issues may be the same whether …

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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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Three things you can do to protect your money during a divorce

Nov 4 2016 - Posted by , in High Asset Divorce

When a Houston couple is considering a divorce, it is an especially emotional and stressful time. There is so much that needs to be done but it can be hard to even think straight. One of the most important things that happens during a divorce is regarding finances. There are a few things a person can do to protect their money during a divorce. There will be life after a divorce, so taking a few …

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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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Divorce among the older population

Jul 22 2016 - Posted by , in High Asset Divorce

When a couple gets married, the last thing on their mind is divorce. No Houston couple expects their marriage will end in divorce, but for many couples this will be the reality. A divorce can happen at any time during the marriage, but for those who are facing a divorce later in their lives, it can be difficult. The divorce rate among all couples may be on the decline, from a peak in the 1970s and …

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Not having a prenuptial agreement can be a mistake

Jul 8 2016 - Posted by , in High Asset Divorce

Newly engaged Houston couples are full of joyful anticipation of their upcoming nuptials. Couples may spend several months and thousands of dollars planning this joyous occasion. Dress shopping, flowers, cake, venue selection and many other details can occupy a couple’s life. Although not nearly as romantic as selecting ceremony music, a prenuptial agreement may also be a very important item to plan in the event of a future divorce. There are many reasons why a prenuptial …

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Social Security benefits and divorce

Jul 1 2016 - Posted by , in High Asset Divorce

A divorce is something that most people don’t assume is going to affect them. No one gets married with the assumption that their marriage is going to end in divorce. But for many Houston couples, a divorce is something that will affect them both emotionally and financially. When a couple believes that their marriage has ended, they can feel extremely sad, stressed and anxious about their future. At a certain age, a person knows they will be …

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