So you have now decided to divorce. You know it will be painful & scary, but you believe the time is right to have a single life. Financial vulnerability and risks are inevitable.
Every year, approximately three million men and women head down the emotional and financial path of divorce. Following a divorce the cost is usually 25-50% more to maintain your pre-divorce lifestyle. A single household becomes twice as expensive as each spouse losses the benefit of the other spouses income. Economic discrimination due to gender gaps place additional financial burdens on women. A woman’s standard of living may drop 27% while a man’s standard of living may increase 10%!
Now start with the financial basics in surviving your divorce! What are the basics?
A secure place to live
Create little or no debt
Protect retirement assets or income
Use of liquid money or assets
The most important of these basics is Liquid money! You will need money to find a place to live and hire an attorney. You will also need money to pay your expenses during your divorce. Liquidity will definitely come in handy and enhance your position in the proceedings.
What about Debts? If possible pay off your debts now. The uses of savings or assets you can liquidate are the cleanest methods. Many divorced people find themselves responsible for their EX’s portion of debt since the exiting spouse refuses to pay. Legally, you may be responsible if your ex-spouse does not pay. Try to start your new life free of debt and with a new sense of self confidence!
What about Cash Issues and Retirement Assets in a Divorce? If you and your spouse have retirement savings, each of you will probably be entitled to a one-half share or a portion based on a fixed ration of the number of years married and number of years of investing. This money could be kept for retirement or used to repay other current expenses or debts. Make sure you examine prospective tax treatment to avoid the 10% penalty on early withdrawal by the IRS.
Some tax questions to know about:
Are spousal maintenance payments tax deductible?
Who will be able to claim Head of Household status?
Who gets the tax exemption for the kids?
Is child support non-deductible?
Which Attorney fees are tax deductible?
Always remember to “Look at the big picture”. Keep your focus on finances and parenting. If you need help from smart professions, as your attorney, accountant, or mental-health professional, get it now! They will help you and your family with focus, objectivity and a long-term vision that is very difficult for you during this tumultuous time in your life. Now you need to be able to articulate you needs and goals for the future.
Do not forget! This time too shall pass and you may be, with planning, better than ever in the future!
Mom and Dad are divorcing or have been divorced and are now sharing joint custody of their children in the same city in Texas. One parent receives a letter from the other parent’s attorney requesting that this parent be allowed to relocate the children to another state so he/she may take a better job position with another company! This is a dilemma no parent ever wants to experience! Child Custody cases involving interstate relocation jurisdiction issues cause much heartache and are costly legal battles.
What can a Parent do to protect themselves from children being relocated away from the non-moving parent to another state without her/his consent? How may this affect the parent’s relationship with the children?
The Texas Family Code 153.002 Best Interest of Child states “The best interest of the child shall always be the primary consideration of the court in determining the primary consideration of the court in determining the issues of conservatorship and possession of and access to the child.”
The Texas Family code does not elaborate on the specific requirement for modification in the residency-restriction context, and there are no specific statutes governing residency restrictions or their removal for purposes of relocation. Texas Courts have no statutory standards to apply to this context.
The Texas Legislature has provided Texas Family Code 153.001, a basic framework on their public policy for all suits affecting the parent-child relationship:
The public policy of this state is to:
Assure the children will have frequent and continuing contact with parents who have shown the ability to act in the best interest of the child;
Provide a safe, stable, and nonviolent environment for the child;
Encourage parents to share in the rights and duties of raising their child after the parents have separated or dissolved their marriage.
How does The State of Texas treat an initial Child Custody determination?
Texas Family Code 152.201 of the UCCJEA states, among other things, that a court may rule on custody issues if the Child:
*Has continually lived in that state for 6 months or longer and Texas was the home state of the child within six months before the commencement of the legal proceeding.
*Was living in the state before being wrongfully abducted elsewhere by a parent seeking custody in another state. One parent continues to live in Texas.
*Has an established relationship with people (family, relatives or teachers), ties, and attachments in the state
*Has been abandoned in an emergency: or is safe in the current state, but could be in danger of neglect or abuse in the home state
Relocation is a child custody situation which will turn on the individual facts of the specific case, so that each case is tried on its own merits.
Most child custody relocation cases tried in Texas follow a predictable course:
Allowing or not allowing the move.
Order of psychological evaluations or social studies of family members
Modification of custody and adjusting of child’s time spent with parents
Adjusting child support
Order of mediation to settle dispute
Allocating transportation costs
Order opposing parties to provide all information on child’s addresses and telephone #
Help to Prevent Your Child’s Relocation in a Texas Court by Preparing Your Case!
Does the intended relocation interfere with the visitation rights of the non- moving parent?
The effect on visitation and communication with the non-moving parent to maintain a full and continuous relationship with the child
How will this move affect extended family relationships living in the child’s current location?
Are there bad faith motives evident in the relocating parent?
Can the non-moving parent relocate to be close to the child? If not, what type of separation hardship would the child have?
The relocating parent’s desire to accommodate a new job, spouse, or other criteria above the parent-child relationship. A Parent’s personal desire for move rather than need to move?
Is there a significant degree of economic, emotional or education enhancement for the relocating parent and child in this move?
Any violation of an order or prior notice of the intended move or a temporary restraining order
Are Special Needs/ Talents accommodated for the child in this move?
Fear of child and high cost of travel expenses for non-moving parent or child to visit each other to be able to continue parent- child relationship.
What other Paramount Concerns would affect the child concerning the relocation from the non-moving parent?
At the Nacol Law Firm PC, we represent many parents trying to prevent their child from relocating to another city or state and having to experience “A Long Distance Parental Relationship” brought on by a better job or new life experience of the relocating parent! We work at persuading courts to apply the specific, narrow exceptions to these general rules in order to have child custody cases heard in the most convenient forum in which the most qualifying, honest evidence is available; cases where the child’s home state or other basic questions are clarified, and cases where a parent has the right in close proximity with their child regardless of other less important factors.
Child custody issues can be difficult for the parties involved at any time, but when the custody case crosses a state line, Dallas family law attorney Mark Nacol warns that many more conflicts and problems may arise.
Most states follow a uniform law regarding determination of appropriate state jurisdiction in custody matters known as the Uniform Child Custody Jurisdiction and Enforcement Act (UCCJEA), and related statutes laws which enforce or set procedures regarding proper jurisdiction such as the Parental Kidnapping Prevention Act. Texas has adopted these statutes. The Uniform Child Custody Jurisdiction Enforcement Act defines which state has or may maintain jurisdiction in a particular case and often mandates that other states recognize decisions handed down by the state determined to have jurisdiction.
The Act states, among other things, that a court may rule on custody issues if the Child:
- Has continually lived in that state for 6 months or longer
- Was living in the state before being wrongfully taken elsewhere by a parent seeking custody in another state
- Has an established relationship with people (family, relatives or teachers), ties, and attachments in the state
- Has been abandoned: or is safe in current state, but could be in danger of neglect or abuse in the home state
There are a number of core factors involved in determining which state is appropriate to initiate or maintain an existing suit. Usually, there are only two states involved, but it is possible to have more than two states involved in cases where there is a frequent moving of the parties and or the children. Generally, any state in which one of the parties and the child has continually resided for a year may establish venue to commence a lawsuit.
The Nacol Law Firm PC represents parents trying to enforce these laws; cases where there is a need to persuade courts to apply the specific, narrow exceptions to these general rules in order to have custody cases heard in the most convenient forum in which the most evidence is available; cases where the child’s home state or other basic questions need to be clarified, and cases where a parent has violated or has been falsely accused of violating these laws.
As family relationships grow and develop, conflicts can arise. Family law provides guidelines and offers legal alternatives to remedy the issues family members often face.
At The Nacol Law Firm PC, Mark A. Nacol addresses the concerns of clients throughout Texas in a wide scope of family law matters that include:
- Modifications and post-divorce modifications
- Child custody and child support
- Visitation and residence restrictions
- Interstate jurisdiction
- Alimony and spousal support
- Paternity and voluntary legitimating
- Property division
- Prenuptial and marital and domestic relating agreements
- Post-marital agreements
- Enforcement of court orders
- Same-sex unions or same-sex marital conflicts and dissolution options
- Grandparent custody and visitation rights
Are you needing a Dallas fathers rights attorney? Attorneys Mark Nacol and Julian Nacol, with the Nacol Law Firm P.C., provide legal counsel and representation to help you protect your rights as a father.
Are you a father or husband involved with pending divorce, paternity, modifications, property and asset division, child custody, child support or visitation issues? Perhaps you have issues involving parental alienation, false allegations of abuse or false paternity claims.
It is important for you to know your legal rights as a father!
Call our Dallas fathers rights attorneys, Mark Nacol and Julian Nacol, for a consultation today.
The Nacol Law Firm PC
8144 Walnut Hill Lane
Dallas, Texas 75231
Toll Free: 866-352-5240