Divorce comes with many difficulties, many of which are unavoidable. This is why it is important not to add any unnecessary grief to the process by making mistakes of your own. Here are a few common divorce errors you would be better off avoiding. Letting your emotions rule you Emotions can run hot in a divorce, but making decisions based…
Those in business often try to keep their personal and professional lives separate, at least to some extent. When it comes to divorce these two worlds can collide in the worst of ways. Texas state law generally views the assets accumulated during the marriage as community property. This means that the courts are likely to consider the property as owned…
Knowing when your spouse may be eligible to receive alimony is an important concern that may come up during divorce. Understanding eligibility for alimony, also referred to as spousal maintenance or spousal support, and how much may be awarded and for how long, is useful for many spouses going through the divorce process. When is a spouse eligible for alimony?…
In Texas, divorce is unfortunately common. People who have decided that their marriage is no longer working will frequently decide to move on and start over. There are inherent challenges with this decision. One is how to handle children. Once child custody is determined, child support will come to the forefront. The primary focus in a child support agreement is…
Divorce can pose complicated financial issues, especially for a spouse who was not a business owner or substantially involved in the family’s finances. In some cases, particularly in high-asset divorces, a spouse may try to hide assets they do not want discovered to avoid support payments or property division. Preparation and other actions can help preserve your rights during the…
The decision to pursue a divorce is hard on any Texas resident who has had to make that difficult choice. With the recognition that one’s marriage is over and that their life will be forever changed, it can be challenging for an individual to think clearly, make good choices, and act in their own best interests. Despite the complications and…
Dividing property can be one of the most challenging aspects of divorce. While it can be challenging, when divorcing couples know the property division rules that will guide their property division process, it can help them better resolve their property division concerns. Texas follows community property laws which means that the couple’s community property is divided in half. This makes…
The decision to seek a divorce is a big one. Few individuals rush into the process to end their legal relationships with their partners. When a Sherman resident makes the choice to file to end their marriage, it has likely come after much consideration and deliberation about the benefits and costs. One issue that the may consider heavily before they…
Careful financial planning can make the difference between a smooth divorce and a difficult one. Your and your spouse’s assets will be divided under Texas law. This includes any retirement plans earned by either of you. Talking to a financial planner and an attorney may help you divide retirement accounts more easily. Community property Texas is a community property state…
Typically, child support payments end when a child becomes an adult because the child should be able to support themselves and make their own financial decisions. However, this isn’t always the case with special needs children. If you have a disabled child who still needs to be cared for, you might be paying child support long after they turn 18.…