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...
Avoiding financial mistakes after a divorce
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...
What you may need to do after signing your divorce papers
After signing the divorce papers in Texas, there are a few steps that you will need to take in order to finalize the divorce. How you handle the following steps will depend on your specific situation. Resolving outstanding issues Child custody is one of the most...
Gaining control of your finances after your divorce
One of the biggest worries for divorcing Texas couples is their financial health after the dissolution of the marriage. Depending on your situation before the divorce, the challenges you might encounter can be scary. However, there are steps you can take to help you...
Section 1031 exchanges and divorce
When couples in Texas decide to divorce, property division can be one of the most significant issues in the legal process. Especially for couples with significant assets, the financial and practical effects of divorce can linger far long after the emotional impact has...
Divorce or separation: Tips for telling your kids
Once you and your spouse, or soon-to-be ex-spouse, decide to divorce, you will need to tell your children. Texas parents should be aware of the best ways of talking to their children when divorce is imminent. Thinking it through beforehand will save emotional stress...
Important steps to take before a divorce
Divorce can often difficult. If you are planning to end your Texas marriage, it’s important to take certain steps to prepare for the process. Gather all your financial papers All financial paperwork should be gathered in preparation for your divorce. You will want to...
Divorce versus legal annulment in Texas
Many Texas residents who get married and then want to separate consider divorce as their first and only option. Sometimes, couples might seek a legal annulment, but there are certain criteria in order to qualify for one. What is a legal annulment? An annulment would...
Facts about American divorces
Some may feel surprised to discover the divorce rate in the United States has declined, as data shows. However, many people prescribe to myths, including the pervasive belief that half of American marriages end in divorce. Such figures aren’t accurate, and they...
Three critical tax considerations in Texas divorce
The decisions made during a Texas divorce can significantly impact the tax bill paid by both individuals. To make more informed decisions that minimize tax impact, here are three critical decisions that must be made during the process. 1. The marital home During a...