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- Divorce as a Financial Transaction
Divorce proceedings are full of various different transactions, and many persons take the events emotionally and with serious intent. However, when the relationship has ended, and everything else remains the same, a divorce may become nothing more than a financial transaction.
- Is Adultery a Crime in Texas?
In Texas adultery is a ground for divorce in Texas. Texas laws take adultery into account when it comes to the dissolution of the marriage and can call for punitive damages for unfaithful behavior. Learn in Today's blog we examine whether Adultery is also a crime in Texas and whether other states treat it as a crime.
- How to Prove Financial Disclosures are False
There are complications that arise during divorce proceedings that often cause one of the spouses difficulty in obtaining the much-needed monetary assistance that he or she should be owed. This comes in disclosures of financial data.
- What is a Qualified Domestic Relations Order and When do I Need One?
During divorce, a couple may have to make decisions regarding retirement accounts and how to divide them. Qualified domestic relations orders deal with these accounts and can help the parties avoid unnecessary taxes or penalties.
- Options Regarding Spousal Support
In some marriages, the financial obligation to a spouse outlives the marriage. One spouse may be better off financially than the other spouse or one may have a higher earning capacity than another. In these cases, the court may try to create more equality between the parties by ordering spousal support, or alimony so that the disparity between their relative financial status is lesser.
- Dividing Retirement Benefits during a Divorce
In many cases, a personís retirement account is the most valuable asset that he or she has, even more valuable than a marital home. This makes this area ripe for argument between spouses. It is important when going through the process of divorce to make informed decisions. Many decisions can have a significant financial impact on the lives of the couple involved.
- Dividing Assets for Older Couples in Divorce
Older couples may decide to get a divorce for some of the same reasons as younger people. However, they may also have unique considerations that are not as prominent in divorcing involving younger couples.
- What Is Voluntary Underemployment and What Difference Can it Make in the Final Outcome of a Divorce?
Remember, an accusation of voluntary underemployment must be proven in court and it takes a well trained legal mind to know how to do this to the courtís satisfaction.
- Spousal Support: Distinguishing Fair from Reality
Spousal support is economic assistance that one spouse pays the other spouse. This amount can be determined by a court or by an agreement between the parties. However, spouses often disagree as to the amount and terms of spousal agreement. It is helpful for them each to explore the differences between what is fair from what is a reasonable outcome.
- Initial Considerations after Making the Plunge by Deciding to Get Divorced
Many people grapple with the difficult decision to get divorced for many months and sometimes years. However, once this decision is made, it is important to carefully take the next steps. Some initial considerations include: