Category Archives: Divorce

Examples of complex factors to address in a high-asset divorce

If you and your spouse decide to take separate paths in life, it may be understandable to have concerns about how the subsequent process will unfold. Even if this is the best path forward, preparing to dissolve a marriage can be stressful under any situation, and you might face a multitude of difficult choices during this process.  If you possess…

Uncovering hidden assets by addressing red flags

While preparing to dissolve a marriage can be stressful under any situation, there may be certain types of issues that might only act to further complicate the situation. Identifying and valuing marital wealth may be an essential component to preparing to protect your future, but this can be somewhat complex at times, especially with the presence of hidden assets.  Uncovering…

The impact of financial infidelity in a gray divorce

Divorce among Texas couples aged 50 and older has become increasingly common in recent years. One crucial issue that often surfaces in gray divorces is the act of hiding or misrepresenting financial information from a spouse. This act is known as financial infidelity and understanding the implications of such behavior is essential for those going through a gray divorce. Forms…

Special needs children and divorce

Divorce is a taxing experience for all family members, but when a child with special needs is involved, the situation can become more complex, requiring additional support and resources. For Texas couples going through a divorce, making the right decisions is crucial for the future of their special needs children. Legal considerations Legal considerations during a divorce may include custody…

Why gray divorce can become a financial hardship

Gray divorce has increased exponentially in Texas, doubling for couples 50 and older and tripling for those over 65. While some may believe their age will protect them from financial hardship after the split, a gray divorce can become the perfect financial storm if both spouses are careless about their marital assets. Gray divorce is more complicated The older you…

Divorce and taxes [VP1B]

Divorce involves both parties seeking agreements associated with the termination of their marriage. Sometimes, pressing problems in the relationship may divert focus away from other aspects that require consideration during divorce proceedings. Matters related to taxation could be among them. Both spouses may need to review the tax implications of divorce proceedings in Texas. Taxation and divorce Not every consideration…