One might think that to make it past the belt-tightening, child-rearing years together, older couples are settled into stable marriages and less likely to divorce. However, the rise of the so-called "gray divorce" shreds that hypothesis.
There can be many reasons behind a later-in-live divorce between spouses. Below are some facts to keep in mind.
When going through a divorce, there's nothing more important to you than the well-being of your children. It's your job to protect them at all costs, before, during and after your split.
While you're sure to run into co-parenting challenges, it's critical to create a comprehensive parenting agreement that's designed to keep you and your ex-spouse on the same page.
For you, it's simple: Nothing is as important as your children. That's always been your focus, ever since they were born. Now that you and your spouse are getting divorced, you know it won't change. You want to put them first. You want to make post-divorce life as easy for them as you can.
So, what should you do? While every situation is unique, here are a few key tips that can help:
When parents of special needs children divorce, they face a different set of challenges than parents of kids with no disabilities. In many (but not all) circumstances, one parent has been the primary caregiver for the special needs child since their birth.
All children, however, need to spend quality time with both of their parents whenever this is possible. So, how can the custody of disabled children be determined while still preserving the parent-child relationship with both the mother and father?
Whenever a business owner faces divorce, their business may suffer serious consequences and may even be forced to dissolve completely. While every divorce comes with some high stakes, divorce involving a business owner is considerably more complicated, in most cases. If you own a business and see divorce in your future, you must consider all of your legal options in order to protect your business and avoid other unnecessary losses.
Review your prenuptial agreement
Divorce is a complex road to go down, especially if you have high-value assets that will have to be divided between you and your ex. For instance, some assets will have to go through a valuation process before you know how much they are worth. Moreover, it might make more financial sense to sell some assets and divide the proceeds rather than try to keep them. Your house in Frisco is a prime example of an asset that you may want to sell.
If you choose to move forward selling the house, there are a few things you can do to smooth out the process. Here are a few tips to keep in mind if you are going to sell the house in a divorce.
Years ago, when you pictured spending time with your future grandchildren, what did you envision? Perhaps you saw yourself decked out in finery, sipping tea with a granddaughter or tossing around the ball with your grandson.
It's likely that the memories you imagined making with your grandchildren did not include your being responsible for their 24/7 care and feeding. But then life intervened.
Going through a divorce can have the potential to wreak havoc on your finances. One of the main reasons for this is because, in Texas, the legal theory of community property is recognized. This means that, in many cases, assets will be divided between spouses 50/50, even if one spouse acquired the vast majority of income.
If you are considering filing for a divorce in Texas, it is important that you plan ahead to ensure that you are organized and that you go about the process in a way that protects your interests. The following are some strategies that you can adapt to ensure that you get a successful financial outcome from your divorce.
One of the lingering effects of particularly contentious and acrimonious divorces is the inability of the exes to successfully co-parent their children together. The very problems that led to the couple splitting up continue to wreak havoc in their post-divorce relationship.
This is troublesome on all fronts. It keeps the adults trapped in negative relationship patterns where settling even the most minor difficulties becomes impossible. But worst of all, the kids suffer needlessly when their parents can't manage to civilly interact with one another.
When you get divorced in a community property state like Texas, it's very important to determine whether spousal support (or alimony) is appropriate in your circumstances. Since alimony payments are rarely a given in 2019, you may not qualify to receive these payments nor be required to pay them.
But alimony is still awarded in Texas divorces in some cases: for instance, if you are coming out of a marriage of long duration where you eschewed pursuing a lucrative career in order to stay home and rear the children and take care of the home and family. But even in these cases, all spousal support is not equal.
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