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April 2020 Archives

Is it possible to keep the family home during property division?

In a divorce, a Texas couple must decide how to fairly divide all marital property, including the family home. For many, keeping the family home is important, but that is not always the best decision during the property division process. Retaining the home can be expensive for one spouse after a divorce is final, and it's prudent to consider long-term financial implications when thinking about this choice.

What's going to happen to family pets in a divorce?

When a Texas couple decides to end their marriage, they must address all marital assets and decide how they will divide them. One important factor to consider is what will happen to the family pet, which can be an emotional and contentious issue for both parties. To lower the chance of a fight over pet custody during a divorce, some couples choose specific types of prenuptial agreements before they marry, sometimes called pup nups. 

Being prudent with property division decisions

Divorce will have a significant financial impact on a Texas couple. The two spouses will have to divide marital assets, and this likely means retirement and long-term savings. Property division is one of the most important aspects of divorce as these decisions can affect the rest of a spouse's life. This is why it is crucial to be prudent and careful when negotiating terms and agreeing to a settlement.

A prenuptial agreement can be a smart choice

When two people decide to get married, they are not thinking about what will happen if the marriage ends at some point in the future. Planning for a possible divorce may not seem romantic or necessary, but it's a prudent step for Texas couples of all income levels. A prenuptial agreement can prevent some of the complication that comes with ending a marriage.

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Allen, TX 75013

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