Category Archives: Family Law
Potential Tax Effect on Alimony Payments in Texas
The tax legislation is not finalized yet. But the version coming from the House of Representatives changes the present law which currently allows a tax deduction to the spouse making the payments and is taxable income to the recipient. Many divorce settlements in Texas are reached through mediation where the divorcing couple and their attorneys […]
Dividing Home Equity in a Texas Divorce
In many states, the two most common options to divide the marital homestead in a divorce are either for the parties to agree to a sale, or for one of the divorcing parties to buy out the interest of the other. This certainly occurs in Texas as well, but sometimes neither of these two options […]
Five Good Reasons to Think about a Post-Nuptial Marital Agreement
Most people are much more familiar with the idea of premarital agreements. Usually there is the concept of protecting a much wealthier person’s assets from being divided in a divorce action. Once a couple has married with no such agreement, there is the perception that there is nothing to be done about this. Further, if […]
Five Good Reasons to Think about a Post-Nuptial Marital Agreement
Most people are much more familiar with the idea of premarital agreements. Usually there is the concept of protecting a much wealthier person’s assets from being divided in a divorce action. Once a couple has married with no such agreement, there is the perception that there is nothing to be done about this. Further, if […]