McKinney Texas Family Law Blog
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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… -
Should you consider mediation for your Texas divorce?
Have you decided to move forward with divorce? If you have made the decision to move forward with this process, you may be wondering what this will mean for your future. From child custody to your financial well-being, you probably have many concerns about what your post-divorce …
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Paying too much in child support? Here’s what you can do
As a parent, you understand the importance of making sure that your child is financially secure in life. For divorced parents in Texas, this usually means paying monthly child support. But what if the current calculated amount is too high or was calculated incorrectly?
Even when… -
Understand your assets when going through a high asset divorce
The substantial assets you have accumulated throughout your working career may have seemed like a blessing. They allowed you to afford your necessities and your desires, and you have not had to worry about your financial stability for some time. However, now that you have chosen …
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Is relocation best for your child?
It is not uncommon for a spouse to survive the breakup of a marriage, the difficult divorce and the heart wrenching custody dispute, only to learn one day that the other parent is planning to move away with the children. In some cases, this is because the other parent has an offe…
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As a business owner, you want to protect your assets from divorce
Starting your own business may have been one of the highlights of your life. As your company continued to grow — and your income with it — you undoubtedly felt more accomplished. Though you may have dealt with some bumps along the way, you have likely become a savvy business …
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A parenting plan may make divorcing with kids easier in Texas
If you are about to go through the divorce process, you may understandably be worried about your finances and which assets you will end up taking with you. However, if you are the parent of a young child, who will end up with custody of the child is likely an even bigger concern …
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What reasons may give cause for child support modification?
Divorce may have been one of the more difficult parts of your life that you have faced so far. Throughout the process, however, your child likely remained your top priority. As a result, you fought for the best child custody and support terms that you could reach during your lega…
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What to do when your ex is not meeting the terms of your divorce
Once the dissolution of marriage is completed, you’d think life would start to get a bit easier. A divorce settlement is in place and all you have to do is abide by its terms. Well, what happens if you do everything you can to live up to the terms but your ex does not? Is there…
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I’m getting a divorce. Is my inheritance protected?
An inheritance is a gift left to an individual after another person has died. The gift then becomes part of the heir’s property, but if that person is married, is his or her spouse entitled to a share of the funds? For some, an inheritance can represent a large portion of perso…