FIERCE COMPASSIONATE LAWYERS
The Law Office of Lisa A. Vance, P.C.

The Path to Your Piece of Mind
Divorce and Family Law Matters

We are now accepting clients statewide in Texas.

WE ARE WORKING!

As the situation with COVID-19 continues to develop and evolve, the safety, health and well-being of our clients and our team is extremely important to us. We are watching for the guidance of the Centers for Disease Control and international medical experts to learn how we can best manage our facility and our clients.

We would like to reassure you that The Law Office of Lisa A. Vance, P.C. will continue to be available to provide services to all of our clients.

Our lawyers and paralegals are working in the office and electronically, although most of us are working from home. Below is a list of FAQs regarding our response and commitment to you during COVID-19.

Can I even have a consultation with my lawyer remotely?

Yes, The Office of Lisa A. Vance, P.C. has a comprehensive remote working capability and all of our lawyers and paralegals are equipped to work securely from home.

Will my lawyer be available to answer questions and work on my case?

Yes, your legal matters will continue to receive our attention. You can email, call, or videoconference with your lawyer during this time.

We also have multiple videoconferencing options; please contact your attorney for the platform that works best for you

How are court hearings and appointments affected?

Court in Bexar County are now conducted by Zoom Please see our blog article Court via Zoom: It’s Actually, Really Court (and Here’s How It Works)

Can I consult with a lawyer about a new family law or divorce matter?

Yes, we have office staff working in house and remotely to ensure continuity in our business. For information about a family law or divorce matter, please call our office or complete the Request a Consultation Form.

Your family law matters remain our top concern and we are not going to permit this pandemic to take priority over your needs. We will remain confident, alert and prepared.

We wish you and your family well as we work through this difficult situation together.

With warm regards,
Lisa A Vance

 

 

Family Law
Click For More

Rest of Life
Click For More

Avoiding divorce mistakes that could harm retirement

| Aug 28, 2013 | Divorce |

When a Texas couple decides to end their marriage, the divorce process entails a set of negotiations surrounding the division of marital property. This property includes real estate holdings, investment accounts and retirement savings, along with a wide range of other items and accounts. In general, the vast majority of what a couple has amassed during the course of their marriage must be divided between the spouses as part of their divorce. The manner in which these assets are divided can have a great deal of impact on each party’s ability to retire as he or she plans.

Older spouses must tread carefully when working through property division issues. Mistakes made during these negotiations can severely limit one’s ability to retire when and how they would like. In addition, care must be taken to make the best possible choices after the divorce is final. For example, one common mistake involves withdrawing large sums of money from retirement savings gained in a divorce.

While it is true that divorced individuals gain a one-time chance to withdraw from their retirement without incurring the 10 percent tax penalty, this course of action is almost never the most sound financial move. Retirement funding should be used for just that; to fund one’s retirement. Withdrawing from these savings in order to build a budget cushion or form an emergency fund is a recipe for disaster. In many cases, funds withdrawn from retirement after a divorce are spent, and do not end up supporting one’s retirement goals in any manner.

When working through these and other financial matters associated with a Texas divorce, it is important to gain a full understanding of the ramifications of each available choice. This is an area where a divorce attorney can assist, and can help a spouse determine their needs, then work out a negotiation strategy that can meet those goals. By going into the process with a clear outline of how one would like to emerge, it is easier to move through negotiations quickly and effectively.

Source: Forbes, 4 Divorce Mistakes That Can Derail Retirement, No author, Aug. 21, 2013

Request A Consultation

Categories

Archives

FindLaw Network