Sharing finances can unintentionally bind your credit score to your spouse in a way. If you choose to divorce, it could take time to establish your own credit again. Careful monitoring of your finances can help you avoid missteps that might further complicate your...
As a parent who owes child support, you need to understand that there are serious consequences associated with falling behind on your payments. In addition to losing your driver's license, you could face time behind bars due to back support. In fact, you could also...
Texas is a community property state, but the division of marital property in your divorce will not necessarily be a 50-50 split. What factors will the court consider when determining how to divide your property? About community property Texas is one of nine states...
Going through a divorce can take its toll on you, but your children still depend on you for care and comfort. Your children will handle your divorce differently depending on their ages and maturity. While you may need to customize your approach for each child,...
Settling a divorce can feel overwhelming and complicated. You may fear arguing with your ex in front of a judge or creating a bigger rift in your family. Fortunately, you have many options for settling. According to U.S. News, one option is mediation to settle a...
College savings plans give families a tax-free, interest-bearing option to save for their child’s higher education. However, divorcing spouses might overlook these savings accounts when dividing assets. Why are 529 plans different than other assets in a divorce?...
Divorce in Texas includes dividing a couple’s marital debts and assets. As noted by Realtor.com, if an individual wishes to take ownership of a shared home after a divorce, it generally requires a new mortgage. The division of assets during a divorce may, however,...
While you will face lots of tough situations when going through a divorce, none are as challenging as those involving your children. Co-parenting with your ex will come with lots of ups and downs, and you must handle these conflicts reasonably to protect yourself and...
If you plan to bring your marriage to an end, you have many different issues to think about. First, you need to look at your individual circumstances, whether you have kids and worry about a custody dispute or you have a high net worth and have concerns about property...
Making the choice to divorce can cause you to reevaluate your life, especially if you are nearing retirement. Gray divorces typically bring with them a set of different challenges than divorces between younger couples. Learning about what those differences are can...
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