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Allen Family Law Blog

The waiting game of divorce

According to Harvard Business Review, more than 20 million Americans participate in the on-demand economy. From groceries to shopping to movies and ride sharing, more and more of what consumers want is available within minutes at the touch of a button. This instant gratification satisfies our emotions and lifestyles with the goods we need to get through the day.

As humans, we can meet our higher-level needs for pleasure and entertainment when our basic needs for love and shelter are fulfilled. However, when a marriage is in peril, there's very little available on-demand to fix the problem. When love in peril becomes the legal process of divorce, you will find that particular waiting periods are required before a divorce is finalized.

Who gets the house after divorce?

The place you call home is more than a roof over your head. It is your safe haven from the problems of the world and the place you make some of your most precious memories with your family. Usually, you can leave the world's problems at your doorstep, but when divorce comes knocking, it walks right in - and it won't leave without either you or your spouse.

What happens when divorce hits home?

According to the Federal Reserve, 61 percent of Texas residents own a home. Combine this with the widely known statistic that half of all marriages end in divorce, and you're bound to run into issues along the way. A home is often both the biggest investment and the most valuable asset a family can own, so it is no wonder that the question of "Who gets the house?" is one worth answering in divorce. 

The basics of collaborative divorce in Texas

When marriage isn't working, the idea of collaborating in divorce seems like an odd proposition. However, just because marriage has been a source of conflict in your relationship doesn't mean the way out has to be the same. How can couples use the principles of teamwork and cooperation to end a marriage?

In your mind, you may see divorce as a painful process. There's no doubt that the emotions and financial worries brought on by the end of marriage are difficult to work through, but negative feelings don't have to equal a sour process. Instead, couples can use the collaborative divorce process to find an agreeable way to split assets and parenting time, and gain access to professional counseling along the way.

Don’t forget about the financial plan during a divorce

Divorce is a difficult step. It’s hard on children, and it’s an awkward and challenging shift of finances and property. Everyone knows the concept of a divorce settlement: that two partners split assets, often with disputes and drama in the process. Sometimes the tension lasts for years after the fact.

While people are familiar with the idea of diving assets, there is more to an estate than the property and the money. Many people forget about the financial plans. Insurance forms, wills and trusts and bank accounts require updates to make sure that an ex-spouse isn’t a present beneficiary now that the estate is no longer community property.

Divorce and small business: Are your assets protected?

As a small business owner, you fight to grow your business. Despite long hours at work and continued vigilance, your business’ assets may be at risk.

Are you aware that your spouse may have a legal right to your business’ assets in the event of divorce? If you are considering divorce, there are a few things that you should know about protecting your small business’ assets.

Don't get left in the dark: know your property rights in divorce

Marriage involves taking care of various household responsibilities, and in most cases, duties are divided up between the spouses. For example, while you handle most of your kids' needs -- picking up from school, driving to extracurricular activities, etc. -- maybe your spouse handles financial matters -- paying bills, monitoring the bank accounts, monitoring any investments.

The problem with this scenario, however, is that you may be left in the dark with regard to financial matters -- and property division -- if you're going through a divorce.

Dads Can Do It Too- Being Primary: Guest Blog from a Former Client

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Should I get divorced?

Question: I'm not sure that I want a divorce. Things have been bad for a while, but I am still hanging on. Sometimes, I feel like it is over, but then I think of the kids, our house-our life. Is divorce really worth it?

Why Collaborative Law Makes Sense: "A Better Way to Untie the Knot"

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10 Reasons that You Should Not Represent Yourself in Divorce: Doing it Right the First Time and the Pitfalls of "No Contest" Divorces

16296502555_f67784abe2.jpgThere are somethings you can afford to cross your fingers and hope to get right without much effort. Divorce is not one of them. Too often, I get hired to "fix" the wrongs of a couple who thought (admirably so), that they would agree to all the terms of the divorce, only to wind up three to six months now in the office of the divorce lawyer that they never intended on using in the first place. Why does this happen?

Just like I would never do surgery on myself, I would never suggest the do-it-yourself divorce. A do-it-yourself divorce may be so attractive and seemingly inexpensive- especially at time when money is the commodity that we are fighting over. I tell potential clients that walk through my door, "Whether you have one cent one million, you still need an attorney to represent you." The following are the reasons why:

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The Law Office of Natalie Gregg, P.C.
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Allen, TX 75013

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