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Posts tagged "divorce"

Plan for divorce by understanding your financial situation

From high profile divorces involving millions of dollars to low profile and low cost divorces, the rules in Texas law remain the same. Either the parties have to come to agreement on the equitable distribution of property, spousal support, child support and physical custody arrangements, or they will have to litigate over these matters in court. In other words, there is no royal road to divorce. Fortunately, at Lisa E. McKnight PC we specialize in Texas family law and know how best to help clients plan for divorce.

These jobs most likely to lead to divorce before 30

Texas couples know the strain that comes from work can make marriage more difficult. As MarketWatch notes, nearly 41 percent of first marriages end in divorce. Depending upon the career path a person chooses, there could be added stress, and a recent study shows that certain industries have more divorces before age 30 than others.

Olympic skater surprised by divorce filing

Michelle Kwan skated into hearts across Texas as a two-time Olympian, but reports say that her divorce has turned as cold as ice. As the Providence Journal explains, Kwan, who had been living apart from husband Clay Pell since November, learned of her husband's divorce filing from Twitter and a story in the New York Daily News. The documents, citing irreconcilable differences, were filed in California. Days later, Kwan filed for divorce in Rhode Island, where she has been living for the past year.

What causes parental alienation syndrome?

Texan parents who get a divorce have a lot to consider when it comes to raising their child, as divorces on their own can be quite traumatic. While some may feel that alienating their child from the other parent is the best route to go, you can actually cause more harm than good by doing so.

Former Spice Girl’s divorce include domestic violence allegations

Fans of the show “America’s Got Talent” across Texas have likely already heard about the messy divorce of former Spice Girl and current talent judge, Mel B (nee Melanie Brown) to Stephen Belafonte. The Los Angeles Times reports that Brown filed for divorce on March 23, 2016 and shortly after requested a restraining order due to allegations of domestic violence. The details of her divorce have been making headlines in the news due to salacious details including blackmail with sex tapes, an alleged explicit affair with the couple’s nanny, and the fact that there has been speculation for some time amongst Brown’s fans of an abusive relationship.

Social media prenups

Are you and your partner considering getting married in Texas? If so, have you talked about getting a prenuptial agreement? These marital contracts are rapidly gaining popularity among couples today so you would certainly not be alone in considering one. However, before you jump in, it is important for you to understand some of the different types of provisions that may be able to be included that you may not know about or automatically think about.

Handling your 401k after a divorce

Texas couples looking to divorce likely have several questions in mind. Some of them may revolve around finances, as untangling one person’s finances from another post-divorce can be tricky and complicated. For example, what happens to a 401k? Can it be protected, and if not, what happens to it?

Country legend on comeback trail with song about her divorce

One of the reasons that country music stars are so beloved is because they write and sing songs that their fans can really relate to. And one of the biggest names in the world of country music is making a comeback after years out of the spotlight. Shania Twain is about to release a new album, her first in 15 years. And one of her songs takes a personal approach to a familiar theme; the end of a relationship.

How much do you know about your marital assets?

Are you the spouse who had hardly any insight into the finances of a family who is now going through a divorce? You may feel that your exclusion from those details puts you at a disadvantage when it comes to the process of property division. Unfortunately, financial deception in Texas divorces is common, and the spouse who handled the family's cash flow, paid bills and was familiar with financial advisers may try to conceal cash, make up fake debts and expenses, and hide investments.