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Dividing property at the end of a marriage can have long-term financial consequences. A couple’s home is typically their greatest asset but can become an unbearable financial burden for the spouse who keeps it after divorce. There are several strategies to deal with...
It is not so unusual these days to know someone who has divorced, or to go through a divorce yourself. For those in Texas who divorced in 2019 and have yet to file their taxes, there are changes that they should pay attention to, specifically regarding alimony. Prior...
People in Texas who are going through a divorce must decide whether to settle or to go to trial. In most cases, the parties may be able to save time and effort by settling, but there are circumstances under which settlement is not a possibility. If it is clear to the...
Despite the stereotype that women are more interested in marriage than men, studies show that they are more likely to seek a divorce. In 2015, research from the American Sociological Association found that in more than two-thirds of divorces, women were the...
Married individuals in Texas who are considering a financial reset may be interested in learning about a postnuptial agreement. It is similar to a prenuptial agreement, but it is signed by both spouses during the marriage as opposed to before it. It will protect...
Texas couples who were contemplating ending their marriage in December may go through with it in January. That is because the first month of the year is a notoriously popular time for married couples to call it quits. Studies show divorce filings rise from December to...
While most couples in Texas like to focus on the excitement surrounding an engagement, it is also necessary to focus on the pragmatic side of the pending marriage. In order to ensure that both parties are on the same page regarding issues that could arise during the...
A divorce may cause emotional pain, and for women in Texas, the financial ramifications may be even more significant. This is because the typical woman makes 81% of what a typical man makes in a given year. Furthermore, women are more likely than men to obtain custody...
Some couples in Texas might wonder whether they would benefit from what is sometimes called a "strategic divorce." In a strategic divorce, a couple splits on paper in order to save on taxes or to help one spouse qualify for Medicaid. A divorce could also mean that...
Dividing property in a divorce is rarely a simple process, and dealing with a house is no exception. If one person in Texas plans to buy out a spouse and keep the home, there are several considerations to keep in mind.First, it is necessary to determine how much...
