When people get married and combine their finances, they generally start sharing resources and working toward shared financial goals. Retirement savings are often an important component of a couple's financial plans for the future. Those funds may, for example, allow...
Under Texas community property laws, both you and your spouse have an interest in the home where you live. If you bought the house during the marriage or used marital income to help maintain or renovate the home, then the two of you will have to share in its equity in...
There are many big decisions to make during a Texas divorce. You may wonder about how you will share parenting time of your children or what will happen to your retirement accounts and credit cards. However, very few assets elicit such a strong emotional response as...
Figuring out how to tell your kids you are getting a divorce can be overwhelming. You wonder how much or how little you should say to put their minds at ease. Knowing what to say is important for helping your child transition more easily into the new living and family...
In Texas, you share all your marital assets and liabilities with your spouse. As a community property state, any property acquired by either spouse during the marriage is subject to equal division under the law during a divorce. This equitable division law can inspire...
Texas is a community property state but that does not mean that there will be a 50-50 distribution of the marital property in your divorce. Every divorce is unique and certain factors come into play when the court determines how to divide assets. What community...
A traditional divorce in court can turn into an ordeal given the possibility of contentious legal wrangling. Entering into more peaceful and fruitful negotiations outside of court is worth considering. Mediation is one option that provides benefits you will not find...
Divorce is an option if your marriage has deteriorated to the point that it is no longer sustainable. The state of Texas does not force people who are unhappy to stay together. However, as with most legal proceedings, there are certain requirements that you have to...