Jan 21, 2020 · The decisions taken during a divorce have a long-term effect and it is important that you have expert legal advice. Among the reasons for hiring a lawyer are: To understand your rights & duties. Everyone has certain rights under the law. This includes you, your spouse, your children, and even other family members.
If your divorce involves high assets, the terms of prenuptial agreements, or domestic violence, a divorce attorney can easily tackle these other areas of law for you. Not only does this save time and money, but it also means that the attorney will help you create a personal strategy for handling your divorce. An Understanding of the Mediation Process
Why Should I Hire a Divorce Attorney? 281-810-9760 Houston Office 281-810-9760 3707 Cypress Creek Parkway, Suite 400 Houston, TX 77068 Map & Directions Humble Office 281-868-6355 7702 FM 1960 Rd E, Suite 212 Humble, TX 77346 Map & Directions The information on this website is for general information purposes only.
Dec 06, 2019 · Most people have the impression that hiring a lawyer to handle their divorce process is costly and unnecessary. But actually, the cost of obtaining a lawyer might well be worth it. The divorce process is very intricate and complex. Although handling your divorce case will save you some money, you might be missing out on some essential elements.
Divorce attorneys generally charge $200- $300 per hour , and partners in well-known New York City, Los Angeles, and San Francisco family law firms typically charge $450 per hour. These attorneys can provide advice on divorce-related issues, but they are not therapists or certified financial planners.
The mediation process involves a neutral third-party mediator (an experienced family law attorney trained in mediation) that meets with the divorcing couple and helps them reach an agreement on the issues in their divorce. Mediation is completely voluntary; the mediator will not act as a judge, or insist on any particular outcome or agreement.
Failing to Recognize Your Common Enemy - the I.R.S. Work together with a divorce financial planner or tax accountant to minimize the total taxes you and your spouse will pay during separation and after divorce; you can share the money you save.
Work together with a divorce financial planner or tax accountant to minimize the total taxes you and your spouse will pay during separation and after divorce; you can share the money you save. Don't forget that both spouses are liable for taxes due as a result of audits on joint returns, so it's usually in your best interest to work together and minimize possible liabilities. If you're facing complicated tax issues in your divorce, it's best to consult with an experienced family law attorney and an accountant.
The biggest mistake divorcing spouses can make is being in the dark about finances. If your spouse has always handled all of the financial decisions in your household and you don't have any information about you and your spouse's income and assets, your spouse will have an unfair advantage over you when it comes time to settle the financial issues in your divorce.
The marital residence, the pension you earned, a painting purchased during your marriage - these assets often bring an emotionally charged debate to divorce negotiations, which can impair good decision-making. Often, divorcing spouses that are attached to the family home don't realize that they can't really afford.
Sounds good, right? The only way to know if you're getting a fair deal is to determine the value of the investments on an after-tax basis, then decide if you like the deal. Again, you should speak with a tax professional about the impact of any proposed property division before you agree to it.