Whereas once adult children worried about wrangling with siblings over each one's share of the estate pie, today it is far more common to worry that your parents may die broke and heavily in debt, leaving no estate whatsoever.
In 2012, the National Bureau of Economic Research (NBER) conducted a study that yielded startling results. They discovered that debt for senior citizens was off the charts, with almost 50% dying with less than 10K in financial assets.
If you were discharged from the military, then that will stay on your record. There are many reasons why you may be discharged, from dealing with an injury and disability to being penalized for misconduct.
Discharges are frowned upon, and being discharged could mean that you aren't eligible for the benefits that you've earned over time during your service. That's a frustrating situation to deal with, but the good news is that you may be able to have the discharge status upgraded.
At some point, your stepchild stops being the kid of the person you love and starts being an individual whom you love for their own sake. A parental bond may not develop as quickly as a romantic bond sometimes can, but that doesn't make it any less precious to your new, blended family.
If you embrace and lean into your new parental role, you may find yourself yearning for validation of this relationship and protection for it. As a stepparent, if you divorce your spouse, you will have an uphill battle if you want visitation without the support of the child's biological parent.
All marriages have struggles and challenges, even if they are not apparent to onlookers. As a spouse in a marriage, you may feel as though you are the only couple who are experiencing hardships because all other couples you know seem to have perfect relationships. The truth is that there is no such thing as a perfect relationship and that all couples must work through tensions at one point or another.
Whether you and your spouse will get stronger as a result of your current struggles will largely depend on the attitude that you and your partner have toward finding a resolution. The following are some tips for proactively overcoming hardships in a marriage.
When couples go through intensely stressful times, they may easily be triggered by small things that their partner does. If you are currently going through a stressful period in your life because of circumstances beyond your control, you may have noticed that this has taken a toll on your marriage. You may have found that you have started to have arguments for no reason, or that you have become unnecessarily toxic in your communication toward each other.
Even the strongest relationships go through ups and downs. You should never expect married life to always be like the honeymoon period. The couples who enjoy decades in a happy marriage are simply able to work through the hard times through maturity and good communication. If you are worried that your current life circumstances are going to lead you to filing for a divorce, you should be aware of this and understand the most common triggers. The following are some life events that most commonly lead to divorce.
Contested custody situations are never easy, but when your family has a child with special needs, your family's requirements may become far more intensive and specific. Managing a divorce and attempting to protect yourself while also trying to keep life as stable as possible for a child with special needs can require significant effort and planning.
Although you and your ex may not see eye-to-eye on many issues, hopefully, you can agree that minimizing disruptions for your child will be the best approach as you head through a divorce. There will be special circumstances that your family needs to address that other families may not have to consider during a divorce.
Many people believe that estate planning is only for the elderly. As you get ready for deployment, you know that isn't the case. Though you are older and have a family, you haven't yet put together an estate plan. As you look to the future, you've realized that having one is essential, especially if you find yourself in danger while in the military.
You want to know that your family will be taken care of and that your estate is prepared. The last thing you want is for your grieving family to have to go through a tedious probate process or not know your wishes.
When a couple who has a prenuptial agreement chooses to divorce, they may have a simpler, less contentious experience than couples without a prenuptial agreement. Unfortunately, a prenuptial agreement that contains technical errors or legal weaknesses can prolong a divorce, especially if one spouse or the other decides to challenge the agreement.
If you have a prenuptial agreement and believe that divorce is in your future, now is the time to review the agreement. Ideally, an agreement created with careful attention to detail will keep your rights and priorities protected throughout the divorce process. However, you may find errors or weaknesses in your agreement as you review it, giving you key insights as you build your divorce strategy.
In the average Texas divorce, the courts don't pay much attention to allegations of infidelity unless the couple has a prenuptial or postnuptial agreement with clauses that address that specific issue. Marital misconduct should not factor into how the courts divide your assets or how they allocate parenting time.
However, for military service members, adultery is a violation of the Uniform Code of Military Justice (UCMJ). That means that allegations of adultery that surface during your military divorce proceedings could result in a court-martial or similar disciplinary measures that could have a long-term impact on your career trajectory and on the divorce proceedings as well.
When you build an estate plan, it isn't a one-time event. The initial set up helps you get your thoughts in order, but your estate plan may be an ever-growing and changing document.
There are a few times when it's appropriate to update your estate planning documents if you wish to make changes. Here are three of the common times when people may choose to update their estate planning documents (and when you might want to update your own).
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The Law Offices of Jon R. Disrud
13750 San Pedro Avenue, Suite 410
San Antonio,
TX
78232
Phone:
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