People who have recently been divorced or who are still going through the process will often make costly mistakes when filing their tax returns. The good news here is that the majority of those mistakes can be avoided if both parties to a divorce are willing to...
Occasionally in divorce cases that have already been settled, one of the spouses will request to reopen the case due to unforeseen financial setbacks. Very often these requests are for child support modifications or a revision of the division of assets after the...
In Texas and across the country, there are parents who cannot afford to pay alimony or child support. The reasons are varied: Some are unemployed, while others are incarcerated, disabled or underemployed. And some are millionaires.One of those is the chief executive...
Given the fact that approximately 50 percent of all first marriages end in divorce during their first two decades, a good number of couples, including some in Texas, are opting to test the waters first by living together before getting married.Once widely regarded...
Talking to an ex-spouse after a divorce can be difficult. Bitter feelings may not have subsided, and there may be disagreements on key issues. However, particularly if the custody of children is involved, communication can be extremely important.If communication...
We often look toward professional athletes, movie stars and other highly paid celebrities with envy and imagine what we would do with all their wealth. They seem to have everything they want, without the everyday financial burdens the rest of us face. But in reality,...
In most marriages, one person tends to handle the bills, the bank account and the budget, if there is one. When a marriage ends in divorce, it can be a scary wakeup call for the other spouse. That's especially true if the spouse who didn't monitor the finances is...
When people are preparing to marry, it is often in their best interest to draft a premarital agreement, particularly if they have a lot of assets. Nowadays, 60 percent of couples live together before marriage, compared to just 10 percent in the late 1960s. And many...
When the time comes to divide assets and property in a divorce, it can be tempting for the spouse who has more to lose to hide certain earnings so they aren't lost to the soon-to-be ex. This is neither recommended nor legal, but that doesn't stop some from trying.The...
When it comes to demonstrating to a judge that you deserve to be awarded child custody, involvement in your child's education tends to score a lot of points. This is especially true for fathers, who tend to make a more lasting impression simply because there are far...