Divorce can be a time of major financial changes for people in Texas; the financial effects of the end of a marriage can be some of the longest-lasting. However, in order for people to advocate for themselves during a divorce and secure a fair settlement, it is important that they better understand their own financial situation. In many families, one partner, typically but not always the husband, is responsible for handling most of the family finances. As a result, the other spouse may know little about marital assets, debt and income, potentially putting them at a disadvantage in the divorce.
Traveling with the kids after divorce
Every Texas divorce case and custody situation is unique. However, all courts decide custody matters with the best interests of the children in mind. For divorced parents who would like to travel internationally with their children, it's important to respect custody arrangements. Generally speaking, it's better to communicate with the other parent before and during the trip.
Helping children get through a divorce
Divorce can be difficult for both Texas children and their parents. However, there are things that parents can do to make life easier in its aftermath. For instance, parents should never say bad things about each other in front of the children. This is because children will eventually figure out if a parent is lying or not, and lying to a child is generally not a good idea regardless of a parent's relationship status.
Buying health and life insurance after divorce
A divorce in Texas can lead to various insurance-related issues. If a spouse has health coverage under a spouse's employer-based plan, for example, they might need to look into getting a new policy. COBRA allows a three-year continuation of the employer's plan, but this is still temporary.
