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	<title>Austin Divorce Attorneys &#187; Property Division &amp; Alimony</title>
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	<description>Divorce Attorneys in Austin Texas</description>
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		<title>Community Property</title>
		<link>http://www.austindivorcelawyernow.com/community-property</link>
		<comments>http://www.austindivorcelawyernow.com/community-property#comments</comments>
		<pubDate>Thu, 18 Nov 2010 22:24:08 +0000</pubDate>
		<dc:creator>Clay Butler</dc:creator>
				<category><![CDATA[Property Division & Alimony]]></category>

		<guid isPermaLink="false">http://www.austindivorcelawyernow.com/?p=202</guid>
		<description><![CDATA[Community property The process of going through a divorce can be a difficult one, as the marriage evolves from the loving unity of a couple to the inevitable separation of two individual people. The subject of real estate, property and assets can be complicated, as the items that were acquired during the marriage must now...]]></description>
			<content:encoded><![CDATA[<p><b>Community property</b> </p>
<div id="textpreview_718636">The process of going through a divorce can be a difficult one, as the  marriage evolves from the loving unity of a couple to the inevitable  separation of two individual people. The subject of real estate,  property and assets can be complicated, as the items that were acquired  during the marriage must now be divided at the termination of the  relationship. Community property states somewhat simplify this process,  as it is generally decided that the property and income that was earned  during the course of the marriage belongs to both individuals. This  information can be used as a general guideline during the asset  distribution process, and so the property is usually divided equally  between both parties. Community property can make for a fair and  equitable distribution of the marital assets.</p>
<p> Dividing property and assets is not always so simple. Sometimes the  couple owns assets that belonged to them as individuals before they were  married. There may also be individual gifts or inheritances that were  obtained during the marriage. Stocks, bonds, 401k plans and pensions can  also be a challenging topic. An individual may have had a pension that  was acquired before the marriage, but when the couple contributed to the  pension together throughout the marriage, it can be difficult to decide  how to distribute the pension. The division of these types assets may  need to be decided in a court of law, especially if the couple is unable  to come to a mutual agreement on their own. </p>
<p> There are many complex laws that dictate the rules of property  distribution during a divorce. There may also be Federal tax  implications that will need to be seriously considered prior to or  immediately following asset distribution. Asset distribution laws will  also vary widely among different states and may or may not be impacted  by the divorce itself. Some states are community property states, while  other states are equitable distribution states. Both types of property  distribution have their own advantages and disadvantages, and it is  important to have an experienced attorney evaluate your situation to  ensure that you receive a fair share of the marital assets.</p>
<p> Some of these issues may be completely avoidable if there is proper  estate planning during the course of the relationship. Estate planning  can simplify the process of property distribution in the event of a  divorce or sudden death, yet is rarely considered at the onset of the  relationship.</p></div>
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		<title>All About Alimony</title>
		<link>http://www.austindivorcelawyernow.com/all-about-alimony</link>
		<comments>http://www.austindivorcelawyernow.com/all-about-alimony#comments</comments>
		<pubDate>Thu, 28 Oct 2010 18:48:16 +0000</pubDate>
		<dc:creator>Clay Butler</dc:creator>
				<category><![CDATA[Property Division & Alimony]]></category>

		<guid isPermaLink="false">http://www.austindivorcelawyernow.com/?p=182</guid>
		<description><![CDATA[The Ins and Outs of Alimony Alimony is a form of monetary support during and after a divorce. Sometimes referred to as maintenance or spousal support, alimony may be temporary or permanent. The concept of alimony is based upon a man’s obligation to financially support his wife forever, even after a separation or divorce. Although...]]></description>
			<content:encoded><![CDATA[<p>The Ins and Outs of Alimony</p>
<p>Alimony is a form of monetary support during and after a divorce.  Sometimes referred to as maintenance or spousal support, alimony may be  temporary or permanent. The concept of alimony is based upon a man’s  obligation to financially support his wife forever, even after a  separation or divorce. Although the actual marriage is over, the man’s  duty to provide for the woman he married continues.</p>
<p>Not so long ago, the only way the court would allow people a divorce was  if one person proved marital misconduct of the other. Consequently,  whoever caused the marital misconduct had to pay the victimized spouse  alimony. In most cases, it was assumed that the husband was always at  fault for misbehavior; thus ordered to pay alimony to his now ex-wife  continuously. On the other hand, if the husband proved the wife guilty  of misbehavior, then she did not have to pay alimony, but did forfeit  her right to any type of spousal support.</p>
<p>Today, in all states except New York, the court grants no-fault  divorces; which means neither the husband nor wife must prove marital  misconduct. However, in most states “unspoken” or innuendo of spousal  misbehavior plays a role in alimony rulings. Still, men are typically  ordered to pay alimony to the woman for a specified period of time. In  fact, only 3.6% of men receive alimony from their ex-wives.  Statistically, men do earn more money than women do; therefore, the case  for alimony is fairly strong in the woman’s favor.</p>
<p>Alimony is completely separate from child support and varies from state  to state. Some states, such as Mississippi and Texas only award alimony  in marriages that lasted ten years or longer. In others, the duration of  alimony payments is limited to three years. In still other states, a  civil union or common law marriage that dissolves may warrant alimony  payments. Usually the presiding judge in family court determines the  amount of monthly support; however, it is typically less than two  thousand five hundred dollars or forty percent of the person’s income.</p>
<p>There are three classifications of alimony. They are temporary,  rehabilitative, and permanent. Judges order temporary alimony when the  spouses are no longer living together during divorce proceedings.  Rehabilitative alimony is temporary and designed to allow the  non-working or underemployed spouse time to find full-time employment.  Permanent support is paid forever, unless the spouse remarries.</p>
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		<title>Texas Alimony Basics</title>
		<link>http://www.austindivorcelawyernow.com/texas-alimony-basics</link>
		<comments>http://www.austindivorcelawyernow.com/texas-alimony-basics#comments</comments>
		<pubDate>Wed, 09 Dec 2009 16:32:14 +0000</pubDate>
		<dc:creator>Clay Butler</dc:creator>
				<category><![CDATA[Property Division & Alimony]]></category>

		<guid isPermaLink="false">http://www.austindivorcelawyernow.com/?p=79</guid>
		<description><![CDATA[This articles discusses the foundational rules and laws surrounding alimony in the state of Texas. By Austin attorney Clay Butler. ]]></description>
			<content:encoded><![CDATA[<p>Alimony is known as spousal maintenance in Texas, and it is legally available, though there are many limitations attached to it. The idea behind alimony is to provide the former spouse with a periodic payment to make up for financial issues if one spouse was the primary financial provider for the entire family before the dissolution of the marriage. When it comes to alimony in Texas, however, you should know that there are only a couple of limited circumstances where the court will award alimony.</p>
<p>When a spouse has dedicated years of their life to being a home caretaker or a stay at home parent, the process of divorce can become especially difficult because they have been removed from the work force, and will have trouble receiving the same level of salary as was provided to them in their previous lifestyle. This is especially true when children are involved. Someone who is worried about being able to support themselves following a divorce should talk to an attorney in order to determine what legal options are available to them, especially pertaining to alimony and spousal maintenance. There are two limited scenarios where alimony will be awarded in Texas.</p>
<p>The two different circumstances that would be qualified for a judge to order spousal maintenance or alimony in a divorce are:</p>
<ul>
<li>If a spouse has been convicted of committing family violence,</li>
<li>If the marriage has lasted for a period of ten years or more.</li>
</ul>
<p>If family violence has been accused, then the date for the divorce petition must have occurred within the period of two years. Only in these two circumstances will there be any consideration for alimony. The spouse that is seeking the spousal maintenance support has to be capable of showing that he or she does not  possess a sufficient enough level of resources that they can live within a reasonable parameter.</p>
<p>If there are children, and any child in the family has a disability that prevents the spouse from employment since they have to provide constant care, then alimony can definitely be sought. Spouses that are capable of showing their inability to earn an adequate living should also be able to receive alimony payments. Even in a situation where a judge orders that alimony be paid, there are still a number of limitations regarding what people can receive as well as what timeframe they would be able to receive the alimony payments for.</p>
<p>In the state of Texas, alimony payments are not allowed to exceed a period of three years unless there are physical disabilities or mental disabilities in place that prevent the spouse from being self supporting. The most money that a judge can order to be paid for the purpose of alimony is either 20% of the payer&#8217;s average monthly income, gross, or $2500, depending on which amount is the lesser amount. Alimony statutes in Texas pose a number of challenges that need to be overcome, meaning that working with an attorney is often the best way to have your spousal maintenance needs met.</p>
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		<title>The Difference Between Separate Property and Community Property</title>
		<link>http://www.austindivorcelawyernow.com/the-difference-between-separate-property-and-community-property</link>
		<comments>http://www.austindivorcelawyernow.com/the-difference-between-separate-property-and-community-property#comments</comments>
		<pubDate>Fri, 04 Dec 2009 21:08:58 +0000</pubDate>
		<dc:creator>Clay Butler</dc:creator>
				<category><![CDATA[Property Division & Alimony]]></category>

		<guid isPermaLink="false">http://www.austindivorcelawyernow.com/?p=56</guid>
		<description><![CDATA[This article discusses the legal doctrines of separate property and community property, and how they differ.]]></description>
			<content:encoded><![CDATA[<p>When dividing assets, it’s important to understand how property is legally classified.  Texas courts classify marital property as either “community property” or “separate property.”  Let’s look at these in greater detail.</p>
<p>Community property includes all property, debt, and assets that were acquired from the date of the marriage until the marriage cut-off date.  After both spouses have agreed upon how property will be divided, both parties must sign the Marital Settlement Agreement.  In a small number of cases, the property award is ordered and decreed by the District Court in the Decree of Divorce.  Property division does not necessarily mean a physical division.  Instead, you can award each spouse a percentage of the total value of the property.  Each spouse will receive items that add up to his total percentage.  During the divorce process, neither spouse is allowed to hide assets in order to protect them from property division.  Hiding assets is illegal and can have serious consequences.</p>
<p>It’s important to understand the difference between community and separate property.  Community property includes all earnings during the marriage and all property acquired from those earnings.  All debts acquired during the marriage are also considered community property.  Separate property, on the other hand, includes gifts and inheritances given to only one spouse.  It also includes funds from a pension that vested before the marriage, and personal injury awards.  A business owned by one spouse before the marriage remains separate property – unless the business increased in value during the marriage, or both spouses worked for the business.  In practice, separate property mixed together with community property usually becomes community property.</p>
<p>Community property includes dividends from stocks and mutual funds, income from employee benefits acquired during the marriage (pension, 401K funds), and funds from secondary property (i.e. income from a rental house).  It also includes crops grown on separate property, livestock born during the marriage, medical bills, disability payments, and workers’ compensation benefits.</p>
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		</item>
		<item>
		<title>How Will Our Marital Property Be Divided?</title>
		<link>http://www.austindivorcelawyernow.com/how-will-our-marital-property-be-divided</link>
		<comments>http://www.austindivorcelawyernow.com/how-will-our-marital-property-be-divided#comments</comments>
		<pubDate>Fri, 04 Dec 2009 20:25:39 +0000</pubDate>
		<dc:creator>Clay Butler</dc:creator>
				<category><![CDATA[Property Division & Alimony]]></category>

		<guid isPermaLink="false">http://www.austindivorcelawyernow.com/?p=52</guid>
		<description><![CDATA[Texas Marital Property: This article discusses ]]></description>
			<content:encoded><![CDATA[<p>If you’re planning to get divorced, one of the most commonly asked questions is, “How will property be divided?”  Courts divide property under one of two possible methods: “equitable division” or the “community property” method.  Under equitable division, assets that were acquired during the marriage are divided equitably.  Typically, two-thirds of the assets are awarded to the higher wage earner, and one-third to the remaining spouse.  The vast majority of states follow the equitable division method.</p>
<h2>Texas&#8217; Community Property Rules</h2>
<p>Texas (along nine other states) follows the “community property” method.  This means that all marital property will be split equally (in a 50-50 fashion) among both spouses – unless otherwise agreed to by both parties.  If both parties agree to split property in a different ratio, that’s perfectly fine.  However, if you are unable to reach an agreement with your spouse, then all property will be divided equally by the District Court.  Most spouses choose to divide property themselves, rather than letting the judge decide.</p>
<p>When it comes to property division, one of the biggest areas of disagreement is who gets to own the family house.  If children are present, the primary care giver typically gets to keep the family home.  If you don’t have any children and the house is the separate property of one spouse, then the spouse who owns the house can ask the other spouse to leave. If you don’t have any children and both spouses own the home, then neither spouse has the legal right to evict the other.  Of course, you can ask your spouse to leave, but he doesn’t have to move.  If the home is jointly owned, then the only way to evict your spouse (until the divorce is finalized) is if a judge grants a restraining order in response to domestic violence.</p>
<h2>How Texas Divides Marital Debts</h2>
<p>Another commonly asked question is, “How are debts divided?”  Courts divide community debts on a “just and right” basis.  Your divorce decree cannot re-structure your mortgage obligations or change loan agreements.  However, the courts will attempt to equitably divide any outstanding debt obligations among both spouses. Each spouse will file a “Sworn Inventory and Appraisement” that lists all property and debts (both community property, and separate property).  Typically, the two inventories do not agree, but they will be used by the judge to decide the property division.  If your case goes to trial, evidence will be submitted about the items included in the Sworn Inventory &amp; Appraisement document.  If there are disputes over the value of community property, you can always hire an appraiser to determine value.</p>
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