Filing for a divorce does not automatically terminate your marriage. It is a legal process that involves settling multiple issues. If you and your spouse will not be able to work together to resolve your disputes, court intervention may be necessary. When that...
Because Texas is a state with community property jurisdiction, the common assumption is that each spouse receives an equal share of their marital property. However, it is more challenging to determine what exactly is equal when marital property comprises valuable...
As your marriage devolves into divorce, so do your financial liabilities. For divorcing couples with significant assets, critical tax consequences may apply. Breaking down and addressing possible tax considerations while processing your divorce proves to be a wise...
Divorce is not just the separation of two lives; it also involves the division of shared assets and debts. The process of debt division can be complex, with various factors influencing who assumes responsibility for what. It is crucial for divorcing individuals in...
It is not uncommon for spouses to separate and live apart before officially filing for divorce. Efforts to reconcile and insufficient funds are some of the reasons why spouses delay the petition. The separation period, however, can cause confusion during the property...
Asset division is one of the hardest parts of divorce for many couples, especially those without children. Some spouses may make it even harder by attempting to hide assets. Fortunately, there are almost always signs to keep an eye out for. Changes in finance...
Some issues, such as child support, only apply to some divorcing couples. However, property division comes up in almost all divorce cases. That is because nearly all married individuals have acquired property together. Sometimes, a divorcing couple's assets are easily...
Many people fear losing things in divorce. In fact, this is why asset division serves as one of the worst-received parts of divorce for numerous couples. It helps to understand what is up for division in a divorce and what items and assets a person can keep to himself...
Before two people decide to walk down the raise, they should understand each other's financial views. After all, according to reporting from CNBC, financial disagreements are a commonly cited reason for divorce. This is especially true when one spouse is not honest...
When going through the divorce process, some things tend to spark arguments more than others. This typically includes matters like child custody or visitation rights and alimony payments. In general, assets make up a huge number of arguments during and even before the...