A new study has revealed that baby boomers are three times more likely to divorce than couples in their younger adult years. The surprising statistic has inspired more research into just why these gray divorces are happening throughout Texas and the rest of the...
How to allocate retirement accounts in a divorce
Anything that is acquired during a marriage is community property according to Texas law. This means that you will be entitled to roughly half of the value of a 401(k), an IRA or another retirement account that your spouse contributed to during the course of a...
Could having children lead to higher divorce risk?
Texas parents who are struggling with their marriages may wonder if having children increases their risk of divorce. While some studies support this idea, the answer is more complex. Children and divorce According to some studies, a couple may be more likely to split...
Could your former spouse be hiding assets?
Texas couples who have found themselves in an estranged marriage may prepare to undergo the process of a divorce. When this happens, all marital assets will need to be reported, valued and split up between both spouses. Unfortunately, an estranged spouse may try to...
Why you may need life insurance in your divorce agreement
If you are going through a divorce in Texas and alimony or child support are involved, you may also want to talk about life insurance. This will mean that even if something happens to the person who is paying support after the divorce, money will still be available to...
Are second or third marriages more likely to end in divorce?
You've been burned a few times before, but now you've met the person you want to spend the rest of your life with. You think having extra experience from being married previously makes it less likely that you'll get divorced, but is that true? Why second marriages...
Is alimony necessary?
Although alimony is an imperfect system in Texas, it helps divorced individuals support their former spouses when they would have a hard time supporting themselves. Over time, it has undergone an array of improvements and revisions made by the family justice system...
The importance of QDROs in divorce cases
Divorced spouses in Texas and around the country are sometimes surprised to learn that a court-approved divorce settlement is not sufficient to divide retirement funds. Federal law stipulates that employer-sponsored retirement plans can only be divided in a divorce if...
Common issues couples face that could lead to divorce
Many married couples face issues throughout marriage, but irrevocable problems could lead to a divorce. Spouses in Texas, and around the world, often argue about the same problems and experience similar conflicts. Never agreeing A very common issue in marriage is...
Factors to consider before taking a divorce to trial
A divorcing couple in Texas may choose to settle their case amicably or take the action to a trial. The latter option may be tempting for those who feel that they were especially wronged by their partner. Before making that decision, however, one should be aware of...
