Many Texas readers may think that it is common knowledge that half of all marriages in the United States end in divorce. However, according to recent media reports, there are statistical indications that the divorce rate has been declining for severa...
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What to expect at the final divorce hearing
Couples in Texas who are going through a divorce for the first time may wonder what to expect on the day their divorce will be granted. The answer depends on several things, including whether they have been able to reach agreements regarding such thi...
Read MoreGrounds for divorce in Texas
Like many states, Texas still allows divorce to be based on the fault of one of the parties in addition to granting no-fault divorces. Of the seven grounds recognized for a Texas divorce, only insupportability is the basis for obtaining a no-fault di...
Read MoreServices a forensic accountant can provide
Texas is a community property state. This means that in most cases, all property is acquired during the term of the marriage is considered to be equally owned by both spouses. This also applies to debt that the couple takes on. In a divorce, all comm...
Read MoreRushing a prenuptial agreement can lead to problems later
Texas couples with high assets may choose to get a prenuptial agreement to protect their interests in the event of divorce. However, these agreements are not always iron-clad and may be voided in some situations. One problem that people may face is w...
Read MorePrenuptial agreements becoming more acceptable
Like others around the world, Texas couples who exchange wedding vows usually intend for them to last forever. However, with many marriages ending in court-issued divorce orders that can do more harm than good, it is becoming increasingly apparent th...
Read MoreHedge fund billionaire files for divorce after 11-year marriage
Texas couples considering divorce might be interested in a recent case involving the founder of a renowned hedge fund firm in Chicago, who filed for divorce from his 43-year-old wife on July 23. The 45-year-old man cited 'irreconcilable differences,"...
Read MoreNegotiating property division in divorce
Many couples in Texas struggle with dividing their residential property amicably while negotiating a divorce. Buying a spouse out of the property may prove to be difficult if both parties can't agree on terms due to individual equity and debt agendas...
Read MoreSocial Security and retirement accounts for older divorcees
Statistics show that men and women in Texas have recently started getting more divorces later in life than before. For example, 50 years ago only two percent of men and women between 65 and 75 were divorced. Now, the rate is 11 percent for men and 15...
Read MoreDivorce fees awarded to Frank McCourt’s legal team
Texas couples contemplating divorce may want to consider the ramifications of settlement terms and language. A case involving former Los Angeles Dodgers owner Frank McCourt and his ex-wife is an excellent example of this issue. Their divorce settleme...
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