No one can deny that the cost of college has soared, and many people in Texas must take out thousands of dollars in student loans, just to finance their education. Oftentimes a person takes out these loans and then later on marries. Sometimes it is the case that one spouse earns a lot more than the other and thus, that spouse's higher income is what makes it possible to pay back the other spouse's student loans. However, what happens if couples in such situations later on decide to divorce? Is the higher-earning spouse entitled to anything for paying back their partner's student loans?
What should Texans avoid doing before their divorce is finalized?
The end of a marriage is a time of tumultuous change for everyone in the family, especially if the couple has children. It may be tempting to make rash decisions, especially in heated moments. However, such decisions could be very costly down the road when it comes to settling issues such as child custody (known as conservatorship in Texas), property division and spousal maintenance.
Children in Texas need to have access to parents post-divorce
Divorce can be difficult not just on parents, but also on their child. The child deserves to have a healthy and meaningful relationship with both parents. Therefore, when the child is living with one parent, he or she should be able to communicate with his or her other parent. Fortunately, in today's day and age there are many ways for children to keep in touch with their parents, including electronic means.
How can parents explain divorce and child custody to their child?
When two parents in Texas divorce, they must break the news to their child. Not only will they have to explain to the child that their marriage is ending, but they also must let the child know what their life will look like post-divorce. The following tips may help parents explain these difficult topics with their child, with the ultimate goal of keeping the best interests of the child in mind.
How can you avoid serious partner disputes?
Anytime you start a business with one or more individuals, you must anticipate possible disagreements. It is difficult to imagine that you and your partner will see eye-to-eye on all aspects of managing the business, determining compensation and making key decisions for your company’s future.