Getting divorced in the middle of retirement can have a major impact on a retirement plan. The retirement assets might have to be divided between the two parties. In addition, one of the spouses may have to pay alimony, particularly if the marriage lasted a long time. Here are important to steps to protect one's best interests during a Texas divorce that happens during retirement.
Many households in Texas include married couples where one person is a U.S. citizen and the other is not. In fact, many immigrants use their marriages as bases to apply for green cards. Sometimes, the U.S. government suspects married couples of fraud, meaning they entered marriage for the sole purpose of helping the non-citizen spouse obtain permanent residency in the United States. Couples whose relationships are legitimate may also still encounter legal status challenges, especially if they later divorce.
When two people in Texas decide to get divorced, they may think about how the process will impact all parties involved. This is particularly true for those with young children. However, taking a couple of key steps may help them to approach the divorce process with confidence from day one.
When two people in Texas decide to get divorced, it is not uncommon for one party to fear that the other party is hiding assets. Unfortunately, many spouses do not know where to start when it comes to discovering concealed community property. Here are a couple of red flags that may indicate that a soon-to-be-ex is hiding assets that are subject to division during a divorce proceeding.
The process of getting divorced no doubt comes with many challenges. This is particularly the case in situations where those who are getting divorced have young children. However, a few tips may help people to make the divorce process easier for themselves and their families in Texas.
Ending a marriage can have major financial and emotional implications at any age. However, individuals who are 50 years old or older may especially find divorce to be challenging. Here is a look at why divorce at an older age poses unique challenges in Texas and elsewhere.
When two people in Texas decide to get divorced, they may understandably be overwhelmed by the many changes that will come their way. One of these changes is transitioning from a two-income household to a single-earner household post-divorce. However, understanding their credit situations early on can help divorcing individuals to make the wisest financial decisions possible during the divorce process.
The often hectic summer months can quickly take a toll on an already struggling marriage. In light of this, unhappy spouses in Texas and elsewhere may decide to finally pursue divorce during the month of July. Some tips may help them to be prepared for the process starting from day one.
The process of getting divorced can be difficult to figure out for those with large amounts of debt. When it comes to student loan debt in particular, people who are going through divorce may wonder if they will have to cover the debt themselves or if their future exes will be responsible for it as well. Here is a look at how student loan debt is handled during divorce.
The process of getting divorced can be difficult for any person in Texas. However, divorce can be particularly challenging for spouses who are not comfortable with managing investments and other financial assets. Here are a couple of steps that divorcing spouses who are in this situation can take to help themselves.