You have experience handling valuable assets, but you have no background in dividing all those assets in a divorce. What pitfalls should you watch out for? CNBC provides tips for avoiding mishaps in the property division phase of ending a marriage. Take steps to...
Divorce
Contested versus uncontested divorce proceedings in Texas
If you and your spouse are facing divorce, you may wonder about the best way to go about it. For some couples, a contested divorce is the only option. For others, uncontested or no-fault divorce is the most logical choice. A contested divorce in Texas Contested...
How do you serve divorce papers in Texas?
One of the first things you typically need to decide in a divorce is whether you want to serve papers. This step shows your hand, so to speak, so most people consider it a strategic as well as a procedural element of divorce. If you are considering serving your...
Is this a warning sign of parental alienation?
When dealing with divorce, it is often easy to forget that you need to watch out for your child's mental well-being. After all, divorce is hard on every person in the family and not just the couple splitting. Unfortunately, a parent might even use this lapse in...
3 tips for telling your children about your divorce
Divorce can instigate big changes in your life as well as in the lives of your children. Although you may never have pictured yourself going through this major life process, divorce is a common experience for many. In the U.S., the American Psychological Association...
Should you fight to keep your full 401(k)?
As you prepare for your divorce proceedings in Texas, you truly begin to contemplate what your life may be like without your soon-to-be ex-spouse. The realization that the person you once believed you would grow old and retire with will change. Once you get into the...
Do not forget to divide credit card reward points during divorce
If you and your spouse are heading for a divorce, you may want to begin to think about dividing the marital estate. Under Texas law, judges typically divide community property according to what is just and right. Generally, community property is everything you and...
Is there a maximum cap on spousal maintenance?
If the court orders you to pay spousal support in your divorce, then you may wonder what types of guidelines the law puts in place regarding support payments. Specifically, you may want to know how much you will have to pay and if the court can order you to pay more...
How will the court divide property during a divorce?
Divorce may become contentious around property division. Part of this may correlate to the misinformation circulating on how the court handles a couple's finances. Dividing a couple's assets ultimately comes down to who owns it and how a judge looks at the divorce....
What will become of your business now that you face divorce?
If divorce is in your future, your business will likely be the main focus in the property division phase of the proceedings. You may have many questions about the fate of your business but there are three basic options to consider. The buyout The option many divorcing...
