Under the right circumstances, life insurance can be a valuable – and even cost-saving – addition to a comprehensive estate plan. But, like all estate planning tools, life insurance is not the best option for everyone. If you are thinking about buying life insurance, or wondering if you should, here are three important considerations to keep in mind.

When going through a divorce with children, answering your children’s questions can be one of the most difficult parts of the process. You want to provide them with truthful answers and help them establish reasonable expectations, but you also want to make sure they are not involved in the process any more than is absolutely necessary. Your children will be directly affected by the outcome of your divorce, so they deserve answers. But, they also deserve to be protected from the emotional toll of your divorce to the greatest extent possible.

If you are preparing to go through a divorce, there are a variety of reasons why you may feel that you are entitled to reimbursement from your soon-to-be-former spouse. While Texas’s community property law largely focuses on distributing spouses’ jointly-owned assets based upon what is “just and right,” it also recognizes that there are circumstances in which one spouse may be entitled to reimbursement notwithstanding the fact that the reimbursement results in what would otherwise appear to be an inequitable distribution of community property.