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Divorce

When can you request a reduction in alimony?

Divorce can lead to many worries and stress regarding your finances. Many individuals worry about paying alimony or spousal support to their exes. If you have been ordered to pay alimony, you may be worried that you will be required to pay it for a long time. However,...

Should you move after deciding to divorce?

Sometimes, making the decision to divorce is the hardest part of the marital dissolution process. However, it is oftentimes far more challenging to navigate the aftermath of this decision than it is to file for divorce in the first place. After a couple opts to move...

Determing the real value of assets in divorce

Texas couples who have decided to dissolve their marriage must come to an agreement regarding the division of their assets or accept that a court will do it for them. It is important to understand that some assets may hold more value than they initially appear and...

Pros of prenuptial agreements

In Texas, almost any asset that a person acquires during marriage is considered community property. In the event of a divorce, community property is split equally between the two parties. In some cases, separate property that was owned by one spouse prior to marriage...

Protecting separate property in divorce

Texas is a community property state, which means that during a divorce, marital assets are be split evenly between the spouses. However, gifts and inheritances are exceptions to the marital assets rules. These assets are usually considered separate property and do not...

Splitting a residence when a marriage ends

When a couple in Texas decides to end their marriage, they might not be sure how to handle ownership of home and the associated mortgage. In some situations, a former couple might opt to sell a property and split the profits after a divorce. However, another option is...