Fabio & Merrill

January 2017 Archives

How do I get ready for my divorce?

Rarely do married couples get "quickie" divorces. There are many reasons for this, such as the legal requirements of the state. But also, divorce is often a complex matter, the details of which take time to negotiate and finalize. Moreover, even if you are more than ready to end your marriage, you are better served by taking careful steps to prepare for the next phase of your life.

Uninsured medical costs of your child

Medical expenses that are not covered under insurance are called uninsured medical costs. Parents are expected to make sure all medical costs of their child are covered and taken care of. They must pay for any medical costs of procedures that their child undergoes. All expenses that exceed the allowed limit for the parents are called extraordinary medical expenses, and it is important for parents to make sure they are taken care of.

No-Fault Divorce Is Being Challenged In Texas

Texas law currently allows no-fault divorce. In other words, couples do not have to place blame and establish fault to end a marriage. They can file for no-fault divorce on the grounds of insupportability if, as the law states, "marriage has become insupportable because of discord or conflict of personalities that destroys the legitimate end of the marital relationship and prevents any reasonable expectation of reconciliation."

Keeping the house after a divorce may not be the right move

The divorce process is largely made up of decisions and negotiations. And this is especially true when it comes to property division. First, you must decide how you feel certain assets should be allocated and then you have to negotiate your way to acceptable terms regarding the allocation. Monetary items, such as cash and investment funds, will likely be divided while each party will take specific physical items, such as cars, furniture and personal belongings.

Halle Berry divorce finalized as clock on 2016 runs down

Recently, Halle Berry had to hastily finalize her divorce from her husband, Oliver Hernandez. Apparently, during the period after the pair separated, but before the divorce was finalized, Ms. Berry was able to secure some "contracts and deals," that were still pending. She needed the divorce process to be completed before the new year or else Mr. Martinez may have been eligible to get a cut of those deals in the settlement.

Job loss could be basis for child support modification

If you are a parent who pays child support, you almost certainly want to do what you can to contribute to your child's well-being. But if you recently lost your job or had your income drastically reduced, it may become very difficult, if not impossible to continue fulfilling your support obligations. This can cause very serious problems because if you don't  keep up with your payments, you could face some very unpleasant penalties.

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