Divorce creates emotional and financial challenges, and it is important to safeguard your financial future. Protecting your retirement during a divorce requires careful planning and consideration. Learn about marital versus separate property All the property you owned...
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Divorce
Divorce considerations that may apply to couples with age gaps
Each divorce is unique. For example, couples with significant age differences may contend with a host of challenges. In Texas, where divorce laws can vary from other states, several considerations for such couples need careful attention. Financial implications of...
The January divorce surge: is it real and why does it happen?
The new year not only marks a new beginning, but it also brings with it a notable uptick in divorce filings. This phenomenon, known as "divorce month," in January, happens because of many complex and nuanced reasons. Here, we summarize the reasons the number of...
4 ways to financially prepare for divorce
Divorce is a challenging life event that brings about significant changes, especially in your financial landscape. Being prepared financially is key to minimizing stress and ensuring a smoother transition. 1. Review your assets and debts Begin by taking stock of your...
The role of a financial advisor in a divorce
A Texas divorce impacts many aspects of your life, including your finances. In such challenging times, a financial advisor plays an important role in helping you navigate the financial intricacies of divorce. Financial advisors offer many benefits to people navigating...
How to handle an uncooperative co-parent after your divorce
Divorce is a complicated and emotionally draining process, especially when it involves children. Ideally, both parents would cooperate to ensure the best for their children, but this does not always happen. You might find yourself grappling with an uncooperative...
What to do with your home after a divorce
Deciding what to do with the family home can be a significant concern during a divorce. The memories made, the stability given and the uncertain future ahead may cause you to doubt whether or not to keep the house. Carefully evaluate the practical and financial...
Dividing art collections in a Texas divorce
Dividing assets in a divorce often becomes complex and emotionally charged. The complexity increases when it involves valuable and unique assets, such as art collections. In Texas, a community property state, dividing art during a divorce presents unique challenges....
Changing a Texas child support order
When parents divorce in Texas, the court does its best to set a child support amount that meets the essential needs of the child. The judge also considers the financial resources and living expenses of each parent. However, these factors will probably change over...
Does adultery affect property division in a Texas divorce?
Infidelity is more common than many might think. According to PsychCentral, a Health Testing Centers poll from 2021 found that over 46% of individuals in a monogamous relationship admitted to cheating on their partners. It is also the reason behind many couples'...