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Sugar Land Divorce Law Blog

When debts become marital property

The end of a marriage is a tricky time for some spouses. Couples not only transition from a married life to a single life, but they also oftentimes go from a two-income lifestyle to a single income. Finances can be a huge issue for divorcing spouses, and ensuring your financial wellbeing post-divorce is an essential task to complete. This means understanding the property division process and how it could impact the settlement reached in your dissolution.

While assets and property are emphasized in the property division phase of divorce, this is not the only type of finances that should be noted. Debts can be a huge factor in divorce, and even if you are not the initial owner of a debt, this debt could be assumed to be marital property. Thus, you could face some debt liability when it comes to your ex-spouse's student loans, car loan and credit card debts.

Co-parenting plans must be flexible during the school year

Fall brings with it a certain freedom for parents. Children head back to school, allowing parents to work full time instead of caring for the kids or to simply attend to household needs without any distractions. For divorced or divorcing parents, however, the beginning of the school year can put a lot of strain on a co-parenting plan.

Shared custody and co-parenting is typically in the best interests of your children. With the exception of situations such as drug or alcohol dependence or physical, emotional or sexual abuse, it's almost always best for kids to have ongoing, strong relationships with both parents. With so much open schedule time in the summer, it's easy to arrange. The more densely-scheduled time of the school year can easily strain even the most cordial co-parenting relationship.

Decisions made by divorcing parents

No couple enters a marriage or starts a family with the idea that they will not remain together. Unfortunately, roughly half of all marriages end in divorce, meaning some Texas parents must face the reality of spending less time with their children. Although there are countless vital decisions that must be made during dissolution, those decisions focused on the child or children are imperative.

Divorcing parents need to focus on three issues. These include: custody, visitation and financial support. Understanding how these factors could be addressed, can be helpful for parents during and after the divorce process. This not only helps them reach a resolution, but also equips them with the information necessary to resolve any future problems.

How can women improve their post-divorce finances?

Many things come to mind when Texas couples think about divorce. This often involves heated disputes, fights over property and assets, disagreements about child custody and support, and the inability to get along during and after the process. Although ending a marriage can be a very emotional conflict, this does not mean that spouses cannot take action to reduce these hardships. This is especially true for those worried about finances during their post-divorce lives.

How can women improve their post-divorce finances? Although women no longer always take the role of primary caregiver, foregoing a career in the work world, divorce tends to hit women harder, even when they are in the workforce and immersed in their careers. Because marriage has the tendency of offering financial advantages, women are likely to quickly acclimate to and rely on these conditions.

Know what to expect when you first meet your divorce lawyer

When you made the decision to divorce, it was still this abstract idea. However, now that you are ready to set up a meeting with a Sugar Land divorce lawyer, it has become very real. You may be feeling nervous or tense about the meeting with an attorney for the first the time, and in that you are not alone.

The idea of meeting with any kind of attorney can be a bit overwhelming for most people. Fortunately, by doing just a little bit of research, you can find some tips to help you get through that first meeting. Knowing what to expect will help you feel more relaxed, perhaps prompt you to write down a list of questions, and have some answers available for your attorney. Read further to find out more about what you can expect during your first sit-down with a divorce attorney.

Financial implications during property division in a grey divorce

Whether you have been married for a several months, or several decades, no one gets married with the idea that his or her union will end in divorce. Nonetheless, divorces can happen at any length of marriage, even when a couple is close to retirement age. Thus, based on the age of the spouses, some divorcing couples in Texas and elsewhere have to deal with more complex problems than others.

Reaching a property settlement during dissolution is not always an easy task to complete. Oftentimes, property division is the most contentious divorce issues, causing some divorces to drag on due to spouses battling over certain assets or properties. For couple 50 and older, this means sorting through years of property accumulated before and after the marriage, causing some difficulties when it comes to determining what is separate property and what is marital property.

Resolving Texas property division disputes

The divorce process requires spouses to consider a wide variety of factors. Many of these decisions are overwhelming; however, they are necessary to complete the process and to avoid post-divorce issues. One of the most contentious divorce issues is property division. Because it is tough to part with certain assets and property, divorcing spouses often find themselves in a battle over who gets what in the termination.

While a prenuptial or postnuptial agreement is likely to detail what is considered separate property and what is marital property, these legal documents are not always included in a marriage. Thus, many divorcing couples are left to their own devices when it comes to proceeding through this phase of a divorce. At the Law Office of Michael D. Tracton, P.C., we understand that divorce is an emotional and difficult time; thus, we are dedicated to serving those in the Sugar Land area, helping them navigate the ups and downs in this process.

Special needs children could have an impact on alimony

Most parents with a special needs child who consider divorce already know that the child's medical condition could impact both child support levels and the division of assets. One thing that people are less likely to consider is the potential impact it could have on a request for alimony, which is also called spousal support or spousal maintenance. In cases where a divorcing couple has a special needs child, the proper term for your alimony is likely spousal maintenance or potentially contractual alimony.

The courts view alimony and spousal maintenance as similar but distinct. Typically, spousal maintenance gets awarded to a dependent spouse once he or she shows the court that there is either a mental or physical disability that precludes earning a sustainable income. In your case, however, you may not be able to support yourself because of the needs of your child. The courts may recognize that fact and order your former spouse to provide support so that you can establish yourself independently.

How do you develop a co-parenting plan?

Divorcing with children is anything but easy. And, while it might not be the most ideal situation for parents, it is sometimes in the best interests of everyone involved. This leaves divorcing parents with the task of determining how best to parent post-divorce. There is no one-size-fits-all to post-divorce parenting, but there are ways to assess what type of parenting plan could benefit everyone, especially the children. If it is possible to maintain a relationship post-divorce, it can be extremely beneficial and valuable to co-parent.

How do you develop a co-parenting plan? To begin, a co-parenting plan should be explained. This is a written document that details and outlines exactly how parent will raise the children after they are separated or divorces. The idea is that this document is drafted with the best interests of the children in mind.

What to expect when you are divorcing

Couples in Texas understand that no relationship is perfect. While some might be able to overcome the ups and downs that come their way, other couples become defeated by the disputes and conflicts that could arise in marriage. Even when divorcing is the obvious next step, this does not mean both spouses are prepared for what comes next. Individuals likely have many questions regarding what to expect during the entire process and ways they could overcome any divorce issues that come their way.

The traditional way to handle a divorce is through litigation. Whether a couple is onboard with this method or are using it because the couple is unable to adequately get through alternative divorce methods, litigation means that a couple is relying on the court system to reach final decisions on each of their divorce issues. But in order to do that, each spouse will have to go through various tasks.