Roughly 40 percent of children born in Texas and throughout America are born to parents who are not married. Therefore, it is not uncommon for a child's father to not appear on a birth certificate. However, this can raise questions as to who has custody of the child and what steps each parent needs to take to formally obtain custody or visitation rights. In some states, an unwed mother will need to file for custody of a son or daughter.
Divorcing couples in Texas should be concerned about how a separation could affect their retirement savings. The money placed in an IRA, pension plan or 401(k) is generally considered a shared asset that could be subject to division in a divorce.
Texas residents who are going through the divorce process understand how emotional it can be. The emotional impact of divorce can be multiplied when there are children involved. Each divorcing couple will have to make their decisions when it comes to where the children will live and how the time should be split between the two parents.
Texas residents have probably heard about the divorce of Amazon founder and CEO Jeff Bezos. What they may not know is that his wife, MacKenzie, is about to become the third-richest woman in the world. When their divorce is finalized, her net worth will be more than $35 billion. She will only be surpassed by L'Oréal's Francoise Bettencourt Meyers and Walmart's Alice Walton, respectively worth about $53 billion and $45 billion.
When Texas couples divorce, spousal support can be a contentious issue. Divorce is often an emotional time, and spouses may deeply resent being ordered to maintain a financial connection with someone they are angry with. On the other hand, spouses with limited career prospects or financial resources might have good reason to request continued financial support for at least a short period of time.
In previous years and decades, it wasn't uncommon for mothers to get full custody of their children after a divorce. However, there has been a shift toward shared parenting after a marriage comes to an end. Generally speaking, the courts now assume that parents should have joint legal custody of children.
Child custody arrangements between Texas parents living apart aren't meant to be set in stone due to the possibility of unforeseen circumstances. When this happens, parents are generally advised to make an attempt to come up with mutually acceptable adjustments. Should a court get involved, however, they are likely to consider what's in the best interest of the child when making a decision.
Helicopter parenting can be a side effect of custody disputes in Texas and throughout the country. This can occur because courts tend to take into account how involved a parent is in a child's life when making a custody determination. Therefore, parents have an incentive to micromanage a child's schedule or how closely they oversee their child's activities. When children are treated in this manner, they tend to become anxious and lose the ability to learn coping skills.