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One of the first homework assignments we give our clients who are going through a divorce in Houston, Texas , is to gather all the information you can regarding your retirement accounts such as: the start date the balance of retirement accounts prior ...

One of the things my client or potential clients are often concerned about during their Texas divorce is their retirement accounts. They want to know if they are going to be able to keep their retirement. The answer to that question as with many ...

For many spouses going through divorce , the largest and most complex community assets are the retirement accounts and other employment benefits. Three of the most common types of retirement accounts and employment benefits are deferred compensation ...

Once you have figured out what retirement plans are in place for you and your spouse, collected information from each and provided that to your attorney, you will need to know how a retirement plan can be divided in the context of your Texas divorce ...

When parties enter into divorce proceedings in Texas it is not only the children , the house and their bank accounts that are issue- it’s also their retirement accounts. The Houston divorce attorneys with the Law Office of Bryan Fagan, PLLC are well ...

As long as we’re talking about one unpleasant subject, namely divorce , we may as well talk about another, namely death. A good question to ask yourself is what happens to your share of the retirement benefits awarded to you under your spouse’s ...

Depending on your goals for retirement savings and the circumstances that you find yourself in you may be in a position where you will want to deviate somewhat from what I am going to discuss with you today. However, I believe that a great deal of ...

If you’re considering a divorce from your spouse or have just begun the process then the end of your divorce may seem like a distant dream. While it’s true that a divorce doesn’t finish overnight it is by the same token untrue that your divorce will ...

Perhaps the most important decision that you will face in your divorce in relation to whether or not to divide up a retirement account during a property settlement is whether you would prefer to receive a similarly valued asset instead of the portion ...

When you decide to file for divorce and select an attorney to help guide you through the process and advocate for your rights along the way the most powerful tool you have at your disposal is your ability to discern with whom you can place your ...

Your marriage of ten, twenty or thirty years may have flown by but now you are considering a divorce . Not only is this going to affect you and your spouse presently but your future well being may be impacted as well. Beyond the immediate loss of ...

A Qualified Domestic Relations Order ( QDRO ) is the key to your being able to turn a Divorce Decree which provides you the right to access a portion of your ex-spouse’s retirement benefits into actually getting the retirement savings. It is ...

Learn about social security benefits and their effect on your divorce Attorneys are great at courtroom advocacy and knowing the ins and outs of the law. That much should be a baseline for what your attorney can do for you. Those attorneys that set ...

In May 2017, the Supreme Court of the United States ruled upon an issue that has to do with how military retirement is decided in a military divorce . The case is called Howell v. Howell and in its decision the Court held that any portion of military ...

The Federal laws that cover the division of military retirement pay in Texas divorces is known as the Uniformed Services Former Spouses Protection Act (USFSPA). It allows Texas family law courts to have the ability to treat retirement pay for ...

It is not only retirement benefits that you are currently eligible for that can be awarded to your spouse in a Texas divorce . Future retirement benefits- ones that you are not even eligible for right now- are also fair game. The amount of basic pay ...

If you are divorced but were married to your spouse for ten or more years you are potentially eligible for spousal benefits through Social Security. However, there is more to this eligibility than merely applying for benefits and receiving them ...

Of all the things for you to worry about as a result of your divorce case you may not feel that your retirement is all that important compared to issues regarding your children, your home and other more immediate considerations. After all- it’s ...

If you are in the beginning stages of your divorce it’s likely that you have numerous questions about how your case is going to proceed. How much is it going to cost you in attorney’s fees? Are you going to be able to remain in your home or will you ...

At the outset of today’s blog post, I would like to briefly discuss the importance of having cash on hand in the immediate time period after your divorce. You may be thinking to yourself: “I’ll have just spent an arm and a leg on attorney’s fees, and ...

In our world today we are bombarded with encouragement from people to purchase a home if we have not already done so. It’s the ticket to the American Dream, some say. You’re a fool for throwing your money away paying rent, say others. Why pay someone ...

If you are a person who either serves our country in the military or are married to a spouse who does, enough cannot be said about your family’s sacrifices in order allow your fellow citizens the opportunity to lead successful, productive and happy ...

The emotional difficulties associated with a divorce are fairly well known. If you have a family member or friend who has been through a divorce it’s likely that he or she has spoken to you about just how taxing the process can be. When you are ...

In yesterday’s blog post from the Law Office of Bryan Fagan, PLLC , we introduced the topic of retirement accounts and how the funds within them are divided in a divorce. Today we will continue that discussion and will focus more on military ...

If you are going through a divorce and have no children then your financial future should be at the top of any list of concerns that you have to go into the process. While there are assuredly emotional components to the divorce those thoughts need to ...

Have you ever misunderstood something but never bothered to ask for a clarification? Or have you ever been told something by a friend or relative that you knew in your heart wasn’t right but didn’t try to actually disprove? Both of these scenarios ...