Texas couples considering divorce might be interested in a recent case involving the founder of a renowned hedge fund firm in Chicago, who filed for divorce from his 43-year-old wife on July 23. The 45-year-old man cited 'irreconcilable differences,"...
Read MoreMonthly Archives: July 2014
Alimony payments in Texas
When a former spouse pays their ex-partner any form of post-divorce payment, this is known as alimony or spousal maintenance. Most courts recognize two types of alimony, which include payments ordered by a court and contractual alimony, which is an a...
Read MoreNegotiating property division in divorce
Many couples in Texas struggle with dividing their residential property amicably while negotiating a divorce. Buying a spouse out of the property may prove to be difficult if both parties can't agree on terms due to individual equity and debt agendas...
Read MoreSocial Security and retirement accounts for older divorcees
Statistics show that men and women in Texas have recently started getting more divorces later in life than before. For example, 50 years ago only two percent of men and women between 65 and 75 were divorced. Now, the rate is 11 percent for men and 15...
Read MoreDivorce fees awarded to Frank McCourt’s legal team
Texas couples contemplating divorce may want to consider the ramifications of settlement terms and language. A case involving former Los Angeles Dodgers owner Frank McCourt and his ex-wife is an excellent example of this issue. Their divorce settleme...
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