Texas residents who are getting remarried in their 50s or 60s may find that completing a prenuptial agreement may be in their best interest. People who get remarried later in life are likely to have accumulated homes, retirement assets and businesses. They may also have children from a previous marriage for whom they would like to ensure will receive assets that are intended for them if the new marriage ends in divorce.
Figuring out the financial aspects of a divorce can be tricky whether you have several high-value assets or a modest number of assets. However, your situation can quickly become complicated if you or the other party will end up paying alimony.
Parents in Texas should be aware that getting a divorce can impact how they handle financing their children's college education. However, if they plan carefully, they can make sure that their children are able to pursue their higher education dreams after a divorce.
Texas parents who are in child custody disputes should be aware that the decisions courts make regarding child custody are based on what is in the best interest of the children. This standard means that the custody arrangement that will be ordered will best address the needs of the children. There are multiple factors that will be considered by the court before a decision is made, and they in some cases vary from state to state.