Divorce is an uncomfortable time for most couples. Even if you are going through the divorce using a collaborative approach, you probably don’t know what to expect from the split – which can be nerve-wracking. If you are anxious about your first meeting with the neutral financial planner, here’s what you need to know to arrive well-prepared and confident. Solo or together? Before your head into that first meeting with the neutral financial planner, think about whether you want to attend the … [Read more...]
Finding the Right Family Law Lawyer For Your Divorce
Selecting the right attorney to represent you is both daunting and imperative. A family law lawyer can come in any shape, size, and temperament, just like everyone else. You want an attorney who fits well with your personality, understands your goals, and has the experience and expertise to handle your divorce. You also want someone you can afford, and who appreciates the financial sacrifices most clients have to make to afford legal representation. The process of finding that person is a … [Read more...]
Catholic Divorce in Texas
What's A Devout Catholic To Do? Much has been written about the many changes in the Catholic Church that have liberalized some aspects of church doctrine. But the church’s attitudes toward divorce have not changed appreciably. And the process for obtaining an annulment can be complicated. Familiarity with what is involved in obtaining a Catholic annulment and sharing that information with a Catholic client can be a great service. For the devout Catholic couple who can no longer live … [Read more...]
10 Signs Your Spouse May Be Cheating
There are few totally reliable signs your spouse is cheating, so it’s often difficult to be certain. Your spouse could be working late or seeing someone—how can you know? You want to trust your spouse, but sometimes your instincts say something’s wrong. Don’t ignore the feeling and don’t presume your spouse is guilty. Instead, look for signs he or she is cheating, such as changing appearance, protecting a phone, getting a new credit card, wanting separate vacations, changing sexual behavior, … [Read more...]
Cooperative and Parallel Parenting
Which is Right for your Family? Divorce transforms the spousal relationship into one based on the joint enterprise of parenting, governed by custody schedules and decision-making arrangements. There are two basic approaches to this new relationship, cooperative and parallel parenting. The appropriate model depends on the parents’ ability to contain their conflict. Where they can, cooperative parenting, or “co-parenting,” preferred, but parallel parenting may be necessary to avoid potential for … [Read more...]
12 Common Divorce Mistakes
Divorce mistakes are more likely if you opt for litigation rather than a collaborative divorce. Going to court encourages fighting, the stress of litigation makes it more likely you will become emotional, and the lawyers will control the divorce because court rules and procedures are complex. Common divorce mistakes clients make include forgetting about taxes, allowing friends and family to influence them, letting your emotions control your decisions, not considering the liquidity of assets … [Read more...]
Collaborative Divorce Texas Announces 2018 Class of Credentialed and Master Credentialed Professionals
March 22, 2018 Collaborative Divorce Texas has announced its 2018 class of Master Credentialed and Credentialed Collaborative Professionals. Achievement of this designation demonstrates a commitment to the highest standards of collaborative practice. Master Credentialed Collaborative Professionals The following Master Credentialed Collaborative Professionals have met all of the requirements to be credentialed and have significant additional case experience, as well as provided notable … [Read more...]
Senior Citizens and Divorce
I have a good friend who says that the divorce calculator only subtracts and divides. It does not add and multiply. That’s not entirely true, because spouses who divorce do divide their incomes by half, but then they compensate by multiplying their monthly expenses by two. And halving income but doubling expenses is just the financial bad karma of divorce, to say nothing of the emotional wreckage it often leaves behind – loneliness, despair, and depression are common side effects. All of … [Read more...]
Why Baby-Boomer Divorces are Soaring
The U.S. divorce rate peaked in the late 1970s and began falling, except among persons born between 1946 and 1971. Baby boomer divorce rates doubled after 1990, and among couples over 65, the divorce rate almost tripled. What’s causing this spike in gray divorces? The causes of gray divorce include living longer, growing apart, higher expectations, having more money, women getting educated, infidelity, and more post-divorce options for divorced spouses. However, there is a down side to … [Read more...]
5 Keys to Financial Planning for Divorce
No one expects to get divorced when they marry, but half of all American marriages end in divorce. Because Texas is a community property state, all marital property is divided during a divorce. Without careful planning, proceeds from of your separate property could be characterized as community assets and divided during the divorce. There are steps you can take to avoid this problem, if you know what to do. The best strategy is to avoid getting divorced, but that’s not always possible. Well … [Read more...]
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