Prenuptial agreements, often called "prenups," play a significant role in high-asset divorces. These legal documents outline how a couple will divide their assets if their marriage ends. In Texas, prenups can help simplify divorce by clarifying financial expectations...
Divorce
Protecting business assets during a Texas divorce
Protecting business assets during property division in a Texas divorce requires careful planning and strategic actions. Understanding the steps involved can help business owners safeguard their interests. Prenuptial and postnuptial agreements One of the most effective...
Ways you can reduce the stress of your divorce
Divorce is often one of the most stressful experiences a person can go through, affecting emotional, physical, and financial well-being. While it's natural to feel overwhelmed, there are strategies you can employ to reduce stress and navigate the process more...
Understanding the phenomenon of gray divorce
The term "gray divorce" refers to the growing trend of couples deciding to end their marriages later in life, typically after the age of 50. According to AARP, this phenomenon tripled from 1990 to 2021, reflecting broader societal changes and shifting attitudes toward...
What happens after you receive divorce papers?
According to the Centers for Disease Control and Prevention, Texas had a divorce rate of 1.4 per 1,000 people in 2021. In every divorce, one person files with the court and the other person receives the papers alerting them of the filing. Receiving a divorce notice...
Understanding separate property in a Texas divorce
When couples in Texas decide to end their marriage, the division of property often becomes a central focus. Texas follows a community property system, which means that property the parties acquire during the marriage is generally community property and subject to...
Tips for financially preparing for divorce
Divorce is not just an emotional journey; it's a financial one too. According to U.S. News and World Report, the average cost of divorce in the U.S. in 2020 was $15,000. Preparing for the financial aspects of divorce is essential to ensure a smooth transition into a...
How does a substance abuse disorder affect your Texas divorce?
Divorce, a significant life event, involves several complex emotions and decisions. In Texas, the factors leading to the dissolution of marriage can greatly influence the outcome of the divorce proceedings. One such factor, a substance abuse disorder, can play a...
Asking your ex to give up parental rights during a divorce
Divorce is not just a dissolution of a marital bond; it often involves a complex web of decisions, especially when children are in the picture. In Texas, the topic of parental rights comes to the forefront when couples with children decide to part ways. One question...
Are retirement accounts marital property?
Retirement savings can become a pivotal point of contention when a marriage comes to an end. In the Lone Star State, divorce laws require a fair division of all marital property, including retirement savings. Community property vs. separate property Texas follows...
