Divorcing couples often ask if they will later be able to modify the terms of their settlement agreement. The answer is not an easy one and is both yes and no, depending on what portion or portions of the order the person wants to modify. Petition to Modify Only the court can issue an order modifying the terms of a divorce decree. If you need a modification, you must file a petition with the … [Read more...]
Property Division in Divorce
Property division in divorce can be complicated. How the courts divide the estate depends on the type of the property involved and when or how it was acquired. Particular attention must be given to division of real estate and retirement plans. The court must also determine which property is marital property and which is separate property. Marital Property Versus Separate Property Separate … [Read more...]
Understanding property division principles and process helps
When a couple is divorcing, their assets are divided according to equitable property division rules. The complexity of the process can vary by the number and nature of the assets involved in the divorce process. Understanding the property division process and how it works can lend itself to a smoother divorce process which can save time, money and acrimony for the parties involved. In addition … [Read more...]
How long does divorce take?
It is often not easy to decide to put an end to one’s marriage, but once Texas residents make the decision they may want the whole process to be over as soon as possible so they can begin to move on. Therefore, their first question may be about the estimated time it will take for their divorce to become final. Unfortunately, there is no clear-cut answer to this question. A number of … [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...]
Financial preparations are key to a healthy divorce
Sometimes, unhappily married people in Texas reach a point when they can’t take any more. They want to file for divorce and end the marriage as soon as possible. Unfortunately for them, divorce can take time and work. It can also take a fair amount of preparation - but taking the time to do it properly can make a big difference. While the end of a marriage can be a highly emotional … [Read more...]
Griffith seeking divorce, spousal support from husband
Eighteen years of marriage may not sound like a lot to Dallas residents but for most Hollywood couples, 18 years is nearly an eternity. This is how long actors Antonio Banderas and Melanie Griffith were married before Griffith filed for divorce late last month. According to the divorce petition, the reasons for the divorce are irreconcilable differences. The two first worked … [Read more...]