If you are over 50 and heading for a divorce, you may be thankful you don’t have to worry about child support and parenting plans complicating your split. However, a diamond or “gray” divorce has its own complexities that you should consider. Whereas emotions run...
Why do I have to pay my ex’s debts?
When you and your spouse are working through the details of your divorce settlement, you may likely have to assign responsibility for shared debt. From vehicle loans or leases to credit card debt and more, most married couples have some amount of joint debt. By...
Financial choices during and after a divorce
A divorce takes a toll on people in a number of ways. The financial considerations are large and involve much more than the cost of the court proceedings. A smart strategy for finances both during and after the divorce can help people better survive the trials of a...
Could a financial analyst who specializes in divorced clients provide beneficial advice?
Financial matters could create a great deal of stress for married couples. When spouses in Texas find themselves headed for divorce, the situation might become even more troubling. Working with a financial planner may help alleviate some concerns, but is it necessary...
The choice between divorce court and a settlement
Most couples who choose divorce hope to make the process as simple, and pain-free as possible. However, even the best intention will not always present matters from becoming complicated. Divorcing couples in Texas should consider the following when deciding whether to...
What happens if your spouse does not want a divorce?
In the past, a person seeking a divorce had to allege some kind of marital wrongdoing. That is no longer the case, however. Provided one partner wants out, he or she can use the Lone Star State’s no-fault divorce rules to seek an end to the marriage. If your husband...
Coping with a divorce at work
People going through a divorce in Texas may be feeling overwhelmed by the process. It can be tough to decide things like whether one spouse will get to keep a community property home and how to split child custody. On top of all that, most people going through a...
How couples might navigate finances in a “gray divorce”
Older people in Texas who are facing divorce may have complicated finances after many years together. Furthermore, since they may already be retired or retirement could be just a few years away, they have less time in the workforce to recover financially from divorce...
Billionaire divorce dispute highlights asset trusts
A billionaire Texas couple is involved in a dispute over their assets in a divorce. Married since 1989, their property included an island in the Bahamas, several homes and valuable tapestries. When the husband filed for divorce in 2017, his wife assumed she would be...
Do you know these mental health tips for your divorce?
Even with an amicable divorce, emotions and thoughts can run wild. If you are not careful, your mental health can take several blows along the way. Mental Health America offers strategies to cope with your situation healthily. Use them to come out the other side of...
