Chances of Second Marriage Working Out Most statistics are clear; couples within Texas and around the country have about a 50% chance of making it through marriage. Those who end up going through a second marriage will tend to have only a 33% chance of making it. As...
Reasons Why You Shouldn’t Jump Into Marriage
It's unfortunate, but about half of all marriages in Texas end in divorce. While every couple thinks they're going to beat the odds, this isn't always the case. Some people rush into marriage without knowing much about their partner, while others get married because...
Divorce can have some positive financial outcomes
Texas residents who are planning to or in the midst of a divorce may be concerned with the hit their finances may take due. While it is true that for some people, divorce can result in financial complications, for others, there may be positive financial outcomes....
Community property and divorce asset division
When people in Texas decide to divorce, the financial consequences can be significant. Even after the emotional feelings about the end of the marriage have subsided and the practical matters are resolved, asset division can permanently change each partner's financial...
Businesses are community property in Texas divorces
If you own a business and think you are the sole proprietor, Texas law does not necessarily agree. Family law views a business as a marital asset in this state. If you are married and get divorced, that business becomes part of the community property equally owned by...
Divorce and Retirement Assets: How Are They Divided?
How is Retirement Divided in Divorce? If you live in Texas and are getting a divorce, you may need to go through a process of dividing an annuity, an IRA or a 401(k). You may want to consult a financial professional along with your attorney during this process since...
Negotiating a settlement between spouses with similar income
During a divorce, Texas couples will need to negotiate their settlement. The way this is handled depends on what each spouse contributed to the marriage and whether both spouses worked. As couples go through the dissolution of the marriage, they will negotiate several...
Could a financial planner help someone going through a divorce?
Divorce proceedings bring forth many financial questions for Texas residents. Matters related to the division of property, alimony, and more might create confusion and concerns. Some people might not realize that there are financial planners who specialize in...
What is a Qualified Domestic Relations Order in Texas?
Qualified domestic relations orders, which are issued by family law courts, grant divorcees in Texas a portion of an ex-spouse's retirement benefits. Benefits must be part of an employer-sponsored plan for the retirement plan to qualify. It is common to draft QDROs...
Real talk about divorce in Texas
Divorces can be tense situations. Couples are worried about how their assets will be divided and about how much time they'll be able to spend with their kids. These are huge issues that impact people's lives for years down the road. In Texas, couples who are about to...
How to make divorce easier
There is no way around the fact that a Texas divorce will be difficult. However, those going through the process can make it easier for themselves. Being methodical and rising above the bitterness are the best starting points for an easier divorce. Perhaps the hardest...
How to Divorce Someone in Jail in Texas
How to Divorce Someone in Jail in Texas Are you wondering how to divorce a spouse who’s behind bars in Texas? This kind of divorce has unique challenges, but you don’t have to face them alone. A trusted divorce attorney can handle all the legal details on your behalf,...
Children need help understanding a divorce
A divorce can be a difficult event for adults and children alike. However, parents in Texas and across America are encouraged to be open and honest about the fact that their children's lives are about to change. While your child doesn't have to know the exact reason...
Getting by at work while getting a divorce
Divorce is one of the biggest hardships one can go through in life, topped only by the stress of dealing with the death of a loved one. When going through a separation, it can be difficult, if not impossible, to focus on work. While it is important to keep boundaries...
Things to consider in a gray divorce
When couples in Texas get divorced after the age of 50, there are different concerns that they may have than if their marriage was dissolving in their younger years. Instead of providing for the children, the primary issue is whether a spouse can retain adequate...