Regardless of a person's age when getting divorced, losing a big chunk of his or her retirement savings can be a hard pill to swallow. Some losses may be unavoidable, such as when the couple agrees to split one spouse's 401K account. Other losses, however, may be...
Month: October 2020
What buyers need to know about the effects of easements
Purchasing a Texas property with easements may seem problematic. The idea that someone else may have particular rights to the property may discourage some buyers. The same deterrent happens when their properties depend on easements, such as when it comes to access...
How does not paying child support affect children?
If you are currently struggling financially or dislike the idea of giving money to your ex, you may feel tempted to withhold child support. At first glance, it may seem like your ex will suffer immensely for this decision. There is some truth to this, but whatever...
Understanding the Texas child custody process
Parents filing for divorce in Texas must make a child custody agreement. Texas law calls legal custody "managing conservatorship" and physical custody "possession." When you or your spouse files for divorce, you may ask the court to make a decision about possession...
How is credit card debt divided?
Property division in a divorce is not just for assets. The court will also expect you to divide your debts, including credit card debt. Forbes explains the issue with the court dividing your debts or you and your spouse reaching an agreement about debt division is...
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