July 2016 Archives

Social Security after divorce

When people divorce in Texas, finances are often a major concern. As part of the divorce settlement, issues such as property division, alimony and child support will either be negotiated between the spouses or decided by a judge. What many people do not realize, however, is that they may be entitled to claim Social Security on the earnings of their former spouse even after divorce.

Handling a mortgage in a divorce

When Texas couples in Texas divorce, there are several financial and personal matters that need to be addressed. For example, couples who have children will have to make decisions about child custody, visitation and child support payments. Another area of consideration is the division of assets and debts. Couples who own a home will have to negotiate several issues, including whether one party will choose to remain in the home, whether the home will be sold and what will happen to the existing mortgage.