by Matt Ramsey | Dec 3, 2020 | Divorce
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 you can clearly see, second or even...
by Matt Ramsey | Nov 19, 2020 | Divorce
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...
by Matt Ramsey | Nov 10, 2020 | Divorce
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....
by Matt Ramsey | Oct 21, 2020 | Divorce
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...
by Matt Ramsey | Oct 7, 2020 | Divorce
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...
by Matt Ramsey | Sep 21, 2020 | 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 there can be complex tax implications....
by Matt Ramsey | Sep 16, 2020 | Divorce
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...
by Matt Ramsey | Aug 12, 2020 | 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...
by Matt Ramsey | Aug 3, 2020 | Divorce
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...
by Matt Ramsey | Jul 29, 2020 | Divorce
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...