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February 2015 Archives

Facing a child custody dispute? We may be of assistance

One of our recent blogs discussed how you can help create a positive environment for children as they journey with you through the divorce process. These tips are an extremely helpful way for you to ensure the relationship with your child remains as strong as possible during a time of what could be animosity. However, though much of your attention may be on the well-being of your child in the present, legal disputes over child custody should be a top priority, as the outcome could have life-long effects.

If getting divorced, be sure to modify estate plans

Readers of this blog know that there are many legal issues that must be considered before getting a divorce. Regardless of whether one's divorce is disputed or collaborative in nature, matters like child custody, child support, alimony and property division must be taken into account. Though that only sounds like four issues, each one of these actually carries very detailed, often overlooked matters.

Tips for dividing marital property in a high asset divorce

Let's say you and your spouse both have worked hard in your careers to get where you are today. This may mean stock options, property or large retirement funds to name a few assets you may own together. But what if "together" isn't in the cards for you anymore? You will likely have questions about what will happen to your assets if you and your spouse were to separate in what would be known as a high asset divorce.

How to create the best possible environment for kids in divorce

Most people are aware of the current divorce statistics. Roughly, half of all marriages in the United States today end in divorce. While this is the end of a marriage between a couple and can be difficult, it can be even more difficult for children involved in the disintegrating marriage. There are a few do's and don'ts associated with divorce in order to play to a child's best interests.

Newly divorced with child custody? Take a second look at taxes

It's that time of year again, tax season is here! Many people dread this time of year. However, there may be tax benefits that newly divorced do not know about. If a person divorced on or before December 31, 2014, there may be some tax filing tips and tricks that these people can take advantage of.

Why uncontested divorces still require the help of a lawyer

In the world of marital separation and divorce, uncontested divorce is a phrase that is tossed around a lot. Many seek out this type of divorce for the said small financial costs. However, these divorces still may require the aid and expertise of an experienced lawyer.

Do I have to live in Texas to get a divorce here?

With the many life stages Texas residents go through, it is no surprise that people's state of residency changes multiple times as well. Someone can attend college, get married or have children among any of the great 50 states. However, when it comes to divorce, as a rule of thumb, you can only get divorced in one state. In Texas, you can only get divorced in Texas according to specific regulations.

The significance of spousal support in a Texas divorce

Texas divorce can illicit many questions, especially about finances. The first thing to understand about this experience is not to panic. Likely, there is no prenuptial agreement on hand that acts as a roadmap as how to navigate these uncharted waters of divorce. Never fear, the legal professionals at the law office of Michael D. Tracton are here to help.