A lot of myths surrounding divorce impact our society. While the process of ending a marriage is very real and brings with it a great deal of stress and inner turmoil, there is a great deal of misinformation that many people have widely accepted as fact. Residents of...
What happens to your business during a divorce?
When you file for divorce in Texas, the divorce proceedings might threaten to tear your business apart. If you and your former spouse both have a stake in the business, the issue becomes even more challenging. Should you sell your shares and cut your losses, or is it...
How to tell if your marriage is in trouble
According to researchers, there are several key actions that couples in Texas and elsewhere take that undermine the strength and viability of their marriages. Those actions include criticizing their partners, stonewalling during conversations and consistently acting...
How to get through the many worries that divorce can cause
Many people who find themselves facing the prospect of divorce are generally worried about how they will survive the stress associated with financial uncertainty and emotional unrest. For residents of Texas who are wondering how they will handle this next chapter of...
Divorce and its impact on business owners
Considering that almost 50% of marriages today end in divorce, it is safe to assume that business owners in Texas are also at risk of dissolving their marriage. While many people think of the personal financial issues that divorce can bring about, there are also...
What does it mean to live in a community property state?
Texas is a community property state, meaning that when a couple gets divorced, their assets must be divided evenly between both parties. This can make the property division process easier, but it can cause added stress if the individuals don't want to share their...
Common myths regarding divorce and Social Security
Divorce is always stressful, but couples who divorce at an advanced age experience an additional set of complications. Simply put, older divorcees possess less time and opportunity to recoup any financial losses that result from divorce. This fact can cause Social...
Do you need a financial planner for your divorce?
Financial disagreements are among the leading causes of divorce. According to divorce finance professionals, 22% of divorcees cite monetary issues as the reasons for their split. If you have been considering a divorce in Texas, a lawyer is likely the first...
Dealing with complex finances in a divorce
When people in Texas get a divorce, they must be completely transparent with one another about their assets. This is especially essential when dividing their property. It can be easy to misunderstand or overlook some assets, and in some cases, one person might try to...
Tax issues arise after a divorce
When someone in Texas has taxable earned or unearned income, the federal and local agencies seek to collect what is due. Someone entering into divorce proceedings might find previously complicated tax issues are more challenging to figure out. People may make mistakes...