Realizing that your marriage is in trouble is a challenging thought. There are several things that you should do and shouldn't do when you reach this point. One of the first things that you need to do is figure out what is best for you. It can be hard to leave a long-term relationship, but you should never stay for the purpose of remaining part of the couple.
Protecting a business with a prenuptial agreement
Prenuptial agreements were once quite rare, but they have been gaining in popularity in recent years. They are more common in states like Texas that have strict community property laws, and they are particularly useful when one of the parties involved owns a business. Community property laws require marital assets to be divided equally, which can lead to contentious negotiations over how much a business was worth when a couple married and how much its value increased during the marriage.
Why mediation may be best for divorcing couples
Going through a divorce is one of most stressful things that anyone living in Texas or throughout the country will go through. This is partially because the process of ending a marriage can be both emotionally and financially draining. The good news is that the divorce process can be made much easier by working with a mediator. It may be especially helpful for parents with children to negotiate a divorce settlement with the help of a neutral party.
How to raise stable, happy children after a split
Life after the end of a relationship can be challenging. One of the main concerns that Texas parents have is how to help their children grow up healthy and happy after splitting up. Parents can work together to raise their children, making decisions in the best interest of the children that protect their children's emotional health and stability after divorce.
Jeff and MacKenzie Bezos' divorce settlement approved in court
Amazon is a household name in Texas and across the country. Many have even heard that the company's CEO, Jeff Bezos, is going through a landmark high-asset divorce. On July 5, the divorce was finalized by a judge, ending Jeff's 25-year marriage with his former wife MacKenzie. According to the divorce settlement, MacKenzie Bezos will receive $38.3 billion in Amazon stock, marking 4% of its outstanding shares. Amazon said in April that 19.7 million shares in the company would be registered in her name after the divorce was approved in family court.
Divorce and separate assets
The division of financial accounts can be one of the most contentious issues in a divorce. Texas residents who maintain accounts separate from those of their spouse should be aware that having assets in their name only will not protect those assets from being divided in a divorce.
The pitfalls of representing yourself pro se in a divorce
Financial issues can quickly lead a couple from a happy union to a potential divorce scenario. Unfortunately, divorce itself can add to that financial strain, as ending a marriage is often more expensive than starting one.
