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November 2016 Archives

Grandparents' rights to visitation

Adoption is an excellent option for starting a family if a Texas couple is unable to have children. However, adoption typically requires that a child's parents renounce their rights to be involved in the life of their offspring. Unfortunately, grandparents typically have no say in such a matter. Unless a grandchild is adopted by a stepparent or by another grandparent, the ability to maintain a relationship with a grandchild could be permanently ended. However, this is affected by state law because some states preserve visitation rights for grandparents in spite of adoption.

Student loan debt after a divorce

When Texas couples are facing the end of their marriages, property division is often an issue that requires some thought. Many fail to realize, however, that the process also included the division of debts, and unless the parties can otherwise agree, Texas courts will in most cases divide marital obligations equally between the spouses under community property law.

Divorcing after 50

Child custody is often the primary concern for younger people who are divorcing. When Texas couples in their fifties consider divorce, they may find that their financial assets become the focus. While younger couples are staying married more frequently, the divorce rate for people over fifty has almost doubled since 1990. By the time people reach that stage in life, they have often reached a pinnacle of their careers, have accumulated a good amount of savings, investments and real estate, and have retirement plans to fund.

Older women and divorce

The divorce rates for baby boomers have been steadily increasing over the years. In fact, from 1990 to 2010, the rate more than doubled according to the National Center for Family & Marriage Research. Texas women who are nearing retirement and who facing the end of their marriage should be aware of how it may impact their retirement years.

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