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An irrevocable life insurance trust, commonly known as ILIT, has long been a staple of estate planning in Texas, helping families secure their financial futures. But navigating an ILIT can be difficult and intimidating, so it is important to understand this estate...
Birdnesting is a unique form of child custody arrangement in Texas. In a birdnesting arrangement, the children remain in the family home, and the parents alternate living there with them. This approach aims to minimize the disruption to the children's daily routines...
About 100,000 Texas residents are watching certain developments in the nation’s capital with great interest. These people came to the United States when they were young children, and they are being protected from deportation by a program that a federal appeals court...
If you are a student in Texas that needs financial aid for your college tuition, whichever the type, you will need to complete the Free Application for Federal Student Aid form (FAFSA) or the College Scholarship Service (CSS) profile, that is if your institution is...
Going through a divorce can be a brutal experience - There's an emotional toll, and the process can be lengthy, complicated and expensive. But when the dust settles, you've got a brand new life to plan for. Recently divorced Texans tend to make a few common financial...
The primary factor in determining which parent will get legal or physical custody of their child in Texas is the "best interest" of the child. In other words, the family courts must assess the ability of parents to provide for the needs of their kids to place them in...
Divorced parents can focus on their children by creating a fair custody schedule. Sharing parenting time means working together and putting the kids first. The best way to create a custody schedule is to craft it around the child’s age. Babies Infants and babies need...
After a divorce, Texas parents aim to focus on their kids as the court decides on child custody. However, if one parent has an alcohol or drug addiction, issues can arise. There are ways to maneuver those matters while going through recovery. Child custody and...
Child support payments are designed to provide the children with the financial support needed for their upbringing when their parents are no longer together. Each state has their own requirements and rules for calculating child support. In Texas, child support is...
Texas law does allow parents to share physical custody of their children after a divorce. While there are many potential benefits of splitting custody, there may also be downfalls to such an arrangement. For instance, a child may be traumatized by having to split time...