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November 2017 Archives

Financial matters can be major concerns during divorce

Spouses in Texas dealing with the end of a marriage may be beset by emotional concerns; however, financial concerns and questions can loom just as large for people heading toward divorce. This is especially true as a growing number of couples opt for divorce at older ages with potential impact on the retirement and savings plans of both spouses. Since the 1990s, divorce rates for people over 40 in the United States have risen; for those over 50, the rates have doubled.

Staying together unhappily versus ending the marriage

Couples with young children may have to think about more than which spouse keeps the house and the cars when they begin to contemplate getting divorced. Many Texas couples choose to stay together for the sake of their children. However, in some cases, it's better for the children if the parents end the marriage and move on. However, there are a few things for parents to consider.

Why divorce happens

The Centers for Disease Control and Prevention reports that 22 percent of couples in Texas and the rest of the nation who have been married for five years will undergo some type of marital disruption. For marriages that have lasted for at least two decades, the percentage of marriages that will end jumps to 53 percent. For the couples who get divorced, the primary reasons they choose to do so seem to be prevalent among divorced couples.

Divorce doesn't have to mean separation from children

When heading into a divorce, a Texas father's greatest fear may be losing his connection with his children. Going from being part of one's children's daily lives to seeing them only part-time can be emotionally difficult as well as logistically draining. In fact, concerns about access to children can keep many parents in relationships long after they would have chosen a divorce otherwise. However, there are mechanisms to help to ensure that the parent-child relationship remains fully intact despite a marital split.