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Divorce, Debt, and Protecting Yourself - Trisha Morales Padia

Divorce, Debt, and Protecting Yourself - Trisha Morales Padia

FromThe Matt Phifer Experience


Divorce, Debt, and Protecting Yourself - Trisha Morales Padia

FromThe Matt Phifer Experience

ratings:
Length:
23 minutes
Released:
Feb 16, 2024
Format:
Podcast episode

Description


This chapter we explore the complexities of handling debt in divorce within a community property state, with a particular focus on Texas law. We discuss the importance of the date of separation in distinguishing between communal and individual debt, the role of income and the concept of temporary spousal maintenance versus the challenges of obtaining spousal maintenance post-divorce. We also touch on the distribution of assets and how one's financial contribution during the marriage can impact the outcome. Additionally, I share insights on the value of prenuptial agreements and the significance of financial transparency and preparation for the eventual end of a marriage, whether by divorce or death. Lastly, I emphasize the importance of understanding all aspects of marital responsibilities, from bill payments to child-rearing, to better equip oneself for potential life after divorce.


Chapter 1 COVID-19's Impact on Divorce Cases 00:00
Attorney Trisha Morales-Padia discusses COVID-19's impact on divorce rates and legal processes, virtual court proceedings, and her transition to divorce and estate planning.
Chapter 2 Divorce Debt and Past Actions Navigation 06:43
Prior knowledge of spouse's actions and handling of debt in divorce, including financial abuse and intentional harm.
Chapter 3 Divorce, Debt, and Protecting Yourself 12:03
Community property state divorce in Texas: date of separation, income, spousal maintenance, asset distribution, prenuptial agreements, financial preparation.
Chapter 4 Working With Clients in Various Locations 22:23
Our firm offers legal services in Texas for divorce and estate planning, with a focus on adapting to different state laws.



https://www.linkedin.com/in/tmoralespadia
https://moralespadialaw.com/
https://www.instagram.com/moralespadialaw/

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Released:
Feb 16, 2024
Format:
Podcast episode

Titles in the series (100)

The Matt Phifer Experience makes emotional intelligence contagious. Every Monday and Friday, you can listen to new conversations with some of the most insightful people in this world straight from your computer or mobile device! With episodes available for streaming on-demand immediately after they air, there's never been an easier way to learn about what is emotional intelligence.