Do You Need a Qualified Domestic Relations Order?
One of the more challenging aspects associated with divorce is the property division process. This is particularly true in high-asset cases. While most couples worry about what will happen with their marital home and vacation properties, they often don’t consider what will become of their retirement accounts. In some cases, each party has their own…
Read MoreWhen Should I Consider Updating My Will?
During the occasional neighborhood discussions, the subject of estate planning surfaces. You have a will and are content to know that you are prepared and have put your estate in order for your loved ones. You seem to be all set, and you tell your neighbors so, even though you created your will 15 years…
Read MoreHow Can You Make a Divorce Easier When You Have an Infant?
It’s true that the connections children make in their early years matter most in their development. They learn from their parents how to handle stress and react to stimuli. They are taught the very basics of survival as infants and as they grow into toddlers. If you and your spouse are divorcing when your child…
Read MoreHow Can You Lower the Cost of Your Divorce?
Divorce, as most people know, is expensive. According to the latest figures, the average cost of a divorce (with no children in the mix) is $15,600. When there are children involved, the cost goes up to $23,500. If that seems like an impossible figure to manage, take heart: Your divorce doesn’t have to cost that…
Read MoreWhat are the Benefits of Mediation in Divorce?
Getting divorced has a reputation of being extraordinarily contentious and stressful for all parties involved, in addition to the extensive amount of time that it takes to resolve. When a divorce can take months or longer to finalize, you work on your divorce every day is another dollar out of your pocket. Divorces cost an…
Read MoreDo You Have to Share Your Personal Injury Settlement Money in a Divorce?
In Texas, marital assets are considered community property and subject to 50-50 division if a couple divorces. That includes income and most assets earned or acquired by spouses individually during the marriage. Gifts and inheritances received by one spouse are a common exception, as long as they haven’t been commingled with marital assets. So are…
Read MoreWhat is a Medical Power of Attorney?
Estate planning covers many aspects of your future, not just what to do with your assets after you pass away. It’s more than simply writing a will. One of the documents that you may want to use in your plans is a medical power of attorney. Not everyone has one, but you should be aware…
Read MoreParents are Never Too Young for Estate Planning
If you’re a parent, the time to do your estate planning is right now. Many people who put it off will say that they’re still too young. They may be in their 20s or 30s and, despite having a new child, they assume they won’t have to pass any assets to that child for another…
Read MoreRemember How Life Insurance Fits Into Your Estate Plan
If you have a life insurance policy, it represents a significant asset that your heirs can use, despite the fact that you don’t have the money on hand at the time. While doing your estate planning, remember to consider how any insurance policies you may have will eventually fit into the scheme of things. Because…
Read MoreTexas Courts Encourage Teamwork for Parenting Plan Success
If you and your spouse are facing divorce, your primary concerns will revolve around the welfare of your children, and the court may order you to create a parenting plan. If the two of you cannot agree on key points, or if the plan you create is not in the best interests of the children,…
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