A number of studies have indicated that the divorce rate, in Texas and across the country, has declined in the past 20 years, but the rate for people aged 50 or older doubled between 1990 and 2010. The phenomenon has been called gray divorce. Divorce is very often a...
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Divorce
Drawing Social Security benefits on an ex-spouse’s record
Some people in Texas might not realize that they may be able to draw Social Security benefits based on an ex-spouse's contributions. The agency generally does not track this, so people might not be notified of their eligibility. This does not reduce what the former...
Don’t withdraw money from retirement accounts in divorce
Texans who are going through divorce may face financial difficulties. They might have increased expenses because they no longer have two incomes on which to rely. The added expenses combined with the legal costs of the divorce case can lead some people to turn to...
Early IRA distributions and splitting property in a divorce
Divorce is on the decline for most age groups, but for people over 50, it is on the rise. Older couples in Texas who are ending their marriages may have accumulated a significant amount of shared property that needs to be divided. This could include a retirement...
Why consider a postnuptial agreement?
While a growing number of people in Texas are considering prenuptial agreements before they marry to determine some key financial matters, it may also be possible for people to reach this kind of agreement after marriage. While prenups were once widely considered a...
Why January is a popular month for divorce
It isn't uncommon for couples in Texas and throughout the United States to get divorced in January. This is partially because they may feel more stress during the holiday season, and they may decide that it's better to avoid going through the same experience in the...
How to talk about a prenup agreement
Couples in Texas who are planning to wed might be considering a prenup agreement. While some people feel anxious about what this might mean, experts recommend signing one as it can clearly define financial boundaries and avoid additional problems in case of a divorce....
Make a financial plan before a divorce
While the divorce rate in the United States has gone down since the 80s, about 39% of marriages still end in divorce. Since divorce can be financially devastating, couples in Texas should learn about a few steps they can take to get their finances ready before...
Unique issues women face after divorce
Texas residents who have gone through the divorce process realize the toll that divorce can take. Both men and women are affected by divorce, but there is a body of evidence indicating that the way it affects them is different.An example of this is the financial...
Social media and divorce
Getting divorced in Texas or any other state is often stressful. While many divorcing spouses are often advised to avoid social media during this time, some individuals who have been through the divorce process have come to appreciate some aspects of social media...

