The divorce rate has been stable for most age groups for a while. However, gray divorces involving older people, particularly over the age of 65, have doubled since 1990. As some Texas couples will experience, the financial aspect is more complex in gray divorce...
Hiding assets during a divorce
Property division negotiations often become contentious in high-asset divorce cases, and this is especially true in states with community property laws like Texas. Hiding assets during a divorce is both unethical and illegal, and spouses who engage in this type of...
Managing finances during a divorcing
Many divorcing spouses in Texas go through major financial difficulties. For some, dissolving a marriage takes time and resources. The first step is to adjust the budget after losing the salary a spouse provided. The assets one retains after a divorce can have a big...
Study finds emotional reasons key to divorce decisions
A study that appeared in the Journal of Sex & Marital Therapy suggests that the main reasons for divorce could be shifting away from issues such as infidelity or violence and toward a lack of emotional fulfillment. Texas couples may be more likely to end their...
How to handle social media and divorce
People in Texas who are getting a divorce may want to be cognizant of how they use social media. Information shared on social media could be used against a person during divorce proceedings. People should avoid disparaging a spouse, and if a divorce seems likely, they...
Protecting assets in a second marriage
People in Texas who are getting married for a second time may want to take steps to safeguard their finances and ensure that children from a previous marriage still receive their assets after their death. Both prenuptial and postnuptial agreements may be useful.A...
Divorce rates surge in the summer months
Divorce rates in Texas and around the country tend to rise sharply in March and August according to a study conducted by sociologists from the University of Washington in 2016. Experts believe that the biannual surge is caused by marital problems rising to the...
Lottery winnings are marital property, judge rules
Texas residents must be concerned about property settlements during a divorce. That concern is highlighted even more whenever one spouse suddenly comes into a significant amount of money. An arbitrator in Michigan recently ruled that a man must pay his wife nearly $15...
Realism in the court: divorce and job loss
In Texas and elsewhere around the country, no one wants to lose his or her job while in the midst of a divorce. Getting divorced is hard enough on the emotions without suddenly losing the prospect of earning a living. Plus, there is the question of how a family court...
USDA wants states to implement SNAP child support provisions
The Supplemental Nutrition Assistance Program helps almost 40 million people in Texas and around the country to meet their food bills. The rules outlining how the program is administered can be found in the Food and Nutrition Act and SNAP regulations, and they allow...