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Posts tagged "divorce"

Financial issues that may lead to marital problems

For couples in Texas and throughout the country, differences over money is one of the main causes of divorce. First marriages end in divorce almost half the time, and it is even more likely in second and third marriages. By discussing money matters prior to marriage, people might be able to reduce the chance that arguments over finances will land them in court.

Dealing with the primary residence in a Texas divorce

Texas and other states with community property laws require family law judges to divide marital property equally, and this may lead them to order a divorcing couple to sell their primary residence and split the proceeds evenly. Spouses who wish to avoid this fate may claim that the residence concerned is separate and not marital property if they owned it prior to getting married, but these claims may not withstand judicial scrutiny if marital income has been used to cover running expenses and other overhead costs.

Buying a home with a cohabiting partner

A large number of couples in Texas as well as throughout the country are choosing to cohabit either as a step towards marriage or in lieu of it. Some of these couples may also consider purchasing homes together, but doing so may not be a good idea. If a couple does decide to move forward with purchasing a home while they are unmarried, there are a few things they might want to do in order to protect their interests.

How older Texas couples can protect their assets in divorce

According to the National Center for Family & Marriage Research, the divorce rate for people over the age of 50 doubled between 1990 and 2014. Furthermore, the divorce rate tripled during that same time period for those over the age of 65. One concern that older people getting divorced may have is how to divide their retirement accounts. In fact, a study by the American Academy of Matrimonial Lawyers found it was the second-most fought over issue among older divorcing couples.

Lower migration rates linked to child custody and divorce

Like other states, Texas has been marked by a pattern of migration as people move from one state to another in order to better their lives. Demographers have been puzzled about why the U.S. migration pattern has substantially declined in the last half-century. As compared to 50 years ago, only about half as many people today move from one state to another as they did then.

Inaccurate Texas divorce conventional wisdom

Divorce is very common, so many people believe they know everything they will need to do during their divorce based on what happened with family members and friends. The problem is that much of this conventional wisdom about divorce is incorrect. The biggest fact that many people do not know is that an attorney can only represent a single party in the divorce. Couples may believe they could save money by sharing an attorney, but that attorney could only represent one of them. The other party could be at a disadvantage.

Banks consider special mortgages for divorce situations

Property buyers in Texas and around the country have a dizzying array of financing options to choose from, and a type of mortgage designed to cater to the needs of older people who are going through a divorce may soon be added to the list. These new loans, which are being referred to as divorce mortgages, are being discussed by banks in the United Kingdom, but an approximated 100 percent increase in the number of people aged 50 or older seeking a divorce between 1990 and 2013 has prompted some experts to predict that similar financial arrangements may also be introduced in the United States.

Divorce settlement agreements

Couples in Texas who are divorcing may want to consider the importance of their divorce settlement agreements. These agreements define important issues such as property division, child custody, visitation plans and spousal support. It is this agreement that governs the responsibilities of the former spouses.

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Bruce Turner

In addition to his law degree, Bruce Turner has a master's degree in tax law and is Board Certified in Commercial Real Estate Law by the Texas Board of Legal Specialization.

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Turner, Bruce E.
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Bruce Turner with Bennett, Weston LaJone & Turner, P.C.

Attorney Bruce Turner is located in Dallas and represents people and businesses throughout DFW and the Metroplex, including Denton, Carrollton, Lewisville, Flower Mound, Farmers Branch, Irving, Las Colinas, Corinth, Highland Village, The Colony, Plano, Frisco, Allen, McKinney, Mesquite, Grand Prairie, Garland and Grapevine as well as Collin County, Denton County and Dallas County in Texas.

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