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Grapevine Law Blog

What to do about late-in-life money arguments

You may no longer be romantically involved with your ex-spouse, but that doesn't mean that their finances don't affect you. Couples who have divorced or are divorcing can still have arguments about finances, even if they have remained amicable. Older couples in particular face unique challenges regarding money, investments and retirement.

Here, we'll take a look at some of the most common late-in-life arguments about money, and some tips to help you cope with them.

Fathers and child custody arrangements in Texas

During divorce, many Texas fathers worry that splitting from their spouse will result in a split from their children. Traditionally, a mother was granted custody of her children after divorce, and a father’s involvement was limited.

Fortunately for fathers, this practice shifted as they increasingly asserted their parental rights. Courts acknowledge that it is in the child’s best interest to spend time with both parents. What can fathers expect during the custody process?

Divorce: who will keep the house?

During a divorce, your world turns upside down. You are already losing your spouse, now you worry that you also have to lose your home.

Most couples worry about their house’s fate as they consider diving up marital property. Your home is a key part of your day-to-day life, and you do not want to have to give it up. How does Texas decide which spouse will stay and which will go?

5 things to know about appointing your child’s guardian

You and your spouse are young and healthy. You are busy juggling work and taking care of your children. Writing a will may be the last thing on your mind. However, all parents should prepare a will in case of an emergency.

You need to establish who will take care of your children in case of death, or incidents that leave you incapacitated. What 5 things should you consider when choosing a guardian?

Questions To Consider Before Filing For A Divorce

Coming to a divorce can be a harrowing decision. Many couples struggle with coming to the conclusion, weighing many factors, including personal and financial ones. If kids are involved, a difficult decision can become nearly impossible. Yet, nearly half of all married couples eventually seek divorce. With that decision can come a slew of headaches, from custody plans to alimony. So in most circumstances, couples should discuss the decision in depth before committing to undo their commitment.

According to the New York Times, there are several important questions—eleven, according to the paper, but for couples seeking a divorce, that number may as well be a million—that couples should as each other before terminating their marriage. Below are some of the most pressing ones.

Is Your Spouse Hiding Money?

Not all marriages are based on trust. One spouse may hide assets or money in an attempt to leave the marriage with them. Unfortunately this happens more than it should. A 2015 report from CNBC stated that about 7.2 million Americans have hidden accounts — in a bank or credit card — that are unknown to their spouse or partner.

What to Do if You Suspect Hidden Assets

The difference between mediation and collaborative law

Mediation is a type of alternative dispute resolution that is generally ordered in a case filed with the court. The collaborative family law process is designed to resolve disputes without court involvement.

Many people use the terms interchangeably, but as you can see they are quite different. When divorce is on the horizon and children are involved mediation or a collaborative process may avoid the scorched-earth litigation that can leave permanent scars.