Recent Blog Posts
Child Custody During the Holidays
It’s that time of year – family reunions, Christmas tree decorating and gift opening, New Year’s celebrations, and so forth. If you are a divorced parent, an important issue needs to be addressed during the holiday season – custody. Who gets the child, or children, during a respective holiday? In Texas, family courts often… Read More »
How to Manage Maxed Out Credit Cards in a Divorce
In 2016, the average amount of credit card debt carried by each household in the United States was approximately $16,883, according to Nerdwallet. This means many couples going through a divorce are going to have to address the important issue of how to divide their debt obligations. Community Property Standard Typically Means Equitable Division… Read More »
What You Need to Know About Getting Divorced After the Age of 50
There is a somewhat surprising trend occurring across the United States – older married couples are deciding to get divorced at much higher rates. In fact, divorce rates for couples over the age of 50 have doubled since the 1990s. If that was not surprising enough, the divorce rate has tripled for married couples… Read More »
Understanding How Divorce Affects Your Retirement Assets
Many people who get divorced would prefer to put the entire episode behind them and start anew. A divorce does indeed represent a new beginning, but there are certain aspects of your life where you may always be reminded of the divorce. One of those aspects is your finances. There is an expectation that… Read More »
Protecting Your Online Accounts During a Divorce
When a couple gets divorced, the issues and assets on their mind include who gets custody of the kids, what to do with the house, what to do with the joint bank accounts and savings accounts, etc. The thought of your online accounts and social media profiles is probably an afterthought. But protecting your… Read More »
What To Do With Your Mortgage in a Divorce in Houston
What To Do With Your Mortgage in a Divorce in Houston One of the driving factors behind a married couple opting to get divorced in Houston, Texas is financial difficulties. A recent survey showed that approximately 35 percent of respondents reported that they were enduring stress in their marital relationships because of money. In… Read More »
Is Divorce Financing a Good Idea?
A divorce can cause serious harm to your finances. The checking account and credit card you use to pay for daily expenses may suddenly be frozen. Bills go unpaid so your credit is damaged. The mortgage doesn’t get paid and your home may go into foreclosure as a result. The car payment isn’t made… Read More »
Spouse Debt in a Houston Divorce – Are You on the Hook?
An important question that is asked quite frequently by people looking to get divorced in Houston is whether they are responsible for paying a portion of their spouse’s debts. This issue is typically brought up when they learn that Texas is a community property state that basically means divorced couples are responsible for any… Read More »
Understanding The New Rules and Regulations for Claiming Social Security After a Divorce
The laws surrounding how and when to claim Social Security benefits for a divorced spouse changed recently under the Bipartisan Budget Act of 2015. This law essentially set forth two sets of rules that need to be followed when attempting to claim these benefits. Overview of How a Divorced Spouse Could Receive Social Security… Read More »
Divorce and the Stages of Grief
In many cases, divorce comes as a surprise to a spouse and there are understandable feelings of loss and grief. This is a big reason why divorces can get contentious and emotionally-charged. There is an inherent tension between the emotional trauma associated with a divorce and the practical, legal issues that need to be… Read More »
