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,...
Divorce
More attention to heart health during divorce important for women
Divorce is a widely studied topic in this country. Many people in Dallas have likely come across studies explaining what causes divorce, what type of people are more likely to divorce and what divorce may mean for the rest of your life. Yesterday, the results of yet...
Why you may want to keep memorable property post-divorce
At some point in the days after deciding to divorce your spouse, you likely looked around your marital home at your shared possessions and thought about what you would like to keep and what you have no attachment to anymore. Perhaps you want to keep most of your...
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...
Citadel hedge fund firm founder Kenneth Griffin to divorce
Texas couples who are divorcing may be facing complex asset division, and the same is true of the founder of hedge fund firm Citadel LLC. Kenneth Griffin has filed for divorce from his wife of 11 years. Citing "irreconcilable differences" as the reason for their...
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...
Importance of fighting for retirement assets in divorce
According to a survey conducted by the Securian Financial Group, almost one-third of the divorced respondents did not get a share of their spouse's retirement benefits in their divorce settlement, and they also reported being unaware that they were entitled to a...