Most couples in Texas who are contemplating divorce or are going through the process of dissolving their marriage, would never believe the process could take multiple years to complete. Once a couple agrees to divorce, the parties normally attempt to complete the process as quickly as possible. Dividing assets, deciding upon child custody matters, as well as discussing other points become important to successfully dissolving a marriage.
Two law professors have been fighting in court for 17 years attempting to come to a resolution in their divorce proceedings. Reports say they have fought over many things including child custody. Judges involved with the case have stated their disdain at the length of time the proceedings have taken and feel these professors have set a bad example for others.
Continue reading COUPLE SPENDS 17 YEARS IN DIVORCE NEGOTIATIONS
Marriage is a union of two lives. Not only are the two lives of the spouses emotionally and spiritually joined, they are also financially intertwined.Although, after a divorce, couples may be able to end the emotional and spiritual part of their relationship with one another, many times the financial ties continue to affect their everyday lives. It is important to understand this when planning one’s finances after a divorce in Texas or any other state.
One way in which the financial lives of divorcees continue to be intertwined despite ending the marriage is through permanent alimony. In many cases, the court will order a certain amount of money, known as alimony, to be paid from one spouse to another for the rest of their lives. For some divorcees, this income is essential since they may not have been able to work during the marriage. However, some lawmakers are pushing for legislation to end lifelong alimony payments.
Continue reading COURTS MOVE AWAY FROM PERMANENT ALIMONY AFTER DIVORCE IN TEXAS
Texas couples facing divorce due to arguments about money may be interested in a recent study. The study concluded that arguments about money are the top predictor of divorce, regardless of the economic situation. Money was even more of a significant factor than time spent together, in-laws, intimacy and chores.
Why do fights about money so often lead to divorce? The study cited three reasons. Fights over money occur during times of great financial stress. Also, if one person in the relationship has specific ideas of how money should be spent and their partner disagrees, arguments can result. Lastly, arguments about money are sometimes the cover for deeper problems in a relationship.
Continue reading STUDY FINDS ARGUMENTS ABOUT MONEY A PREDICTOR OF DIVORCE