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Divorce Archives

Older couples and divorce: financial considerations

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 because there are usually more assets to negotiate.

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 behavior can face consequences ranging from an unfavorable property settlement and a contempt of court citation to criminal charges for fraud or perjury. The steps spouses take to conceal assets and cover their tracks are sometimes elaborate, and it usually takes the skills of specialists to identify them.

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 marriages because they no longer love or trust their spouses than in previous generations.

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 may want to consider removing people from their friends list who may cause problems. In general, locking down privacy is a good idea.

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.

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 forefront when spouses spend more time in one another's company. Divorce filings fall in September when children return to school and schedules go back to normal, and then they pick back up again during the holiday season.

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 million after he won more than double that while playing the lottery. The man was left with nearly $39 million after taxes and deductions, leaving his wife with slightly less than half of his landfall.

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 will look at the fact that the husband or wife recently lost his or her job. The court will question the person to find out why he or she is no longer working.

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 states to deny food stamps to noncustodial and custodial parents who are not willing to cooperate with state agencies that oversee child support. However, few states have chosen to implement the child support cooperation provisions.

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