Divorce is often a difficult process, causing significant stress, uncertainty and concern. Although it is possible for a divorce to be amicable, there may still be concerns regarding what will happen as part of the process. In Texas, there are many legal myths about...
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What to consider before keeping your home after a divorce
When you are in the middle of a divorce, you will need to decide whether or not you want to continue to live in your home or sell it. Your ex may agree that you can keep the home, but this may come with a cost. This is what you need to consider before keeping your...
Selling a house during a divorce
Getting a divorce in a community property state like Texas can result in additional anguish when it comes to dividing up real property. When a couple can't agree, a judge may have to intervene to determine how to divide any assets. While a judge may provide a solution...
Who pays the college bills after a divorce in Texas?
Going through a divorce with children can be challenging. While you may think the challenge goes away after the children have grown up, more unique challenges can start to present themselves. Something that a lot of couples overlook — either because it doesn’t seem...
How to avoid financial mistakes in a silver divorce
Divorce rates are generally on the decline for people in Texas and around the country with one exception: Couples over the age of 50 have the highest divorce ratios with as many as one in four older couples severing the knot these days. What is behind this trend, and...
Tips on preparing for a divorce
Going through a divorce can be a difficult time both physically and emotionally. If you believe that your Texas marriage is headed for divorce, it may be a good idea to start planning. By having a game plan ready, you can help make your divorce process go more...
How to split up IRAs and other retirement accounts in a divorce
When a couple undergoes a divorce in the state of Texas, the judge follows community property laws. These laws specify that every account acquired during the marriage must be split 50/50 between both spouses. When it comes to retirement accounts, they're also split...
Figuring Out Community Property in a Divorce
When Texas residents get divorced, they’re aware they need to think about how they’re going to divide their assets. In Texas, property is either considered community property or separate property. Figuring out the difference between the two as it pertains to a...
What female entrepreneurs need to know about divorce
As a female entrepreneur in Texas, you know that planning means everything when it comes to success. Although going through a divorce may not have been in your life plans, you need to address it head-on. Here are some helpful tips to ensure that you leave your divorce...
How do you split large assets during divorce?
Asset division is one of the most challenging parts of a divorce in Texas. You can't literally divide your house and furniture in half, but you have to figure out how to evenly split your assets. Fortunately, you can exchange cash and properties for other assets. How...
