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February 2016 Archives

Handling taxes after a Texas military divorce

Divorce can be a hectic time, with a lengthy list of to-do items that never seems to shrink. It is easy to overlook things during a military divorce, and it is rare that a Texas spouse emerges from the process confident that he or she has fully covered all of the bases. Tax issues are an example of a topic that can be greatly influenced by a divorce, but which many spouses fail to consider during the divorce process.

After division of benefits, create a new financial plan

As a Texas divorce comes to a close, both parties will experience a significant change in their financial situations. Whether for better or worse, the financial landscape that follows a military divorce and division of benefits will be different from what was in place prior to the separation. This leaves newly divorced individuals with the need to structure a new financial plan. While many people are intimidated by this process, others embrace the chance to design their own financial plans for the future.

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