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Divorce issues can be mitigated by forethought

Tuesday, December 12, 2017

As many attorneys can attest, no divorce is the same. Here in Texas, however, many separations are subject to common divorce issues that can be addressed in a similar way no matter what the circumstances. Thinking about these issues in advance can make a big difference in how a divorce plays out once it reaches the settlement stages. 

For example, considering financial information is a must. A couple accrues debts and assets throughout their marriage, not to mention paying taxes, keeping bank accounts and so on. Creating and maintaining a file of these pertinent documents can be helpful for both the couple and their respective attorneys in ascertaining a bird's-eye view of the couple's finances. 

In addition, it is important to consider other such connections like joint credit cards or bank accounts. It is very easy for one party to end up responsible for the other party's spending on a credit card if that party is the primary on the account, and obviously this is a situation to be avoided. Even in amicable situations, it can be helpful to consider separating finances early on to avoid confusion later. 

Ultimately, what is best for any given couple may not be best for another, but some divorce issues come up consistently. While a Texas couple may choose to take a different road in dealing with these issues than their neighbors, the important part is to be thinking about them ahead of time. This can ensure the individual spouses can move forward confidently into their new lives. 

Source: The Huffington Post, "The Divorce To-Do List", Kathryn Dickerson, March 8, 2016

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