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Preparing to Divide Marital Assets in Anticipation of a Texas Divorce

Posted on in Divorce

dallas divorce lawyerThere are only nine states in the U.S. that are classified as “community property states.” Texas is one of them. The primary feature that distinguishes the community property approach to divorce is that it broadly entitles each spouse to 50 percent of the marital assets in the event of divorce. This system values predictability and the guarantee of equal asset distribution in virtually all divorce cases.

If you are preparing for a divorce in Texas, it is important to understand how the community property system works in practice. That way, you can both avoid common missteps that individuals often make when negotiating or litigating the terms of their divorce. Additionally, you will be able to set realistic expectations for this process, which will allow you to start planning your future with greater confidence and a more informed mindset.

Process and Priorities

The 50/50 marital property split that Texas law requires does not mean that each individual asset must somehow benefit each spouse equally. All of the marital assets that a couple has acquired together form a broader marital estate. It is the overall value of this marital estate that must be divided evenly during the divorce process.

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Keeping Costs Low When Filing for Divorce in Texas

Posted on in Divorce

dallas divorce lawyerFilm and television programming generally portray divorce as a contentious, stressful process. However, while the emotional aspects of ending a marriage can be truly devastating, the legal side of ending a marriage does not have to be.  

Nowadays, the majority of couples in Texas do not divorce via a “courtroom showdown.” Instead, they work with each other and their attorneys – and sometimes, a third-party mediator – to resolve their differences without judicial intervention. Taking this kind of cooperative approach isone of the most effective way to keep legal costs – and the stress levels of everybody involved – relatively low as a couple works to dissolve their marriage.

Recognizing Your Power

In a divorce scenario, each spouse decides what their priorities are. Whether those priorities consist of remaining in one’s marital home or making one’s ex utterly miserable, they will largely dictate the process and its outcome. If keeping your legal costs low is a priority for you, you will want to consider two primary realities when adjusting your other priorities to facilitate this goal.

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How to Help Children Deal with Divorce

Posted on in Divorce

TX divorce lawyerUnfortunately, divorce can traumatize a child to the point where they may be dealing with the aftereffects of the divorce for decades or their entire lives. In many instances, a child may struggle to understand why their parents are divorcing and how their lives will change. Remember that it is essential to prioritize your child’s emotional well-being and provide them with the support they need to help cope with this difficult time. Recently, we wrote a blog detailing coping mechanisms for an adult going through a divorce. Today, we will discuss tips on helping your child cope with the divorce.

If you are getting a divorce and are concerned with how it may affect your child, contact a divorce attorney with experience working with families with children. Their legal guidance and emotional support may be essential to navigating this difficult time.

Tips on Helping Your Child Cope

Here are some tips, including:

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Tips on How to Cope with Your Divorce

Posted on in Divorce

TX divorce lawyerIt goes without saying that divorce can be a deeply traumatic experience. Regardless of whether your marriage was a long one or a shorter one, the idea of divorce can send even the most even-keeled person reeling. As with many upsetting experiences, people who have gotten a divorce may feel emotional reverberations for months or even years following the conclusion of divorce proceedings. This begs the question: what is the best way to cope with getting a divorce?

There is no one-size-fits-all when it comes to dealing with your divorce. However, there are coping strategies that should be kept in mind to help get you through this challenging period in your life. Today, we will discuss tips on coping with your divorce and moving on with your life. But first, if you are getting a divorce, consider contacting a compassionate yet aggressive divorce attorney who will zealously represent you and your best interests.

How Can I Cope with My Divorce?

There are many ways to cope with your divorce healthily and constructively. Here are some tips:

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What to Know if You Are a Legal Professional Seeking a Divorce in Texas

Posted on in Divorce

TX divorce lawyerIf you are a legal professional, you know all too well how important it is to retain high-quality legal counsel during divorce proceedings. Depending on your field of law, you may be aware of the laws pertaining to divorces in Texas, such as the requirement that divorcing spouses must equitably divide their community property. You may also be mindful that spouses who earn less than their partner may be eligible to receive spousal maintenance. Whatever the case may be, as a legal professional, you are likely aware that obtaining a satisfactory result, in any case, relies on executing and implementing an effective strategy while also knowing the law.

Getting a divorce is a stressful proposition for anyone to undertake, especially someone as busy as a legal professional. Therefore, if you are getting a divorce, consult with a divorce attorney who has represented legal professionals in the past and has obtained favorable results for clients. That way, you will be able to devote your time and energy to practicing law while your attorney works in the background to help ensure that a favorable outcome is achieved in your case, allowing you to move on to another chapter in your life.

What to Know About Protecting Your Income and Assets

Since legal professionals like yourself are compensated well, you likely understand that a lot is at stake if you are to get a divorce. It is essential to remember that unless you and your spouse have a prenuptial agreement, it may be difficult to protect all of your income and assets. Texas adheres to something referred to as a “community property” law, which entitles both spouses to an equal share of property obtained during the marriage. Texas courts try to divide spouses’ community property in a way that is fair and equitable. Furthermore, the court will look at the standard of living during the marriage and other factors concerning spousal maintenance. The law does not require an equal division of post-divorce income; however, the law will usually require spouses who earn more money to provide financial support to their ex-spouse.

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