The Texas Supreme Court in the case of In re. J.Y.O., 709 S.W.3d 485 (Tex. 2024) held that a discretionary bonus paid to a spouse after divorce for work performed during marriage is community property. In divorces where a spouse usually is paid a bonus for work done during the prior year, the bonus should […]
Some life insurance policies have cash value that can be considered in a divorce. Types of life insurance policies with cash value include whole life, universal life, variable life, and indexed life insurance. Click here for an article that explains these types of insurance. A term life insurance policy may have an owner, but it […]
Click here to download this article in PDF format: Injury Settlements Are Usually Community Property INJURY SETTLEMENTS ARE USUALLY COMMUNITY PROPERTY IN A TEXAS DIVORCE by Greg Enos February 2014 A spouse’s recovery for an injury claim is usually community property because most settlements mix all of the damage elements together in a single […]
This case shows how to overcome the presumption that when a spouse uses separate property to acquire land during the marriage and takes title to the land in the names of both the husband and wife, it is presumed that the interest given the non-purchasing spouse is a gift. Here, a trust was established in […]
