When a Texas couple divorces, one of the most complicated and often contentious issues that will be part of the proceeding is how much alimony - referred to as maintenance in Texas law - one spouse will pay the other. There are many different issues that will go into determining how much, if anything will be paid. Understanding how the law views this is important when going through a … [Read more...]
Am I eligible to receive spousal maintenance after my divorce?
Alimony, or spousal maintenance as it is called in Texas, is a periodic payment made from one spouse to the other and generally comes from the paying spouse’s income. Texas residents may be aware that when a marriage comes to an end a spouse may be eligible to receive alimony from their soon to be ex-spouse. This is particularly true if the receiving spouse does not have enough property at the … [Read more...]
File your taxes under the right filing status
While another tax season has come and gone, another tax deadline will be upon us before we know it. During the time in-between, events may occur that will further complicate the process of filing, one being divorce. There are many questions that pop into one’s mind, including how does one decide which status to file under-married filing jointly or single and who claims the children as exceptions? … [Read more...]
Property division rules in Texas
There are lots of difficult decisions that must be made when a couple decides to end their marriage. After child custody matters, perhaps the most important is deciding how to divide property amongst the divorcing couple. However, the couple’s choice is not the only deciding factor-where a couple decides to divorce is also important. Some states follow the equitable distribution rules whereas some … [Read more...]
TX property division: alimony issue in heated billionaire divorce
Although many couples initially wish to end their marriage amicably, that does not mean that disagreements will not come up. Sometimes, these disagreements can become so heated that they lead to a particularly contentious divorce. Texas residents may be interested to hear that the divorce between billionaire and hedge-fund manager Ken Griffin and his wife has turned bitter. Griffin’s wife … [Read more...]
Divorced couples may want to consider a ‘pet parenting plan’
Many Texas couples going through a divorce will have to sort out things like child custody matters, property division and alimony payments. But, what happens when both spouses are unwilling to part with the family pet? Couples who own a pet may want to consider a "pet parenting plan" after divorce. Legally, pets are considered property, and the court cannot determine a "custody" ruling for … [Read more...]
Does social networking online lead to divorce?
Marital problems have probably existed since the beginning of time, with couples arguing over many issues such as finances and child rearing. Some Dallas couples may be able to resolve these issues and treat them as hurdles that they have overcome in their marriage, whereas others might find these hurdles too large to surmount. For them, may become the best option to move forward with their … [Read more...]
Organize finances carefully during divorce
When Dallas couples consider divorcing one another, there are a lot of things they usually have to consider, such as child custody, alimony and property division. Many times, one spouse is in charge of the financial matters and when that spouse gives the other one financial information, he or she believes it at face value and does not personally check into matters. However, as the case of one … [Read more...]
When might a third-party expert help during a Texas divorce?
Choosing to have the assistance of a Dallas divorce attorney on your side is prudent whether a couple chooses an adversarial or collaborative approach. While an attorney has the legal knowledge to protect clients, legal training doesn’t automatically come with an expert degree in the fields of business, finance, real estate or other specific vocations. In a Texas divorce, there are some cases … [Read more...]