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Posts tagged "property division"

The cost of getting divorced

In every state in the country including Texas, every day there are couples that make the difficult decision to get divorced. During the process of divorce, many practical issues arise that must be faced while also managing personal emotions. These can include child custody and associated visitation plans, child support and spousal support. Other divorce legal issues pertaining to property division determinations can be affected by the existence of prenuptial agreements.

High asset divorce advice

Texas couples who face a high asset divorce have special financial concerns added to their list of challenges during this very difficult experience. Certainly those people with minor children must still wrestle with the emotions that surround child custody and visitation plans and the resulting loss of time with their children just like people in a non-high asset divorce. All couples getting divorced can benefit from financial guidance but the greater the asset levels, the more important it is to tread carefully at this time.

High asset divorce advice

Texas couples who face a high asset divorce have special financial concerns added to their list of challenges during this very difficult experience. Certainly those people with minor children must still wrestle with the emotions that surround child custody and visitation plans and the resulting loss of time with their children just like people in a non-high asset divorce. All couples getting divorced can benefit from financial guidance but the greater the asset levels, the more important it is to tread carefully at this time.

Divorce differences at each stage of life

Like a couple anywhere in the United States, a married couple in Texas can face the potential for a divorce at any point in a marriage. Whether together for a few months, a few years or a few decades, problems can mount to the point where one or both partners determines that staying married is not the choice to make. Every divorce carries with it a unique set of circumstances and those can sometimes be associated with the phase of life that people are in when they get divorced.

Divorce differences at each stage of life

Like a couple anywhere in the United States, a married couple in Texas can face the potential for a divorce at any point in a marriage. Whether together for a few months, a few years or a few decades, problems can mount to the point where one or both partners determines that staying married is not the choice to make. Every divorce carries with it a unique set of circumstances and those can sometimes be associated with the phase of life that people are in when they get divorced.

Irrevocable trust may provide asset protection in a divorce

Divorcing couples in Texas must wrangle with many decisions when navigating through the end of a marriage. Whether a high asset divorce or otherwise, property division is commonly one of the most hotly contested portions of many a divorce. In some cases, identification of separate and marital property may be clear but that cannot be counted on. Prenuptial agreements can be effective means of simplifying decisions about property division during a divorce but many couples do not have such contracts in place.

Irrevocable trust may provide asset protection in a divorce

Divorcing couples in Texas must wrangle with many decisions when navigating through the end of a marriage. Whether a high asset divorce or otherwise, property division is commonly one of the most hotly contested portions of many a divorce. In some cases, identification of separate and marital property may be clear but that cannot be counted on. Prenuptial agreements can be effective means of simplifying decisions about property division during a divorce but many couples do not have such contracts in place.

Receiving assets not always best in a divorce

Any San Antonio resident who has experienced a divorce knows just how difficult it can be. The range of emotions coupled with the seemingly unending list of decisions to be made can be a test to any person. For families with small children, issues about child custody, visitation plans, parental relocation and child support can take center stage. Financial issues concerning property division and asset distribution during a divorce can also have long-lasting effects.

Receiving assets not always best in a divorce

Any San Antonio resident who has experienced a divorce knows just how difficult it can be. The range of emotions coupled with the seemingly unending list of decisions to be made can be a test to any person. For families with small children, issues about child custody, visitation plans, parental relocation and child support can take center stage. Financial issues concerning property division and asset distribution during a divorce can also have long-lasting effects.

All support is not equal in the eyes of the IRS

A divorce is known to be one of the most emotionally and psychologically challenging events that a person can endure. Many a San Antonio couple can attest to this, having weathered such experiences themselves. Every divorce is unique by nature. Some couples must work to find agreements on child custody and visitation plans while others have to face other divorce legal issues such as prenuptial agreements. Regardless of the situation, the financial impact of a divorce is typically a concern to all couples.