Mediation isn't just for contentious divorces. It works in almost any divorce to reduce stress and help settle child custody, alimony and property division concerns in a way that is agreeable to both parties. It's a good idea, because the mediator knows the laws and...
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Prenups, divorce and estate planning all interconnected
Many Texas residents are aware of the recent passing of controversial media mogul Hugh Hefner. The 91-year-old founder of Playboy magazine lived a long life that was largely defined by his drive to create an enduring presence in the publishing world. Many of his...
Understanding the tax ramifications of divorce
As Texas residents move through the process of ending their marriage, one of the things that is most often overlooked involves how one's tax landscape will change once the process is finalized. There are a number of important changes that will affect each spouse's tax...
3 ways to sabotage your high net worth divorce
Without a doubt, ending a marriage is an emotional time. Texas residents facing a high asset divorce may go through a myriad of emotions. They may feel out of control, long for the past or just want to keep the peace and get through it.It may be only natural to want...
Do divorce courts really know what is best for your children?
More than likely, Texas parents who decide to end their marriages do so because the conflicts between them have become too much to sustain the relationship. They decide to go their own ways and file for divorce. As part of the divorce process, they need to determine...
Do you know how to prepare your finances for divorce?
Once you and your spouse come to the conclusion that divorce is the best thing for both individuals, you need to turn your attention to many details.If you have children together, it's natural to focus on what you can do to ensure their well being. Along with this,...
What does your post-divorce budget look like?
Are you about to go from two incomes supporting one household to supporting one household on your own? Do you know how your divorce will impact your checkbook? You may be asking these questions yourself as you face going into a Texas courtroom to end your marriage.You...
Don’t believe what you hear when it comes to a Texas divorce
When a couple decides to end their marriage, family, friends and even acquaintances may offer unsolicited advice regarding what comes next. The problem is that much of this information may not be correct, especially when it comes to dividing property since Texas is a...
Focus on these goals during divorce mediation
If you come to realize that divorce mediation is the best way to put your relationship in the past, you should move forward with knowledge and confidence.This means many things, such as knowing what to expect from the mediation process. It's imperative that you turn...
Excluding the other spouse in a divorce involving a business
Texas is a community property state. This means that if a business owner becomes involved in a divorce, the other spouse may be entitled to a portion. In order to avoid this eventuality, the owner may want to take certain measures to retain his or her interest in the...