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3 tactics that could protect your business during a divorce
Your business may be the most valuable thing that you own. Even if you have other assets that have more financial value, your business is an extension of yourself, making it emotionally valuable. It reflects years of hard work and investment.
Going through a divorce doesn’t ju… -
Your airline miles may complicate your divorce
If you are thinking about using your airline miles for a post-divorce vacation, you may need to reevaluate your plans. That is, because your soon-to-be ex-spouse may have an ownership interest in your airline miles, you may need to split them with him or her.
Dividing marital as… -
The role of adultery in Texas divorce
If you decide to divorce in Texas, you can choose from either a no-fault or fault-based divorce. If you pursue a fault-based divorce because your spouse was unfaithful, the adultery may affect spousal support and property division.
Before filing for divorce in Texas, review what… -
Difficult aspects of gray divorce
Perhaps you are one of the rising numbers of older Americans ending your marriage. If so, you know that splitting up after the age of 50 involves some unique challenges.
Few older couples have to worry about custody issues and child support, which are often the most contentious … -
Do you need a forensic accountant on your divorce team?
If you and your spouse have considerable assets at the time of your divorce, you want to be sure you receive your fair share. After all, even though Texas law generally entitles you to half the marital estate, your soon-to-be ex-spouse may hide assets or otherwise try to take mor…
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What you must know about debt in divorce
When you decide to get a divorce, you and your spouse will need to separate your whole lives in two. You probably know that you will create a plan to parent your children together from two different households. You also likely know that you will have to divide your property. What…
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What does Texas consider when awarding spousal maintenance?
A divorce means major changes for both people involved, and this may prove particularly true if one of you was the primary breadwinner during your marriage. Once your marriage comes to an end, you may have valid concerns about how you may support yourself without your spouse’s …
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3 Ways your spouse may try to hide marital assets
Because Texas is a community property state for divorce purposes, both spouses own marital property. When your marriage ends, you probably must divide marital wealth equally. Of course, you can only fight for your fair share of assets if you know that they exist. Regrettably, a d…
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Taking the stress out of the holidays after divorce
The holiday season can be a challenging time for people who are lonely or alone, but it can also be extremely difficult for children whose parents are divorced.
Mental health experts say the holidays have an extreme effect on families and individuals because expectations are hig… -
Resetting your retirement plan following a divorce after age 50
Getting a divorce after age 50 comes with its own set of problems. Chief among them is your retirement account.
Your savings are not necessarily safe from divorce proceedings, and because of your age, you have little time to restock the account. On the bright side, strategies ar…