Getting a divorce is a major financial decision since you and your spouse will have to separate assets and accounts. When you decide to end your marriage, you'll also need to determine who is responsible for certain debts and determine who will receive spousal support...
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When divorce becomes expensive for business owners
If you're a business owner who's considering divorce in Texas, be prepared for high-asset property division. This can be a costly process, both emotionally and financially, but it's also something you can do successfully. Why is divorce costly for business owners?...
How mental health conditions may impact a divorce case
Among the issues that impact the deterioration of a marriage, mental illness is a common circumstance. According to the National Institute of Mental Health, mental health conditions affect one in five adults in the United States. With these odds, both moderate and...
Fathers and child custody matters
Divorce could prove challenging for children, and parents may have to work through differences to prevent psychological and emotional harm. However, differences on the subject of child support could prove challenging to overcome. Fathers may worry about how the Texas...
How to report alimony payments on your taxes
For couples in Texas who have been through a divorce or are about to get divorced, understanding how alimony interacts with taxes is important. The alimony tax rules have changed and are scheduled to change again, and this will have a major impact on taxes for both...
Men and women experience divorce differently
Though divorce involves both spouses, men and women experience the situation differently. And as some Texas residents discover, this can affect the divorce process itself, as it can contribute to the tension and conflict that are already present. Mental health and...
Signs your ex is turning the kids against you
When your marriage went downhill, a divorce was the first step in rebuilding your life. Now your children do not want to spend as much time with you. It is no surprise that children have emotions that need processing after divorce. If they begin to act unusual, you...
Matters leading to child custody modifications
A Texas family court judge will not arrive at a child custody decision until after reviewing detailed evidence and documentation about the child's best interest. The custody ruling will detail points about sole or joint custody, visitation rights, and other parenting...
Financial issues in a divorce
Property division issues are usually among the most contentious in a Texas divorce, even though the jurisdiction is a community property state. Nonetheless, divorcing couples must still deal with a number of financial hurdles that they must cross to resolve the...
Claiming alimony payments on your tax return
Many Texas divorce cases involve alimony payments. Often, these payments are made from one spouse to the other because of a significant discrepancy in income post divorce. Alimony may be temporary, rehabilitative or permanent. Whatever the case may be, any alimony...