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Patricia Barrett CFP CDFA

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You are here: Home / Archives for Patricia Barrett

Four ways to get divorced, Part 3 — Collaborative Divorce in Texas

November 13, 2017 By Patricia Barrett

Couples facing divorce may want to explore a relatively new option for legally ending marriage in Texas called Collaborative Divorce. This very distinct model emphasizes cooperation over confrontation, and problem-solving over grievance-airing. It was developed as a way to reduce conflict and the emotional anguish of a traditional divorce process, especially when children are involved. In the … [Read more...]

Filed Under: Articles, Blog, Collaborative Divorce in Texas Tagged With: collaborative divorce, divorce financial planning, divorce in Texas, Texas divorce

Four Ways to Get Divorced, Part 2 — Early Intervention or Cooperative Divorce Mediation

October 24, 2017 By Patricia Barrett

Traditional divorce and child custody processes are predominately adversarial in nature. In a typical "war-of-the-roses" divorce scenario, spouses each hire an attorney, and then a variety of expert consultants enter the fray on both sides to produce "dueling" business evaluations, financial analyses and/or custody evaluations. This type of divorce can go on for many months or even years, … [Read more...]

Filed Under: Divorce Mediation, Divorce Planning, Divorce Planning, Financial Planning, Financial Planning Articles Tagged With: cooperative divorce, divorce, divorce financial planning, divorce mediation, Divorce Planning

Four Ways to Get a Divorce, Part 1

October 12, 2017 By Patricia Barrett

Once you have decided to get a divorce, another very important decision awaits you and your spouse: which path are you going to take to secure that divorce? This may surprise you, but in Texas, you have a choice in how you get divorced. However, how you get divorced can be more important, or at least just as important, as your decision to seek divorce in the first place. So, I will be outlining … [Read more...]

Filed Under: Divorce Planning, Divorce Planning, Financial Planning Articles Tagged With: do-it-yourself divorce, informal divorce agreements, Ways to get divorced

What happens to the family home in a divorce?

September 20, 2017 By Patricia Barrett

The question of what happens to the house in a divorce requires careful consideration. In my experience, this issue is often clouded by emotions that can get in the way of the couple, or one spouse, making the best financial decision. I advise clients to set aside emotions and consider all the significant, interrelated factors before they decide on what happens to the house. Consider the … [Read more...]

Filed Under: Articles, Divorce Planning, Divorce Planning, Financial Planning Articles, Women's Issues for Divorce

Hello clients, friends and colleagues! Goodbye Hurricane Harvey

September 7, 2017 By Patricia Barrett

I hope each of you came through Hurricane Harvey unscathed, but I know many of us did not. My heart goes out to those of you whose homes, cars and property were affected or destroyed by flood waters that blanketed the greater Houston area. I am one of the fortunate ones whose home was not flooded. Yet, like many of you, my daily life is still being affected by high water in many places to the … [Read more...]

Filed Under: Divorce Planning, Financial Planning

Hello clients, friends and colleagues! Goodbye #HurricaneHarvey!

September 6, 2017 By Patricia Barrett

Hello clients, friends and colleagues! Goodbye #HurricaneHarvey!

I hope each of you came through Hurricane Harvey unscathed, but I know many of us did not. My heart goes out to those of you whose homes, cars and property were affected or destroyed by flood waters that blanketed the greater Houston area. I am one of the fortunate ones whose home was not flooded. Yet, like many of you, my daily life is still being affected by high water in many places to the … [Read more...]

Filed Under: Uncategorized

Research and reflect on divorce before you file

August 17, 2017 By Patricia Barrett

Still considering divorce, but not yet ready to file? In my experience, the most prepared couples who divorce, have reflected on the decision over many months or even years.  So, if you find yourself thinking about divorce, know that you are not alone. Yet, also realize that being stuck in between is nowhere to be either. Here are some questions from a psychotherapist to ask yourself if you are … [Read more...]

Filed Under: Divorce Planning, Divorce Planning, Financial Planning, Financial Planning Articles Tagged With: divorce finances, Divorce Planning, divorce process, filing for divorce

Watch for “Sudden Income Deficit Syndrome” if your soon-to-be Ex owns a business

August 6, 2017 By Patricia Barrett

My experience working with divorcing couples has taught me a few things. For one, I expect each spouse to focus on his and her own financial self-preservation, which is understandable. Quite often, though, the husband transitions into this mind-set long before the wife does -- sometimes even before the divorce papers have been filed. This can and does leave many women vulnerable to some financial … [Read more...]

Filed Under: Articles, Blog, Divorce Planning, Financial Planning, Financial Planning Articles

Looking for clues of bad behavior during divorce (part two)

July 6, 2017 By Patricia Barrett

In part one of our blog post with this headline, we discussed a variety of red flags to look for during the divorce process that may indicate a spouse is behaving badly. We also offered tips to better protect yourself against such behavior, as well as how to educate yourself about the divorce process and what to expect. In this blog post, we will take our examination of bad behavior during … [Read more...]

Filed Under: Articles, Divorce Planning, Divorce Planning, Financial Planning Articles Tagged With: alimony in Texas, certified divorce financial analyst, divorce financial planning, Divorce Planning, preparing for divorce, Texas divorce

Looking for clues of bad behavior during divorce — Part One

May 19, 2017 By Patricia Barrett

In my many years of advising couples and individuals on how to achieve an equitable divorce, I have seen antics on both sides that can only be described as “the good, the bad and the down-right ugly.” It is unfortunate, but true, that couples embarking on divorce sometimes behave badly during the process. Many professionals who work in this space say, “divorce can bring out the worst in otherwise … [Read more...]

Filed Under: Blog, Divorce Planning, Financial Planning

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From Our Blog

Divorce and long-term care insurance

Being financially prepared for the possibility that you could require long-term care is an important part of retirement planning. Yet, too many people hope for the best and don't give this much … [Read More...]

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Information provided in this website is not meant to be construed as legal advice and does not necessarily predict decisions that will eventually be made by a court of law. It is strongly recommended that you consult competent legal advice if your divorce includes children or property issues.

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