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Houston Divorce Law Blog

For best outcome in divorce, keep emotions in check

Taking an objective approach makes the division of assets fairly straightforward. Unfortunately, when this activity takes place during the course of a divorce emotions are introduced into the process and it is often difficult to maintain objectivity. In turn, this could lead to one party giving away more than he or she could.

According to some psychology researchers, women are more likely to fall into this trap. This is because while men generally focus on task-specific goals, studies find that women on the other hand, tend to focus on interpersonal goals. As a result, a woman might give up assets in the course of a divorce in her quest to keep the relationship between the former spouses as good as possible.

Planning ahead the best way to keep inheritance in divorce

As a community property state, divorcing couples in Texas can expect that assets accumulated during the course of their marriage will be divided. While this may sound straightforward, determining just what assets fall under the umbrella of community property can be complicated.  For example, depending on the circumstances surrounding an inheritance that one of the spouses received, it is possible that there could be questions about how it should be regarded. To help make the matter clearer there are several approaches that might be taken.

Tips for approaching the division of a household in a divorce

Throughout the nation somewhere in the ballpark of around 1.2 million couples divorce each year. For many of these couples, selling the family home and divvying up the household assets is part of the process. This can be a difficult task and may lead to a great amount of emotion and arguing over who should get what. 

Marrying later in life? You might want to consider a prenup.

While individuals of all ages might benefit from having a prenuptial agreement before marrying, this may be most true for older members of society. If you think about it the reason behind this is probably clear. In many cases those who have lived longer have had an opportunity to build a greater level of wealth and assets than young people in their 20s. 

Working with lawyer a good idea when seeking alimony

One of the many matters than may need to be determined when a couple in the state of Texas decides to divorce, is whether alimony will be awarded. While there may have been a time when a stay-at-home spouse could expect to automatically be awarded spousal support, in addition to child support, this is no longer the case. Though it is possible that either gender could seek alimony, throughout the nation in 2010, 97 percent of the 400,000 individuals who received alimony were women. 

Do you need a forensic accountant in your divorce?

While it is true that some couples in the state of Texas who are divorcing are able to do so using the collaborative approach, for a variety of reasons this is not always a possibility and a case may need to go to court to be sorted out. One situation in which this could be true is when a couple has a complex financial portfolio.

As a result of the nature of a complex portfolio it can be difficult to divide during a divorce. Assets that may need to be divided in a situation such as this one include:

Many couples could benefit from collaborative divorce

If you are planning to divorce there are likely many things you are concerned about. While some divorces are acrimonious there is not a rule that requires that this is the way it has to be. For couples who are interested in ending their marriage in an amicable manner, collaborative law may be the way to go.

There are other reasons that this approach may be desirable to divorcing couples. One reason is that is takes less time. In addition it often ends up costing much less financially.

Deciding whether a prenuptial agreement is right for you

There are many things that need to be taken care of before most people marry. For those who are having a wedding with a party, the weeks and months leading up to the ceremony are usually full of tasks related to party planning. For some couples, other things are addressed as well such as how the relationship will change following the ceremony including who will perform certain chores and how finances will be handled.

A prenuptial agreement may be a part of what is discussed before marriage.

Financial matters to consider when divorcing

A divorce is more than just the end of a marriage. It is also the beginning of the next part of each spouse’s life. Accordingly, when a couple decides to divorce it is not uncommon for each spouse to hire a lawyer to help to guide them through the process. Since each spouse arguably has a lot on the line, particularly where financial matters are concerned, this is widely considered to be a wise approach. 

Tips on how to handle artwork in a divorce

As every couple is different, when divorcing it makes sense that the assets to be divided will vary from couple to couple. In some cases, in addition to the assets commonly held by couples, such as houses and cars, divorcing couples have artwork. Determining who will get the pieces, whether they are paintings, drawings or sculptures, can at times be a long and complicated process.

There are at least two factors at play in these situations. In addition to the sometimes great financial value of a piece, spouses may have developed an emotional attachment as well. To make this process go as smoothly as possible, there are a couple things that someone who is divorcing can do.

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