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Law Office of Lori Watson
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Divorce could get uglier with new tax law
Check out this article about how a provision in the new federal tax law could have a big impact on how divorces are negotiated. The tax law eliminates the longstanding alimony deduction and also does away with the need for alimony recipients to pay taxes on those payments. Because the deduction gave high-earning spouses some breathing room in their alimony payments, it is likely to leave less money on the table for both payers and recipients and make divorce negotiations more acrimonious.
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How to choose the best assets
Check out this article looking at how people going through a divorce can determine the best way to split assets with their soon-to-be ex-spouse. Choosing the best assets is not always easy and will often depend on the couple’s unique circumstances. A younger person who has children, for example, may choose to hold on to the house, whereas an older divorcee may relinquish the house in order to focus on more liquid assets that can be used for retirement.
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Texas alimony basics
Read an article that provides an overview of Texas alimony law, which is quite restrictive as compared to that of most other states.
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Texas prenuptial agreement
Learn the items that must be included in a prenuptial agreement in Texas in order for the contract to be considered valid. Both parties must voluntarily sign the document, which must be put into writing. Additionally, both parties must fully disclose their financial obligations. Read the situations that could merit challenging the agreement.
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Texas collaborative divorce offers private, creative path to settlement
This divorce process offers the possibility of retaining respect and dignity while ending a marriage.
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Marital Contracts in Texas
Residents in and around Georgetown, Texas, who are dating or engaged and interested in learning more about premarital agreements should click on this link now. Find out what these contracts can do for couples in different situations, including those getting remarried with children from prior marriages. Learn how a prenup can protect a business and more.
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You've been ordered to pay child support: now what?
The obligation to pay child support can be in place for years after the order has been established in court. Here’s what Texas parents can expect in the months and years following an initial court order.
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An article from my website regarding retirement.....
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Dividing the pension in a Texas gray divorce
Check out this article about how pensions are playing an increasingly important role for many older Texans going through a divorce. With Baby Boomers divorcing in larger numbers than ever before, retirement plans are often the central issue in divorce. Pensions, while considered community property, are treated differently from other forms of marital property. Divorcing spouses will need to follow specific guidelines to ensure their share to a retirement asset is protected.
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olivarezlaw.com
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Informative blog on a common question
There's no such thing as a common law divorce. If you are common law married, you are married.  Once married, you remain married until you get a divorce.
http://www.dallastxdivorce.com/2014/09/articles/divorce/no-such-thing-as-common-law-divorce-in-texas-2/
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