Besides taking an emotional toll on the children, a divorce can get messy as some spouses try to hide their assets to protect them during the asset division process. This case is especially prevalent in high-net-worth divorces. But how will you know that your spouse...
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Wait! You can’t post that on social media when you’re divorcing
Maybe you’ve already been warned about the dangers of using social media while your divorce is proceeding, but the idea of shutting down your accounts from now until some unspecified future date is out of the question. How do you post and still protect yourself from...
3 tips for a child-centered divorce
When you file for divorce, you have a lot to think about. For example, you must consider property division, plan for your financial future and more. However, you should not lose sight of your children. Divorce affects all children differently; however, it is usually...
Community property state – What does it mean?
Property division is crucial in a divorce. You want to protect your assets while being fair to your spouse. Texas is a community property state, which means, in most cases, property or money obtained during a marriage belongs to both spouses. Thus, anything garnered...
When the arguments stop, is divorce imminent?
Over the last year, you’ve gotten used to having a lot of conflict in your relationship. It seems like you and/or your spouse are always picking fights. Maybe little things that you used to work out together are suddenly causing arguments. However, there comes a day...
Creating an effective co-parenting plan
Co-parenting can be a challenging experience, especially if you and your ex-spouse don't always agree on what’s best for your children. Creating an effective co-parenting plan can help reduce stress for everyone involved. Here are some tips for creating a plan that...
What does having supervised visitation mean?
Supervised visitation of children isn’t as uncommon as you might think. Courts can mandate that a parent’s “possession and access” to their child be supervised for a number of reasons. Generally, it is because there is a history of neglect, substance abuse, violence...
Got a lot to divide in a divorce? Avoid these mistakes
Have you ever heard the phrase, “more money, more problems?” It’s an acknowledgment that the more you have to lose, the harder it can be to protect what’s rightfully yours. This is particularly true when you’re going through a high asset divorce. The more that a...
Think twice before selling the house in the divorce
For a lot of divorcing couples, the biggest asset they have – and the hardest to settle in the split – is the family home. You basically have three possible options: You can sell and split the proceeds, one spouse can buy out the interest of the other at fair market...
Should you close a joint bank account during a divorce?
If you get a divorce, one piece of advice that people will sometimes give you is to close your bank account. They may tell you that you want to make sure that your spouse doesn’t empty that account and take all of your money, for example. It also may simply be a...