Our clients at the Law Office of Roland R. Esparza, P.C., often work hard to reach a divorce agreement with their former spouses. That is why we know exactly what the terms of a divorce mean — in a legal and a personal sense. For the majority of our clients, these documents represent hours of discussions and weeks of waiting.
Because stress affects each person differently, the feelings felt during a divorce can become incredibly complex. Not only does stress overshadow daily aspects of life that have suddenly changed; it can also become prominent during divorce procedures themselves. Matters can become especially difficult when children are involved. Regardless of the individual situation, the following three steps can help newly divorced Texans get back on track.
If you are filing for divorce in Texas, then there is something that happened with your marriage to cause it to end. There are many reasons why a marriage may end, but in any case, you have to go through a legal process to formally end the relationship. Until you have a court ruling, you are still married. When you do file for divorce, the Texas Attorney General, explains you have options when choosing the grounds for your divorce.
If you are interested in the process of obtaining a divorce in Texas, you have probably come across the idea of uncontested divorce. This option is available, under specific conditions, to married couples in the state. This type of divorce typically requires less time and fewer resources, and is therefore potentially desirable if you meet all the requirements. Even with the simplified process, legal advice may still be useful if you are considering using this option in certain circumstances.
While it may not be pleasant to think about, sometimes a divorce can have a dramatic impact on a Texas business if it is owned by both spouses. Sometimes a couple may have a lot of their wealth tied up in the business, which can result in the company being sold to make a settlement. A recent article by Marketwatch lays out possible ways you can protect a business you partially own from the consequences of a divorce.
When you go through a divorce, part of the process includes asset division. Some assets are easier to divide than others. For example, a car is easier to figure out than a business. If you have an ownership interest in a company, how do you distribute that? Will your spouse automatically get half of it?
You often hear stories of divorce cases in San Antonio devolving into bitter disputes that take years to resolve. Yet not all cases proceed this way. If you and your spouse are able to work through the issues surrounding the end of your marriage amicably, yours may qualify as an uncontested divorce. Such cases (which are also known as simplified divorces) are often able to be resolved much faster than a traditional divorce case, and with less paperwork and potentially fewer fees. However, your case must meet certain criteria in order to qualify.
Prenuptial agreements can offer peace of mind that you will be protected if your marriage dissolves, but mistakes made during the creation of the document can sometimes make the contract invalid. There are many different types of errors that can be made and might cause the document to be discounted by a judge.
When married couples who have been in business together in San Antonio choose to divorce, the issues of property and asset division (which can already be quite involved even in traditional cases) become that much more complex. Business assets now become marital assets, and the conduct of each party regarding their roles with their companies may be placed under a microscope. Any alleged improprieties on the part of one that adversely impact the performance of the business may end up leaving him or her liable for additional assets to be paid to his or her ex-spouse as compensation.
Those who come to see us here at The Law Office of Roland R. Esparza, P.C. as they prepare for their divorces in San Antonio often have their minds preoccupied with traditional divorce-related matters such as child support, alimony and property division. If this describes your current scenario, then your preoccupation is understandable. It is important to remember, however, to not overlook one other important aspect of your life that will most certainly be affected by your pending divorce: your life insurance. The Insurance Information Institute reports that 60 percent of all Americans are covered under some form of life insurance plan. Yet many forget to address this topic during their divorces.