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A Fort Worth Divorce Lawyer Can Explain Common Terms Used During Divorce

Fort Worth divorce lawyer ringWhile divorce is an emotional challenge, it does not have to be shrouded in mystery.  Arming yourself with knowledge can help you take charge of your future. Your Forth Worth Divorce Lawyer at the Hurr Law Office can assist you through this process. Below, we shed some light on some common terms you may encounter in a divorce.

Alimony

Also known as spousal support, this is the payment of support by one spouse to the other to maintain the lifestyle the spouse had during marriage.

Alternative Dispute Resolution

Also known as ADR, this procedure allows the spouses to resolve the divorce without litigation. It typically involves either mediation or arbitration. You should absolutely have your Fort Worth divorce lawyer present during this process.

Arbitration

A procedure to resolve a dispute which is generally binding and involves a neutral third party hearing the matter and reaching a decision. Again, it is important that you have a Fort Worth Divorce Lawyer represent you in this matter.

Child Support

Payment by the noncustodial parent to the custodial parent to help with housing, food, clothing, and everyday needs of the children

COBRA

A federal law which gives the right for a party and his/her dependents to retain group health insurance, at his/her expense, for a limited period of time after a divorce.

COLA

This is an acronym that means “cost of living adjustment.”

Custodial Parent

The parent with whom the children live most of the time.

Deferred Compensation

Postponed income earned during the marriage. Forth Worth divorce attorneys should assist you in identifying any deferred compensation so that it can be included in the divorce settlement.

Deposition

A form of discovery whereby a witness is asked questions orally, under oath. The entire process is transcribed by a court reporter.

Emancipation

When a child becomes financially independent. This will typically be at either age 18 or 21.

Injunction

An order by the court precluding a party from taking some specified action.

Joint Custody

Joint Child Custody allows both parents equal decision-making authority regarding the children, and for major decisions to be made with notice and consent.

Marital Assets

Property acquired during the marriage, regardless of who has title. It may include houses, pension and retirement plans, stock, cash, investments, and others. Consult with your lawyer so that you can be sure to identify all marital assets.

Mediation

A voluntary process whereby a neutral third party assists the spouses in coming to a settlement agreement.

No-Fault Divorce

A divorce wherein neither party is accused of, or has been guilty of, any misconduct.

QDRO

Stands for “Qualified Domestic Relations Order.” This is when a court finds that one spouse is entitled to a part of the other spouse’s pension as a marital asset.

Sole Custody

One parent is legally empowered to make all decisions regarding the children, without notice to, or consent by, the other parent.

Subpoena

An order issued, per the court’s authority, for a witness to appear and testify.

Visitation

Rights that allow the noncustodial parent to visit the children.

Contact a Fort Worth Divorce Lawyer at the Hurr Law Office today at 817-210-0150 for assistance with your divorce.

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