Divorce can bring significant financial changes to families in Texas. The cost of ending a marriage goes beyond legal fees, affecting income, property, and future financial stability. Understanding these financial effects can help you plan for life after divorce....
Divorce
How does divorce affect retirement plans?
Divorce can significantly impact your financial future, especially regarding retirement plans. In Texas, retirement accounts are community property, which is subject to division between spouses. Understanding how courts split these assets can help you plan for the...
How does gray divorce impact child custody for older children?
Gray divorce, or divorce later in life, can have unique effects on child custody arrangements, especially for older children. Courts consider several factors when determining custody, focusing on the child’s best interests. The role of older children in custody...
How can one emotionally prepare for the challenges of divorce?
Divorce brings emotional upheaval and uncertainty, but preparing emotionally can make the process more manageable. Building resilience and having the right support system are crucial during this difficult time. Recognize and accept your emotions Divorce can trigger a...
How has the rise of “gray divorce” impacted divorce rates?
Divorce rates among individuals over 50, also called "gray divorce," have been on the rise in recent years. As more older couples decide to part ways, professionals are seeing interesting changes in divorce statistics and trends. This shift has significant financial,...
How to handle a uncooperative co-parent after a divorce
Co-parenting after a divorce can be challenging, especially if your ex-partner is not cooperative. It is important to remember that your child's well-being should come first, even when the other parent makes things difficult. Learning how to manage the situation can...
Does infidelity affect divorce in Texas?
Infidelity can influence divorce proceedings, but it may not always have a significant impact. Texas is a “no-fault” divorce state, allowing couples to divorce without proving misconduct. Understanding how Texas law addresses infidelity helps clarify its potential...
Financial documents you should gather before filing for divorce
Preparing for a divorce requires gathering key financial documents. These records provide a clear picture of your financial situation and are essential for ensuring a fair settlement. Collecting them before filing helps streamline the process and protects your...
How do economic downturns affect divorce rates?
Financial struggles often lead to heightened stress and conflict between couples, affecting divorce rates. While some couples may delay divorce due to financial hardship, the long-term strain caused by economic instability often results in higher divorce rates once...
Is everything split 50/50 in a divorce in Texas?
When facing a divorce, one of the most common questions is whether the spouses split everything 50/50. While Texas is a community property state, the division of assets isn’t always as straightforward as a simple 50/50 split. Understanding community property Community...