How Will Divorce Affect Your Finances?
Divorce entails both physical and financial separation from one's spouse. And, as the U.S. slowly emerges from a severe recession, many people contemplating divorce are concerned about the effect of divorce on their finances. However, understanding how property division works in divorce and its impact on one's finances can help allay some anxiety over the process. Because Texas is a community property state, almost all assets - whether physical or financial - either spouse acquires...
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