Ending a marriage is emotionally challenging for any couple. In addition to the emotional aspect, the law and its procedures are taxing and complex. The process of divorce or annulment involves issues ranging from child custody, child support, spousal support, and property distribution. It is important to have an understanding of divorce in Texas as the issues regarding divorce have long-lasting effects on a person’s finances and property.
If you are at the end of your marital rope and have decided that divorce is the best option for you, make sure you consult a divorce attorney. An experienced Texas divorce attorney can provide you with the assistance and legal counsel that you need to navigate the divorce process and arrive at the best possible outcome.
Types of Divorce
There are several ways to move forward with your divorce and multiple issues that could either make things more or less complex. Some basic or common issues in divorce are as follows:
An uncontested divorce is the type of divorce in which both spouses agree on the best course of action to execute their separation. Although it could be a given that both of you agree on the major issues, you still have to negotiate the best way to implement your separation. Your legal counsel or attorney can negotiate a fair agreement with your ex or their attorneys.
A contested divorce is when spouses cannot reach an agreement on an issue. With this type of divorce, things could go to trial, in which a court order or ruling will be determined. It is ideal for you and your ex to eventually agree on issues, but there are some that are beyond negotiation and rights and interests that you should fight for. Your attorney can help you determine which issues are worth battling for as well as the ones that are not worth pursuing.
During a mediated divorce, spouses and their divorce attorneys will meet with an unbiased, neutral third-party mediator to find a mutually fulfilling solution to their issues. A professional mediator can help spouses reach a fair compromise or work together on a common ground. Your Texas divorce lawyer will make sure that all deals are fair and not particularly just in favor of your spouse at your expense.
This type of divorce works best for both spouses who are trying to proceed with the divorce process in a timely manner. It generally works for people who would rather agree on most issues than battle it out in court where the process would take more time and money.
Divorces When a Businesses Is Involved
A divorce with a business attached to it can be expected to be much more challenging. The business could be family-owned from prior generations or it could be a newly established. Either way, everything will be categorized and divided between a divorcing couple.
Usually, you are almost always pressed for time, which makes it all the more valuable, when you are a practicing professional. It is challenging to balance time and resources between a career and an ongoing divorce, but having an experienced Austin divorce attorney will do you well in understanding and going about the process.
High Net Worth Divorce
Due to the large amount of money at stake, a divorce involving couples with high net worth can be more complex. Marriage is considered a partnership. It follows that wealth you have accumulated during the span of your marriage ought to be shared or divided with your spouse without considering who actually earned the acquired wealth. You most likely want to keep what you earned, but if you are thinking of hiding any asset, you should know that it is illegal during the process of divorce.
High Asset Divorce
All shared assets will be divided evenly between you and your spouse during divorce. Reaching an agreement on how to divide fairly high-value assets can be daunting. It certainly might prove to be difficult. You and your spouse must adhere to the principle of dividing assets in a “just and right” manner. An experienced Austin divorce attorney can help you deliberate a fair outcome and preserve your claim on your most valued assets.
Modifying Divorce Decrees
After every issue and concern have been deliberated, the court will now issue a divorce decree, which finalizes your divorce. A divorce decree should be reviewed and all terms and deadlines faithfully followed. There are times, however, when some people cannot adhere to the terms indicated or determined in the decree and there is a need for modification. If you and your ex-spouse cannot meet all the terms in the decree and need them modified, please consult an experienced Austin divorce attorney.
The decision to file for a divorce and proceed with the process is difficult. You will need to understand the process and determine the best course of action based on your unique case. If you are ready to get started, schedule a consultation with one of our divorce attorneys today.