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Divorce Archives

Research reveals that student loans may cause divorce

According to research, student loan debts may cause other problems in addition to massive debts. A heavy student loan debt load can create a lot of stress in a marriage relationship. Researchers have known for years that money problems, such as debt, causes stress in marital relationships. However, the most recent study shows that student debts are more harmful than other types of financial obligations. The Student Loan Hero study found that 33% of student borrowers believed their divorces were caused by money problems with 1 out of every 8 students blaming his or her student loans for causing marital issues leading to divorce.

Divorce and claiming dependents

The majority of Texas residents who claim dependents on their tax returns will not experience any complications with having their returns accepted. However, complications can arise in situations in which multiple taxpayers claim the same dependents and related tax credits, such as when separated or divorced parents both decide to report their children as dependents. When this occurs, the Internal Revenue Service will have to review the returns in question and determine which claim should be honored.

Protecting your business in divorce

Being an entrepreneur, and having the freedom to create and control your own business can be extremely rewarding. However, when your marriage is on shakey ground, it can also leave you feeling vulnerable and exposed - not knowing what will happen to the business in the event of divorce.  This is why it is so important to get information early on in the planning process, so you can make smart decisions about your business, and your divorce.

Why you may want to keep a divorce out of court

Many people associate divorce with contentious court battles. However, a divorce doesn't have to go down that path. There are strategies that couples ending a marriage can pursue to keep things out of the courts. There are a number of benefits that avoiding litigation can have for divorcing couples and their families. Below we'll point out three major ones.

Are there any drawbacks to signing a prenuptial agreement?

If you are planning to marry in the near future, you are likely not planning on what will happen if your marriage ends at some point. Thinking about death or divorce before you even walk down the aisle may not seem like a romantic prospect, but it can be helpful to think about how you can protect your interests. One way you can do this is by creating a carefully prepared prenuptial agreement.

Money secrets: Common factors in many Texas divorces

You and your spouse have a unique relationship that is unlike any other couple's in Texas or beyond. You may find, however, that you share certain things in common with other spouses-namely either a spoken or unspoken arrangement regarding money. For instance, perhaps you and your spouse have an agreement that you don't spend money without telling each other.

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Hargrave Family Law Jennifer S. Hargrave, P.C.

Hargrave Family Law
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