Parents who agree to part ways often struggle to provide for their children afterwards. In order to ensure that children are provided with all of their needs, family court judges usually order child support payments until the child reaches the age of majority or finishes his or her education. Texas parents who are experiencing difficulty in obtaining payments or in meeting court-ordered obligations may have recourse for obtaining relief. In an unusual case, a woman was awarded a settlement more than 50 years after her divorce.
For most couples, a divorce is a fairly straightforward undertaking. Once custody and property division is settled, each individual goes his or her separate way and starts a new life without undo complications. However, in the new age of digital money, wealthy Texas residents may find that cryptocurrency adds complexities to an already complex divorce.
During a divorce, it is easy to lose track of details that need to be addressed later. Forgetting to tend to some important housekeeping duties could mean that one is not complying with the property division agreement. Texas residents may benefit from reviewing their estate plans to ensure they are in agreement with a divorce settlement.
While the overall divorce rate has purportedly declined, the same cannot be said for those aged 50 and older. Though there may be a variety of reasons for a couple to seek a divorce, the property division for those nearer to retirement age becomes more challenging and critical. Texas residents who are facing this prospect may have several concerns regarding their finances.