In general, the manner in which marital assets are divided during a divorce depends on the laws of the state in which the couple resides. The majority of states subscribe to the equitable distribution approach, in which assets are divided in a fair, but not...
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Month: December 2018
Retired basketball star wins child support reduction petition
For many professional athletes, success on the playing field often translates into a healthy pay check and a comfortable standard of living. However, when a career comes to an end, so does the hefty salary and the ability to make possibly excessive payments for...
Couples report that financial issues play role in divorce filings
One of the biggest problems that crop up during a marriage is financial disagreements. One way to avoid some of the problems that couples encounter during a marriage and later divorce is to create a pre-marital contract. Texas residents who are...
Actor Nicolas Cage elects to pay child support for grandchildren
Once a relationship between parents sours, there are many legal issues to resolve, including the care and support of the children. It may be difficult for many parents to cover court-ordered child support payments. Texas parents who are...