(by Pamela A.) Going through a divorce is one of the toughest things I've ever done. But like most crises in life, once you go through it, you can look back and appreciate all the things you learned about yourself in the process. You also want to share your insights with others in the hope that you can help. It's not that I did everything right, by any means. But I did make a few decisions that … [Read more...]
How to prepare for divorce mediation
The use of mediation as an alternative to the courtroom has become increasingly popular, especially in the divorce process. It’s affordable, confidential and achieves results. In last month's blog post, I wrote about the many faces of divorce mediation for Houston area couples. Mediation, in one form or another, is now an integral part of most divorces in Texas and many other states. Some … [Read more...]
The many faces of divorce mediation in Houston
Few couples seeking divorce in the greater Houston area realize that their divorces will most likely never get to the courtroom. Instead, most will participate in one or more formal or informal mediation sessions during their divorce process. This is primarily due to the fact that Houston family courts are backed up with cases and now require divorcing couples to try mediation in order to settle … [Read more...]
The devil is in the details of the new tax law for divorcing couples
Let me just say, it pays to know how the new tax law may impact your divorce this year! Much of the new law, (the "Tax Cuts and Jobs Act"), which both houses of Congress passed on Dec. 20, 2017, goes into effect in 2019. Yet, based on how these laws could impact your divorce in 2019, you may benefit from getting your divorce completed in 2018. There are also some changes that take effect this … [Read more...]
New tax law may impact your divorce in 2018
The ink is barely dry on the "Tax Cuts and Jobs Act" which both houses of Congress passed on Dec. 20, 2017, yet, accountants are scrambling to figure out how the 500-page law will affect their clients this year. Most can't believe this complicated and confusing law is effective immediately. "We don't have a year to figure it out," said one notable tax expert. And some are warning the new law … [Read more...]
Facing divorce? Don’t dread the holidays — prepare instead
If you are considering divorce in 2018, you are probably dreading the approaching holidays. Let's face it, no one wants to acknowledge marital discord when the theme is "joy" and "good cheer." As the New Year approaches, consider focusing now on preparation and planning for what lies ahead. Here are some steps you can take during the holidays that will lay the ground work for a more productive … [Read more...]
Four ways to get divorced in Texas, part 4 — traditional litigation
As I understand it, less than five percent of divorces in Harris County, Texas, actually go to court where a judge makes the final decision. This is likely because in most family law courts in Texas, there is a rule that couples must attend mediation before a trial can be set to decide the case. Many couples soon realize as they go through the divorce process and mediation, that going to court … [Read more...]
Four Ways to Get Divorced, Part 2 — Early Intervention or Cooperative Divorce Mediation
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...]
Four Ways to Get a Divorce, Part 1
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...]
What happens to the family home in a divorce?
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...]