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Posts tagged "divorce"

Prenuptial agreements may save you time, money and headaches

The last thing on a person's mind when on the verge of entering into a marriage is the possibility of divorce, but as we have heard all too often, in the United States divorces are not uncommon, and it may be wise to consider talking with your soon-to-be spouse about a prenuptial agreement. The fact is that about half of all marriages will ultimately end in divorce, according to many reports and statistics. While this may sound disturbing, it is important to recognize that getting a divorce is a big step for couples. And, as many people can tell you, getting a divorce from someone in an unhappy or unhealthy relationship is much better than staying in a marriage just for the sake of staying in a marriage. Sometimes a divorce is best.

Frequently Asked Questions About Divorce in Texas

Each divorce is unique. It is not surprising that many divorce processes are confusing. While some divorces are straightforward, many are not. Over 75,000 divorce cases are filed in Texas each year; some of these cases will run smoothly and others simply won't. Will yours be complex or relatively "easy"? Will it be contentious or amicable? 

Assessing business value and marital debt in a Texas divorce

Divorce will undoubtedly be one of life's significant turning points. The longer you have been married and the more assets you've accumulated, the more complex the process. Things such as businesses and retirement packages must be assessed and weighed against marital debt.

How are Texas assets split during the dissolution of a marriage?

Going through the process of divorce can understandably be stressful no matter how many or few assets you have. However, it can be especially overwhelming for business owners in Texas and other individuals who have high-value assets. A person who is going through the dissolution of a marriage in the Lone Star State has the right to pursue the most personally favorable outcome considering the circumstances.

Preparing for divorce can reap significant benefits

Divorce is a serious decision, one that merits careful consideration before moving forward. Just as you would not make other major life decisions without planning and preparation, you should not proceed with the divorce process until you have the appropriate groundwork in place.

Preparing for divorce can reap significant benefits

Divorce is a serious decision, one that merits careful consideration before moving forward. Just as you would not make other major life decisions without planning and preparation, you should not proceed with the divorce process until you have the appropriate groundwork in place.

In Texas, hiding assets during a divorce has severe consequences

Texas is a community property state. This means that most assets either spouse acquired during the marriage are considered the parties' community estate. A Texas court will divide community property between the spouses to achieve a result the court deems fair. This does not necessarily mean a completely equal split. Assets either spouse owned before the marriage, or acquired as gifts or through inheritance, remain the separate property of that spouse.

What are the residency requirements for divorce in Texas?

Once the difficult decision is made to get a divorce, there are a number of legal issues that must be addressed. One of the first is to make sure you meet the minimum requirements for residency in Texas. Fortunately, for most people this is not a problem.

Dividing books, dividing interests in divorce

It is almost always difficult to pull apart the woven strands of life spent together. Divorce is not an easy process, but it is an important one that can lead to a better life. A writer and English professor who used to live here in Texas recently put down the feelings she struggled with as her marriage of 15 years was ending in separation and then divorce. Being a writer and lover of words, one of her greatest struggles was deciding on which books to keep and which to give up to either her ex or to a charity.

Married on Valentine's Day? Prepare for divorce

There are special days recognized by almost everyone: July 4th, Christmas, Thanksgiving, New Year's Day and so on. Sometimes people take those special days and get married on those dates, making their specialness even more special. What is more romantic than marrying on Valentine's Day?