The end of a marriage does not have to mean the beginning of tax confusion as long as an individual stays informed about the law. After a divorce, a person's taxes can be affected by the filing status, exemptions and alimony. Individuals in Texas who may be facing a divorce may be able to glean some information from a recent article sharing some of the ins and outs of post-marriage tax filing.
It is impossible to pinpoint just one factor that leads couples to separate. Social scientists research to find trends in divorce data in order to better understand the human experience. Families in Texas are in many ways similar to families across the United States and the rest of the world. A recent study has shown that parents of teenage daughters are more likely to divorce, if only slightly.
Experts have been attempting to demystify human behavior by analyzing data for many years. Most recently, a researcher has looked at divorce rates and how they relate to a person's chosen profession. Many people in Texas are familiar with the old stereotype that 50 percent of marriages end in breakups, but is this true, or is it just a myth?
One state is now offering a program for children whose parents are breaking up. The divorce classes are designed to enable children to better cope with their questions about the dissolution of their parent's marriage. Perhaps states like Texas can see the results of the program and apply a similar tool within the state legal system.
Why so serious? Ending a marital relationship doesn't have to be the pits. Divorce can be a normal part of ending a relationship when both parties agree that it's time to move on. One new trend sweeping across social media is the divorce selfie. Will divorcing couples in Texas also adopt the divorce selfie trend?
Taxes can certainly leave the filer stressed out over deductions and potential audits. Trying to do taxes after a divorce can be tricky as well. As a recent news story documents, it is important to have divorce and alimony agreements made crystal clear in writing so that they can be used to determine what, if any, deductions are allowed for alimony. For individuals divorcing in Texas, one man's story can provide some valuable food for thought.
The end of a marriage does not have to be extraordinarily painful or bitter. Sometimes events, relationships and marriages come to their own natural conclusion. When two people decide together that they are no longer compatible, they can choose to divorce in a way that meets the needs of both parties involved and allows them to peacefully go their separate ways. Texas couples considering divorce may be able to take some inspiration from a recent news article about divorce for older couples.
Sorting out the details of a divorce can be tricky and time consuming. Cases are sometimes reviewed on appeal and, when appropriate, sent back to a lower court for further actions. Recently, a Texas appeals court did exactly this with regard to a divorce case involving the owner of a company and his ex-wife. The court actually reversed parts of lower court's ruling and sent the case back to trial.
There are many elements that come into play when considering a life partner. One unexpected factor in lifelong happiness and the possibility of a future divorce is the credit scores of the spouses. Several recent studies, including one undertaken at the University of Texas, take a look at the impacts of credit scores on marriage and divorce.
Prenuptial agreements can be an important tool for couples considering marriage. Texas couples may wish to learn the ins and outs of the prenup, especially if the marriage is later in life or if one of the spouses owns significantly more assets than the other. A prenuptial agreement can help with property division, alimony and financial protection.