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divorce Archives

Society doesn't view divorce the way it used to

Beginning in the 1950's, and for several decades thereafter, television shows gave Americans a view of family life that encouraged them to stay together regardless of how bad the marital relationship was. A divorce was viewed as a failure on the part of the married couple and was even worse if there were children involved. Thankfully, society has developed beyond those now arcane ideals to realize that even though marriage should not be taken lightly, divorce does not mean failure. In fact, in some cases, it provides many Texas parents with the ability to be better for their children. 

Facing a contested divorce in Texas? Here's what to expect

When it comes to ending a marriage, most Texas residents are encouraged to do so amicably through mediation or some other alternative to going to court. However, for some couples, that simply is not possible. Instead, they face a contested divorce, and understanding something of the process could help alleviate any trepidation about it.

Dividing assets in a Texas high net worth divorce

During your marriage, you and your spouse may have acted as partners. You accumulated wealth, purchased assets and may even have a significant investment portfolio and retirement account. Now that you face a high net worth divorce, you may be wondering how the process of dividing those assets will go, especially since Texas is a community property state.

Don't just split your retirement accounts in a divorce

Other than the marital home, the largest assets that many Texas couples have are their retirement accounts. After spending years of accumulating funds in employment-related retirement accounts such as 401Ks, the prospect of having to divide them in a divorce may not make either party happy, but in many cases, at least a portion will be included in the marital estate. However, couples should not go ahead and divide these assets on their own without first understanding the ramifications.

Divorce: Some parents have to fight to see their children

Many Texas parents may understand what actor Jesse Williams ("Grey's Anatomy") is going through. He and his wife are in the midst of a divorce, and it recently came to light that his estranged wife may not be playing nice when it comes to him seeing their children. Her actions prompted Williams to file a request with the court for a parenting plan that allows for joint physical custody of the children.

Designing a parenting plan that will work after the divorce

Most Texas couples want to do the best for their children. When it comes to divorce, this can be a challenge since no matter what parents do, there will be changes to which the children will need to adjust. Designing a parenting plan that works for the whole family could help make the transition from one household to two less stressful and upsetting.

Doing the best for the kids despite a Texas divorce

Unfortunately, some Texas parents end up in a custody battle worthy of Hollywood. They are unable to move past the emotional fallout of a divorce and seek to "punish" the other parent by denying him or her access to the children. This could ultimately cause the children issues in the future.

Yes, the court still has to approve your divorce settlement

Many Texas couples no longer want to go through a potentially contentious, time-consuming and expensive courtroom battle. Instead, they negotiate their own divorce settlements with or without the assistance of mediation or collaborative law. However, that agreement is still subject to the approval of the court.

Don't want to share in a divorce? Consider a prenup

With many Texas residents marrying later in life or for a second (or third) time, they have more than likely accumulated their own assets and liabilities. Considering the fact that Texas is a community property state, they might want to take steps to keep their separate property in the event of a divorce and not end up paying the other party's bills. One way to do that is to execute a prenuptial agreement.

Keeping separate property separate in a divorce

Whether Texas residents own a business, have a retirement plan or own other significant assets when getting married, they may want to consider protecting them. Since Texas is a community property state, the courts begin with the presumption that all of the assets are community property. In order to rebut this presumption and keep any property acquired prior to the marriage, certain steps need to be taken to keep them separate. Doing so may become important in any subsequent divorce proceedings.

Vernier & Associates, PLLC Vernier & Associates, PLLC

Vernier & Associates, PLLC
2441 High Timbers Drive Suite 110
The Woodlands, TX 77380

Phone: 281-882-3271
Fax: 832-585-0955

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