When Texas residents decide to refinance their home or to purchase a new one, they will need to fill out a home loan application. On the application, they will need to list their monthly income. There is a warning included on home loan applications about providing...
Month: April 2015
Josh Hamilton files divorce petition
Josh Hamilton, a former professional baseball player with the Texas Rangers, filed for divorce from his wife in February. The divorce petition was filed in Tarrant County after the couple had been married for 11 years. 'Discord or conflict of personalities between...
Tax liability after a Texas divorce
Some people have the unpleasant surprise of receiving a large tax bill from the IRS after they divorce because of their former spouse's dishonesty in how the tax return was prepared. In the event that a person's marriage is rocky, they should take preventative steps...
Updating beneficiary designations because of divorce
Texas residents whose marriages are ending might want to consider updating their beneficiary designations before filing for divorce. Once the petition has been filed, spouses will not be permitted to make changes to beneficiary designations on certain types of...
Lump sum alimony
When a Texas couple files for divorce, it is highly likely that one spouse may ultimately be ordered to pay alimony to the other spouse. Usually, the spouse will make monthly payments until they have paid the full amount that was agreed upon in the divorce decree....
Understanding paternity by conduct and how it may affect you
It's estimated that each year roughly one-third of all children born in the United States will belong to unmarried parents. One of the unfortunate consequences for those children born out of wedlock is that many will grow up with some uncertainty about their father's...
What are my rights under Texas law in a spousal support battle?
The Texas Family Code governs spousal support, or maintenance payments, from one spouse to the other. Specifically, Chapter 8 gives you information that is valuable to you and will assist you in making decisions about spousal support and what you may need to do.When...
Potential tax implications of your Texas alimony case
Alimony is the term commonly associated with payments made by one former spouse to another after divorce. In Texas family courts, alimony is now called spousal maintenance. Typically, a judge will examine multiple factors including the duration of the marriage when...
