Divorce

Social Security support following a divorce

When the time comes to end a marriage, one spouse may be owed Social Security support during retirement years. That is especially true when one spouse fulfills the role of homemaker and caregiver while the other spouse works and provides income for the entire family....

Rules for dividing an annuity when a marriage ends

A variable annuity allows you to receive payments from an insurance company at some point in the future. The company that holds the annuity is responsible for investing the money inside of it until the first distribution is due. Under Texas law, the asset could be...

How to prepare for and negotiate a gray divorce

When retirement looms for Texas spouses, the decisions that they make in a divorce will have much greater ramifications on their finances. Suddenly, they may need to make lifestyle changes or even push off the date of their retirement because the assets that they were...

Tips for negotiating a fair divorce settlement

If you are getting a divorce, it is important that you understand tax laws and other basic financial concepts. While there is no state income tax in Texas, you may have to account for property taxes or other costs when creating a budget after a marriage ends. Let's...