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Posts tagged "divorce"

Millennials are seeking prenuptial agreements in greater numbers

Millennials are shifting the market once again. Before it was their preference for experiences over possessions and now they are putting their money where their mouth is and demanding prenuptial agreements that protect intellectual property, including undeveloped ideas. Prenups traditionally assigned "old money" assets like cash, income, investments, and real estate. But, Millennials are recognizing another asset, the ideas in their mind.

When are divorces most common?

Surprisingly, according to a recent study, divorces are most common at the end of Spring and the end of Summer. The study, out of the University of Washington, found that divorce filings peak in March and August. The study concluded after a 14-year exhaustive review of divorce filings.

How do you stop fighting post-divorce?

Divorce, unfortunately, is rarely ever the end it is billed. You are often required to interact with your ex-spouse on a variety of occasions, especially if you are co-parenting a child. These continued interactions raise an interesting issue; if you were fighting when you were married, how do you stop the fighting now that you're divorced?

Unique issues for military divorce, Part 2

Divorce is complicated, emotionally, financially, and legally. As discussed in a previous post, it is even more complex when you are a member of the military. The military imposes a series of rules on its service members which are not always immediately apparent or intuitive. As discussed before, your residence in the military is not necessarily where you live.

Don't be fooled by these common Texas divorce myths

When a marriage begins to break down, friends and relatives are ready to share their stories and experiences regarding their own or their friends' divorces. However, people outside the legal profession are inundated with information through social media, much of which is incorrect. And, word-of-mouth stories have a tendency to become exaggerated.

Unique issues for military divorce, Part 1

Many of the rules inherent to the military are not entirely intuitive. For instance, military members do not acquire the residence of the state in which they are stationed. Service members, after completing boot camp, are assigned to a particular base. But when service members arrive at that base, even if it is in a new state, they do not acquire a new residence.

Brad Pitt and Angelina Jolie file for divorce

Angelina Jolie filed for divorce earlier this month, September 19, which, under California law, gives Brad Pitt 30 days to file his response. California, like Texas, is a community property state. Community property, roughly, means that everything acquired during the marriage is jointly owned by both spouses. That means all the houses, retirement accounts, cash, and investments gained during the marriage are jointly owned by Brad Pitt and Angelina Jolie.

Can a 'for-fault' divorce Texas help your outcome?

Because the Texas Family Code allows for no-fault divorce, many Texans who are considering filing for divorce believe that fault won't make a difference in their divorce proceedings. This is not true. Because no-fault divorces are allowed in Texas, a spouse cannot prevent a divorce decree by forcing the filing spouse to prove fault. However, proving fault can have a significant effect on several important elements of a divorce settlement.

Former Real Housewife embroiled in contested divorce

It is remarkably easy for divorces to spin out of control. You disagree about one small aspect, and suddenly the entire divorce is suspect, and thousands of more dollars are at stake. Unfortunately, Ms. Jules Wainstein is getting a reality check in her contested divorce. The former Real Housewife of New York City recently withdrew from the show after only one season due to the bitterness of her ongoing divorce proceedings.

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