It is possible to get through a divorce without a great impact on your finances, only if you educate yourself and take some precautions.
Preparing for Divorce
While it is certainly true there are unscrupulous lawyers who take advantage of clients in vulnerable positions, proceeding with your divorce without legal counsel is rarely a good idea. Consulting with competent counsel early will save spouses considerable time and money.
The first working Monday of the New Year marks “Divorce Day” – and the start of Divorce Season. Why are couples more likely to split in January? Find out here.
Anyone considering a divorce come the new year should resolve themselves to start preparing for it now.
Filing for a divorce is extremely difficult and emotional even on regular terms, but when you’re an expatriate, it becomes even more challenging.
A highly debatable aspect of any divorce is the debt that was a joint endeavor between you and your spouse. One must not assume the divorce means splitting the debt according to your liking.
In this article, we will go over the different situations which can occur, so you know where you stand when it comes to the marital home and your divorce.
Texas divorce courts do not simply divide community property 50-50. Instead, Texas law provides that community property is split according to what the judge deems “just and right.” In other words, division of property must be fair and equitable.
In a separation agreement, separating individuals must agree on all the fundamental issues, including debts and assets share, child support, and custody, as well as property ownership.
Family lawyer Jennifer S. Tier, of Chicago law firm Boyle Feinberg Sharma, answers 15 common questions about divorce.