Divorce

More and more women in Texas may be required to pay child support and alimony. A survey of the American Academy of Matrimonial Lawyers found that more than half of lawyers said they had seen an increase in women paying child support in the past three years. In...

Alimony has been a tax-deductible expense for those who pay it and taxable income for those who receive it since 1942, but these rules will not apply to divorce agreements executed starting in 2019. Under the provisions of the Tax Cuts and Jobs Act, spouses who pay...

Some Texas parents who are getting a divorce might wonder whether it will affect their ability to continue saving for their children's college education. Since two households are more expensive to maintain than one, parents and children may need to revise their...

Texas parents who get a divorce can seek creative solutions for child custody arrangements that best suit them and their children. When one parent is the custodial parent and the other has visitation rights, one typical arrangement is for the noncustodial parent to...

Divorce rates continue to rise for Texas couples over the age of 50. Unfortunately, many of these exes are affected by a severe lack of financial preparedness. A recent study shows that women are more likely to find themselves in this position since most wives over 50...

Texas parents who are worried about how their children will adjust to a divorce can do certain things that may make the process less difficult for them. They should encourage them to move ahead with their lives and should also encourage their relationship with the...

When couples in Texas decide to get a divorce, they might want to separate their joint accounts and open new personal accounts. In addition to beginning to divide assets, this can allow people to put away money to pay for a divorce if necessary.People who do not work...

Payroll professionals and companies in Texas can have an important role to play in improving government efforts to collect unpaid child support. Because delinquent support can wreak havoc in the lives of divorced parents and their children, obtaining these funds is a...

Many couples in Texas have worked hard all of their lives to establish their retirement accounts. If divorce becomes inevitable, the potential impact to both parties' financial security and future can be massive. This is one reason why 62 percent of family law...

For parents in Texas going through a divorce, there can be several key points of contention, including child support assessment and the child custody plan. While divorcing parents are struggling to be close to their children in many cases, parents in other cases...