Blog
512-610-6199
8911 N. Capital of Texas Highway
Building 2, Suite 2105, Austin, TX 78759

b2ap3_thumbnail_mediation_20180311-212328_1.jpgDividing marital assets can be one of the most contentious issues in a Texas divorce, especially when a significant amount of money is at stake. In many cases, couples must resort to litigation and have a judge issue an order directing them as to how their assets should be divided. Litigating a divorce in court can be expensive, time-consuming, and emotionally draining, so it is important for couples to remember that it is possible to avoid litigation completely and reach a fair settlement through mediation. This option allows couples to maintain more control over the terms of their final arrangement, while also saving them time and money. For more information on whether mediation is right for you, please contact one of our Georgetown high asset divorce attorneys at your earliest convenience.

Property Division Settlement

Mediation offers divorcing couples an environment where they can work through divorce-related issues respectfully. These conversations are facilitated by a neutral third party who can help keep the parties on track, remind them of their goals, and ensure that emotion does not derail proceedings. There are other benefits to choosing mediation for a high asset divorce including the following:

...

Posted on in Divorce

Texas divorce attorneyDissolving a marriage does not necessarily have to be contentious. In fact, many couples are able to come to decisions regarding custody, child support, and property division without a judge’s intervention. When this is possible, it can significantly cut down on expenses, save time, and help protect children from the more emotional aspects of divorce. Mediation is one of the best ways to achieve this type of result, so if you and your spouse are both focused on an amicable divorce, please contact a member of our experienced divorce legal team to learn more about your options.

What Does the Mediation Process Involve?

Mediations are one of the most popular methods of negotiating a divorce settlement and involve a meeting between both parties, their respective lawyers, and a neutral third party. This third party, known as a mediator, is tasked with helping couples resolve the following kinds of issues by facilitating discussion and negotiation:

...

Posted on in Divorce

Texas divorce attorney, Texas complex litigation lawyerIn the midsts of the holidays, not everyone is full of cheer and happiness. Thousands of homes across the country are in the middle of strife and anxiety, more than that associated with entertaining for the holidays. Recent studies show an increase in divorce cases following the holidays. Many psychologists offer possible reasoning for the rise.

Bad Gifts

In most divorces following the gift-giving seasons, the gift actually may be the straw figuratively breaks the camel’s back. Although the gift is not the primary reason for divorcing someone after several years or even decades of marriage, each year the other spouse has renewed hope that this year will be better. When a gift is given that solidifies incompatibility between spouses, many lose the faith of improving conditions. Unless the gift is truly outlandish, the recipient has predetermined based on other factors that unless their spouse “knocks this one out of the park,” the marriage is over.

...

Posted on in Divorce

Texas high asset divorce attorney, Texas complex litigation lawyer, Austin high asset divorce lawyer,Most people relocate twelve times during their adult lifetimes, with a majority of these moves prompted by job changes and coming before age 45. Since many people in this age group have young children, modification of existing divorce or family law orders is often necessary. This is especially true in Texas, because of the vast distances between communities, at least in most parts of the state.

Some people put off modifications in these instances, preferring to rely on the "mutual agreement" provision in the Standard Possession Order. Such an agreement does not replace a complex child custody proceeding, but it does make the process somewhat more straightforward.

Custody/Visitation Modification

...

Posted on in Divorce

Texas high asset divorce attorney, Texas complex litigation lawyer, Complex divorce atttorney, The poverty rate among unmarried women over 50 is nearly three times higher than the rate for divorced men over 50, according to a recent study.

To explain the discrepancy, researchers pointed to Social Security laws. When the Social Security Act was passed in the 1930s, most eligible persons were married, and so women who had been absent from the workforce for a number of years could rely on a spouse's Social Security benefit. But as the divorce rate in this age bracket has increased significantly in recent years, that reliance is no longer possible in many cases.

In 1980, one in five midlife adults were unmarried; today, that proportion is one in three.

...

The Law Offices of William D. Powers

8911 N. Capital of Texas Highway, Building 2, Suite 2105, Austin, TX 78759