Going through a divorce in Texas can be extremely difficult on top of being a potentially complex legal process. Without guidance from a family law attorney, many people make critical mistakes that can negatively impact their case both in the near and long term. Here are some of the most common pitfalls to avoid if you are getting divorced in Texas.
Failing to Gather Important Documents Early On
Not having all your financial statements, tax returns, property records, mortgage documents, investment accounts, and other key paperwork organized ahead of time can significantly stall the legal proceedings. Make copies of all shared assets and debts. Locate any prenups, marital agreements, or deeds. Do not make your lawyer hunt down disorganized paperwork.
Forgetting to Change Beneficiaries
It is crucial to remember to update life insurance policies, retirement accounts, and any other assets that still designate your soon-to-be ex-spouse as beneficiary. Failing to remove your spouse could award them funds later on outside the divorce settlement. Updating beneficiaries prevents problems down the road.
...