Nacol Law Firm

Jul
13

Thinking of a Texas Divorce? Prepare A Divorce Financial Checklist For Your Next Move

Preparing for a Texas Divorce: Assets

Going through a Divorce is painful no matter what the circumstances are. Before you get into the Texas Divorce Process, reduce expense, stress and conflict by making sure you are financially prepared. Planning ahead helps you in making sound decisions, start preparing for post-divorce life, and avoid many post-divorce pitfalls. Below is a list of items you need to gather before counseling with an attorney. Financial Documents are a must to show what your true assets and liabilities are in your marriage.
We have included many assets that you may or may not have. This is only a financial checklist of multiple assets for your review so you will not miss an important asset that needs to be reported.

Documents:

1. Tax Returns (at least three years) or Tax Liens and all IRS related documents

2. Wills and Trusts with all attachments reflecting corpus and trust holdings

3. Listing of all liabilities (including mortgages, credit card debt, personal loans, automobile loans, etc.):
—Name of entity, address and telephone number
—Account number
—Amount owed
—Monthly payment
—Property securing payment (if any)
—Most current statements and account status of lenders

4. A Listing of all Real Property, address and location, including (includes time-shares and vacation properties):
–Deeds of Trust
—Notes including equity loans and second liens
—Legal Descriptions
—Mortgage Companies and Loan Servicers (Name, Address, Telephone Number, Account —Number, Balance of Note, Monthly Payments)
—Current fair market value
—Appraisals

5. Motor Vehicles (including mobile homes, boats, trailers, motorcycles, recreational vehicles; exclude company owned):
—Year
—Make
—Model
—Value
—Name on title
—VIN Number
—Fair Market Value
—Name of creditor (if any), address and telephone
—Persons listed on debt
—Account number
—Balance of any loan and monthly payment
—Net Equity in vehicle

6. Cash and accounts with financial institutions (checking, savings, commercial bank accounts, credit union funds, IRA’s, CD’s, 401K’s, pension plans and any other form of retirement accounts):
—Name of institution, address and telephone number
—Amount in institution on date of marriage
—Amount in institution currently
Account Number
—Names on Account
—Company loans and documents related to benefits

7. A listing of separate property (property owned prior to marriage, family heirlooms, property gifted, inherited property):
—Records that trace your separate property. These assets will remain yours if properly documented

8. Retirement & Pension Benefits:
—Exact name of plan
—Address of plan administrator
—Employer
–Employee
—Starting date of contributions
—Amount currently in account
—Balance of any loan against plan
—Documents

9. Publicly traded stock, bonds and other securities (including securities not in a brokerage, mutual fund, or retirement account):
—Number of shares
—Type of securities
—Certificate numbers
—In possession of
—Name of exchange which listed
—Pledged as collateral?
—Date acquired
—Tax basis
—Current market value
—If stock (date option granted, number of shares and value per share)
—Stock options plans and related documents

10. Insurance and Annuities Policies and Inventory:
—Name of insurance company
—Policy Number
—Insured
—Type of insurance (whole/term/universal)
—Amount of monthly premiums
—Date of Issue
—Face amount
—Cash surrender value
—Current surrender value
—Designated beneficiary
—Other policies and amendments

11. Closely held business interests:
—Name of business
—Address
—Type of business
—% of ownership
—Number of shares owned if applicable
–Value of shares
—Balance of accounts receivables
—Cash flow reports
—Balance of liabilities
—List of company assets
—Possible hobbies or side businesses that generate income

12. Mineral Interests (include any property in which you own the mineral estate, separate and apart from the surface estate, such as oil and gas leases; also include royalty interests, working interests, and producing and non-producing oil and gas wells:
—Name of mineral interest
—Type of interest
—County of location
—Legal description
—Name of producer/operator
—Current market value
—needs leases or production documents related to the asset

13. Money owed by spouse (including any expected federal or state income tax refund but not including receivables connected with any business)

14. Household furniture, furnishings and Fixtures
—photos
—purchase receipts and documents

15. Electronics and computers including software and hard drive

16. Antiques, artwork and collectibles (including works of art, paintings, tapestry, rugs, crystal, coin or stamp collections) Other large collections need to be appraised! (Guns, quilts, action figures, books)

17. Miscellaneous sporting goods and firearms

18. Jewelry including appraisals

19. Animals and livestock

20. Farming equipment

21. Club Memberships

22. Safe deposit box items

23. Burial plots including documents of ownership

24. Items in any storage facility

25. Travel Awards Benefits (including frequent flyer miles)

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Jul
13

Father’s Access and Possession of Their Children: A Father’s Absence can be Disastrous to his Children’s Lives

There is now a discernible shift in the United States concerning Fathers Rights. A new legal awareness in many state family courts is leaning towards both parents need to be involved in raising a normal loving child.  Mom and Dad may not be able to live as a couple, but the child deserves to have both parents in his/her life. Many legal professionals in the United States are working on changing old antiquated strict ideas on the parental foundation structure of the family.  Ideas on raising children, even in a broken family, need to include both Dad and Mom.

According to the National Center for Fathering, “More than 20 million children live in a home without the physical presence of a father. Millions more have dads who are physically present, but emotionally absent. If it were classified as a disease, fatherlessness would be an epidemic worthy of attention as a national emergency.”

“Psychology Today” researchers have found this statement to be true. The results of father absence in their children’s lives can be disastrous. Specific behavior for many of these children are: 

  1. Children’s diminished self-concept, and compromised physical and emotional security 
  2. Behavioral problems (fatherless children have more difficulties with social adjustment, and are more likely to report problems with friendships, and manifest behavior problems) 
  3. Truancy and poor academic performance (71% of high school dropouts are fatherless; fatherless children have more trouble academically, scoring poorly on tests of reading, mathematics, and thinking skills. 
  4. Delinquency and youth crime, including violent crime (85% of youth in prison have an absent father; fatherless children are more likely to offend and go to jail as adults)
  5. Promiscuity and teen pregnancy 
  6. Drug and alcohol abuse 
  7. Homelessness (90% of runaway children have an absent father)
  8. Exploitation, A, and emotional maltreatment 
  9. Physical health problems and Mental health disorders
  10. Life chances and future relationships
  11. Mortality (fatherless children are more likely to die as children, and live an average of four years less over the lifespan)

“When fathers are actively involved with their children, children do better, states Dr. Paul Amato, noted parent-child relationship sociologist at Pennsylvania State University. “Research suggests that fathers are very important for a child’s development”. The “Fathers Effect” is the term for the benefits of the paternal presence. These effects are numerous when fathers actively participate in family life. Minimum time must be spent together, but quality of time is more important than quantity of time”.

Fatherhood trends in America are changing! With the increase in the number of mothers who have now entered the job market, more fathers have started taking a more active role in caring for their children as single fathers are significantly growing in numbers. Pew Research has come out with new facts on American Dads and here are their key findings:

  • More dads are staying home to care for their children 
  • 57% of fathers see parenting as central to their identity with 54% find parenting rewarding all the time.  
  • Work-family balance is a challenge to balance work and family life. 52% of working dads say it is very or somewhat difficult to do so. 
  • 74% of men face major pressure to support their families financially, while 49% face pressure to be involved parents. 
  • It has become less common for dads to be the family’s sole breadwinner. 
  • Fathers are much more involved in childcare. But in caregiving mothers are still view as the primary parent.
  • 63% of fathers still feel they spend too little time with their children usually because of work obligations. 

In the future it may be possible for 50/50 joint custody and co-parenting with both parents to be the legal presumption and the norm for presumed access and possession of Divorce or Mediation Orders.  Divorce is never blameless, but raising a child is where parents must raise above their personal feelings and think of what is best for the child. 

Nacol Law Firm P.C.
Fathers Rights Attorneys
Dallas TX
(972) 690-3333

By Nacol Law Firm | Possession of Children
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Jul
12

Nacol Law Firm P.C. “Versus” Covid-19 Virus

These last three months have really taken its toll on Texas, the United States of America, and the World. Our main concern now is how it has affected our great State of Texas and our DFW Community where we live, work and where our families, friends and clients make their home. On March 7, we sent our employees home to work and our attorneys made the decision to stay working at our Dallas law office in case a current customer or emergency situation needed to be addressed when many other law firms, fully or partially, shut down for the Covid-19 Season.  Even with our Employees working from home, our phones were always answered by a smiling voice and a listening ear for emergency and client legal situations.  The last few months has been a serious legal complexity and changing environment for ourselves and many of our neighbors, friends, and clients.

The Courts then, in major part, closed and only people who could afford an attorney were able to address legal serious problems that were happening in their lives and businesses.  We have worked on blogs which helped people on finding help for domestic violence and answered calls from people all over the US concerning where to get help on a situation in their state after reading our blogs.  We listened to their painful cries for help and sent them to their State Bars of Law for referrals.  Not one call was dismissed, and we always tried to help, no matter where they lived.  

Now we are approaching Phase 2 of the ”Covid-19 Scare”?  Many businesses will again be closing and this time, many will not be able to have the funds or support to open their doors again.  What will our Law Firm do? Will we send our office family home to work again? Yes, we will!  But will we stop answering our phones or turn away our clients and emergency clients who are desperate for help because we are afraid? NO, WE WILL NOT! We are lawyers and now the People of Texas need our services more than ever.

The Nacol Law Firm P. C. is open for business and will be available to take Calls and Zoom appointments for people / businesses / corporations / nonprofits, who we can help at this time.  If there is a situation that we cannot help with, we will try to have information on other sources that may help the caller.  We are proud citizens of the United States of America and the Great State of Texas.  We are also proud Attorneys of The State Bar of Texas and we will not give up on people who need our help. 

Our services may be a little different than before. In our office, everyone must wear a mask and social distance themselves. Most of our conferences and hearings are by Telephone or Zoom unless it is a very serious emergency.  All Court hearings, mediations, depositions are now mainly by Telephone or Zoom, but we can get it done. 

Covid- 19 virus may seriously hurt our people and economy in Texas, but if we all work together to beat this “Demon”, we will be the “Winning Team”. 

Make Today Your Winning Day! Call Us! We can help!

Mark A. Nacol /Julian M. Nacol
Nacol Law Firm P. C.
(972) 690-3333
Walnut Glen Tower
8144 Walnut Hill Lane #1190
Dallas, Texas 75231

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Jul
06

How Fathers Can Improve Their Chances of Getting Child Custody in Texas

Times have changed! Mothers’ having primary custody of the children is not always the accepted social presumption as in the past. Courts, legislatures and juries are becoming more aware of the vital necessity of father’s being involved in the lives of their children. Children with positive father involvement have fewer behavior problems, higher levels of sociability, and perform better in school.

Recent research suggests that father involvement is essential to a child’s social, moral, and physical growth during the adolescent period. A father’s involvement during pregnancy affects multiple areas of child development and family well- being, from prenatal care, to the likelihood that the father will provide ongoing financial and emotional support. This body of research is gaining momentum. Local and regional governmental agencies are focusing more and more on parental father involvement in the lives of children.

As a result of the continuing evolution of fathers’ rights, Courts are now recognizing a father’s ability to care for his children as an equal to that of the mother. Starting out on an equal plane, the Court may look to which parent is more stable, has a superior income, has a parenting plan in place for the child and is capable of providing proper child care and spending more quality time with the child.

As a father, how can you increase your chances of getting child custody in Texas? You must be a good father and spend time with your children by involving yourself in their daily lives. You need to be responsible and reliable to the needs of your kids. Know and participate in all aspects of their lives. This includes school activities, doctor’s appointments, extracurricular events and getting to know and bonding with their friends.

Reflect on your own personal experiences as a child growing up and think about what was really important to you and your parent’s interaction during that period.

If a father voluntarily gives up rights to his children based on prejudices of the past in the Court system, he will feed a mother’s confidence and sponsor unnecessary ongoing litigation. The number one mistake made by fathers in the court system today is a failure to take the time to learn how the system works. Failing to learn how the family law system works may doom your case. Once you have learned the ins and outs of the family law system you will need to form a viable plan, set goals and never relent in enforcing your rights as a father.

Five of the biggest mistakes men make in a legal action are: 1) failing to respond to the legal action itself; 2) obtaining incorrect legal advice (from friends and family rather than a legal expert); 3) signing a settlement agreement that is not in agreement with and later deeply regretting it; 4) failing to perform under the actual settlement agreement signed; and 5) getting frustrated and/or acquiescing to unreasonable demands and orders.

Some of the things you may want to consider as you prepare for the custody battle are as follows:

  1. Who has the financial ability to best care for the child(ren)? Be sure to have income tax verification, W-2 Forms and other financial information available.
  2. Form a parenting plan (child care, after school care, transportation, pediatrician, etc.).
  3. Who is more stable and/or can provide the best home for the child (ren)?
  4. Where has the child (ren) been attending school? Is it possible to keep the child in the same school district?
  5. Prepare a chronology of events leading up to the divorce including treatment of the child(ren), time spent with the child(ren), activities with the child(ren), the child(ren)’s schedule.
  6. Consider if a home study should be prepared regarding each home of the child.
  7. Consider whether a psychological evaluation should be done on the mother?
  8. Is drug testing necessary? (Be sure to request hair follicle drug testing.)
  9. Is there an alcohol or other addiction problem in the home?
  10. Who can provide the best moral upbringing for the children?
  11. Is there evidence such as pictures, video tapes, etc. that may help your case?
  12. Avoid unnecessary compromising photos or data on Facebook or other social networking sites.

List any other relevant issues you feel may be important to your child custody case before you meet with an attorney about your rights as a father.

By Nacol Law Firm | Child Custody
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Jul
05

Out of State Child Relocation and the Uniform Child Custody Jurisdiction and Enforcement Act (UCCJEA)

In today’s hectic pace, moving to another state for business, family demands, or pleasure is a very common occurrence. But what about the family that is separated by divorce or separation and share custody of their children?  What happens to this family situation when Mom or Dad decides to take another job or wants to move to another state and take the children to or from the other? A Child Custody Relocation Case?

Sadly this happens frequently. Most Texas attorneys employ a geographic restriction in divorce decrees for couples who have children.  These restrictions dictate that the Child and Custodial Parent must live within a school district, County of Domicile, or consecutive contingent counties near the non-custodial parent. But what happens if this restriction clause is not contained in the divorce decree or if Dad/Mom were never married?

Forty Nine States, including Texas have adopted the UNIFORM CHILD CUSTODY JURISDICTION AND ENFORCEMENT ACT (UCCJEA) drafted by the National Conference of Commissioners on Uniform State Laws in 1997. The UCCJEA is a very helpful law since all states but one participate in the determination  of the ”HOME STATE” and which jurisdiction will  handle the family case. UCCJEA also helps to protect non-custodial Parents fighting for child custody out of state when their children have been moved to another state or over 100 miles away from them.

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 consider custody issues if the Child:

*Has continually lived in the 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 over significant time relationships 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:

  1. Allowing or not allowing the move.
  2. Order of psychological evaluations or social studies of family members
  3. Modification of custody and adjusting of child’s time spent with parents
  4. Adjusting child support
  5. Order of mediation to settle dispute
  6. Allocating transportation costs
  7. Order opposing parties to provide all information on child’s addresses and telephone number.

There is another important cause of action in Texas where the court will “take “EMERGENCY JURISDICTION’ over a case even though another state has the original jurisdiction. If the opposing party can prove that a legitimate emergency exists and Texas needs to assume the jurisdiction. These emergency situations could be abuse of the child, abandonment or cause neglect of the child, or any action that would put the child in immediate harm’s way.

The Nacol Law Firm P.C. @ www.nacollawfirm.com  is committed to helping parents have the right to have frequent and continuing contact with their child at all times and encourage parents to co-share in the rights and duties of raising a stable, loving child. Many times, because of parental alienation or other personal factors, a child will be taken away from the non-custodial parent and this can cause some serious mental and behavior problems for the child which could follow her/him into a lifetime adult situation.  

Sometimes you can settle, SOMETIMES YOU FIGHT FOR YOUR RIGHT!  We can help!

By Nacol Law Firm | Child Custody . Interstate Jurisdiction
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