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Is shared parenting better for kids?

As you go through the divorce process, you may forget about the unwilling participants that are going through the process with you. Children are simply along for the ride when it comes to child custody, child support and adapting to a new lifestyle as you go through a separation. Whether kids are forced to move into a separate home away from the other parent, or made to switch schools and make new friends, divorce can be extremely hard on kids of all ages. Although you may be headed for divorce, there are things you can do to minimize the affect these changes have on children.

Is your spouse hiding marital property?

When you are going through the divorce process, both parties are required to disclose all property and assets, allowing the judge presiding over the case to divide the marital property accordingly. However, some spouses may attempt to hide marital property and assets, only to reclaim them after the divorce is finalized. You deserve your half of the marital property and be on the lookout for the signs that your spouse is engaging in this deceptive practice.

Why you should be aware of marital property

If you are thinking of filing for divorce or you have already started filling out the papers, it is crucial that you are aware of how much marital property and assets you have. During a divorce, both parties are responsible for disclosing all property and assets, including homes, vehicles, antiques, lottery winnings, coin collections, life insurance plans and gifts, in addition to other things. In some cases, however, spouses may attempt to hide marital property so that it is not distributed in the divorce settlement. There are several ‘tricks’ spouses may use to divert assets and property away from the marriage, and then reclaim them once the final divorce papers are signed.

How is separate property handled in a divorce?

Have you recently filed for divorce or are thinking about legally separating from your partner? You may feel overwhelmed when faced with the many issues that must be settled in the final divorce papers. One of the most difficult may be that of separating property that you have accumulated during the course of your marriage. Contrary to what you may think, not all property is considered jointly owned and you may not have to divide some items in the divorce decree. Separate property is identified as property owned privately by either party before becoming married, and in some cases, this property may stay in the possession of the original owner, even in the case of a divorce.

What causes gray divorce?

When you recite the vows, ‘until death do us part,’ you may be planning on spending the rest of your life with your spouse. Yet, with over half of the marriages in the United States ending in divorce, you may end up filing for divorce. Surprisingly, the divorce rate among couples over the age of 50 is growing steadily, as reported by Bowling Green State University. The phenomenon known as gray divorce is shown in the fact that 600,000 people over the age of 50 filed for divorce in 2009, equating to one in four marriages. That number grew from one in ten marriages ending in divorce in 1990. Researchers predict that there will be more than 800,000 gray divorces by 2030.

What to keep in mind when dividing property

Texas, like several other states in the nation, is a community property state. This means that all marital property, or property and assets that are amassed during the course of a marriage, is evenly divided between the two divorcing parties. When categorizing property into community property or separate property, many people think of commonly shared items. These include the family car, home, furniture, retirement and savings. It is important that couples keep in mind all of the other items that are considered marital when negotiating their divorce settlement.

Can I still claim my alimony deduction?

If you are like most Texans, you have already filed your federal income tax return for 2017 and may even have received your refund. If you pay spousal support a/k/a alimony to your ex-spouse, you undoubtedly deducted those payments just like always. You may be wondering, however, if you can continue to do so in the future.

Are you married even though you had no wedding?

If you are living with someone in Texas, you may be married to him or her whether you realize it or not. As Unmarried Equality explains, Texas is one of the nine states that recognizes common law marriage whereby certain couples who live together are just as legally married as their friends who had a wedding.

What determines the best interests of a child?

The sad part of many divorces is that the best interests of children sometimes fade into the shadow of their feuding parents. When that happens, a Texas judge often has to compose a divorce judgment that offers the child the best chance at a good life. According to the Huffington Post, a judge may consider a child’s best interests in a number of ways.

Is divorce seasonal?

You may notice that during certain times of the year you hear about more people getting divorced in Texas than at other times of the year. Is this just a fluke or is there something here? Has it ever been shown that divorce is seasonal? 

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