November 2018 Archives

How 'birdnesting' may make shared custody easier post-divorce

Regardless of how amicable a split is, the end of a marriage can present several challenges for anyone in Texas, especially when children are part of the picture. Unless sole custody is granted, children are likely to have to split their time between two homes. Some parents wishing to minimize this type of transition for their kids are exploring their options with what's termed "birdnesting."

Divorce and financial assets

Couples in Texas who get a divorce should understand the tax ramifications of the dividing their financial assets and take care to follow the correct procedure when dividing certain types of assets. For example, for divorcing couples who want to split a workplace retirement plan, it will be necessary to obtain a qualified domestic relations order, a legal document that details how much of the employer-sponsored retirement benefits of one spouse will be given to the other spouse.

Understanding a Standard Possession Order

As a Texas parent contemplating a divorce, you need to be aware of the laws surrounding custody and visitation of your children after your divorce. Consequently, you should familiarize yourself with two important terms: standard possessory order and possessory conservator. The former refers to the default parenting schedule in Texas; the latter refers to your children’s noncustodial parent.