When El Paso couples divorce and alimony is awarded, the alimony payments are tax deductible for the one who pays. The person who receives the payments must pay tax on them. However, according to the U.S. Tax Court, the payments are only deductible if they are part of a formal separation or divorce agreement.
Family law judges in Texas and around the country are often called upon to decide how much noncustodial parents should pay each month in child support, but couples can avoid having to go to court if they reach an agreement through informal negotiation or an alternative form of dispute resolution like mediation or collaborative family law. Divorcing couples are usually able to put their differences aside when the welfare of their children is at stake, and they may be able to settle issues like child custody and support amicably even when contentious matters like property division and spousal support remain unresolved.
Some Texas noncustodial parents may have fallen behind on child support. When this occurs, the custodial parent might wonder how to claim back support.
When Texas couples start talking marriage, reception hall dates, flowers and honeymoon destinations are usually the primary topics. People generally do not want to think about the possibility of marital breakdown during this time. However, given the rate of divorce in the United States, finances are and should be a significant concern.
Although couples in Texas who are getting married might not want to think about prenuptial agreements, putting one together can have a number of benefits. A prenup may be particularly important in certain circumstances. For example, if one person is going into the marriage with considerably more assets than the other, they might want to protect those assets in the event that the marriage ends after just a few years.
Most likely, yes. According to the Pew Research Center, 40 percent of marriages now include one partner who was previously wed. The big difference between your first and second marriages? You'll likely start this one with kids already in the picture. That changes a lot of things, no matter whether the children are in preschool or high school.
Marriage and family relationships are complex and powerful bonds that are difficult to express in words. Yet, having a legal definition that reflects your family status can be an essential security blanket and reinforcement of bond. If you've forged a strong connection with your stepchild, living together as a family -- and being married to the child's mother or father -- doesn't offer the same legal protections as adoption.
The division of community property in a Texas divorce, which naturally requires the determination of what should and should not be considered a marital asset, has the potential to become one of the most challenging aspects of the process. The high profile divorce between Johnny Depp and his wife after a marriage of only a few months in another community property state may be used to illustrate this.