Katy Texas Divorce And Family Law Blog

The longer couples are married, the more assets they usually accrue, and older couples may have to negotiate splitting a variety of assets that can include not only the family home but also investment properties and accounts. Some Texas couples will face this situation if their marriage ends, but there are ways they can protect their investments and interests.

In a high-net worth divorce, it is important for each spouse to walk into negotiations with a clear idea about their assets, investments and the financial state of the couple. They should be clear about who can make withdrawals and other decisions regarding the accounts. Access to these accounts is important as the ex-spouses begin to assess their financial health and plan for the future. The division of these accounts, however, will differ depending on the type of account, and some will be liable to heavy taxes and other penalties if dissolved or split. During this process, the ex-spouses should also be clear about the taxes and penalties they will incur as these need to be taken into consideration when negotiating the division of assets. The same logic applies to dividing retirement accounts since 401(k) and 403(k) accounts are handled differently than IRAs and will require different documentation to split them.

Divorce is more common than ever in the United States. What was once taboo, nearly half of all marriages now end in divorce. There is one group whose divorce rate has doubled over the last 30 years and that is the Baby Boomers generation.

1-in-4 divorces a decade ago involved a couple over 50 years old. Research shows that the greatest determinant of a marriage’s longevity isn’t infidelity or a mid-life crisis, but the length and number of the marriage.

A wide range of factors can contribute to a couple's decision to divorce. In many cases, both parties' behavior can contribute to the end of a marriage. Couples may be affected by infidelity, addiction, financial problems or a simple difference in parenting styles or opinions about the future. Still, certain personality factors are more strongly associated with an increased likelihood of divorce, experts say. Being aware of these concerns can help people assess their behavior and work to preserve their marriage.

While people may associate divorce with excessive fighting and ongoing arguments, conflict avoidance can actually be a major factor pointing toward the end of a marriage. It is important that people talk through their problems with one another rather than leaving them unspoken and unresolved. When couples avoid arguments, they may build up silent resentments or long-term alienation, leaving them on a road to growing apart or developing contempt for one another. On the other hand, when one partner constantly tries to take care of and provide for the other partner, without allowing him or her to support them in return, this can also lead to an unbalanced, insecure relationship.

Raising a child as a single parent seems like a frightening concept that will soon become reality as you go through divorce proceedings. It's understandable why you'd be afraid going into this new part of your life. You might worry about trying to balance your work life and your family life now that you don't have a spouse to share parenting duties with at home.

However, being a single parent doesn't mean you'll be an ineffective parent. Raising your kid on your own may end up teaching you and your child some new skills that could end up making both of your lives better in the long run.