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December 2019 Archives

Divorce can be good for finances

As the end of the year approaches, many people in Texas and around the country will be looking toward their future and making changes. Some people may decide to file for divorce after the holidays are officially over. Many law firms report that they see an increase of people filing for divorce in the month of January, with some saying filings can rise as much as 30%. Though many people typically associate divorce with a decrease in income, especially for women, researchers say that isn't always the case.

Protect the assets you want to leave for your kids after divorce

Ending your marriage through divorce can impact many other parts of your life, including your finances and your relationship with your children. Your estate plan exists at that the awkward intersection of your financial future, your personal relationships and your legal obligations to others.

Insurance claims: Man fights to have his roof fixed

Having insurance is one of life's necessities, whether the policy covers a person's home, car or medical expenses. People trust that if they make their regular payments that when they need to make a claim it will be paid. Unfortunately, many legitimate insurance claims are denied by insurance companies. Texas families sometimes find out the hard way that their insurance company is in the business of making money and not helping people. This is what one man from out of state alleges after his insurance provider twice refused his claim to cover the cost of repairing his home's roof.

What new real estate investors need to know

Many people in Texas are curious about real estate as an investment strategy. On the surface, it seems like a sure-fire way to increase one's income and net worth. However, it is not the sort of financial decision that should be made lightly, as it is not right for every person. Experts say there are several questions that a person should consider before making the decision to invest in real estate.

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