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April 2013 Archives

High-income women should consider issues related to divorce

While an increasing number of high-income earning women in Texas is a good thing, it can lead to complications for women who marry. When a woman makes more than her spouse does, it could mean that if she and her husband divorce, she will be the one that has to deal with the responsibility of alimony. Additionally, the person in the marriage with the higher income also usually sees a larger portion of their savings and retirement accounts taken. Therefore, women may want to think about protecting their assets from a divorce.Some of the things that women can do to protect their assets if they get married and divorced are keeping inheritance accounts separate and protecting their business. In most states, income that comes into a marriage, such as an inheritance account, is not considered a marital asset that can be divided during a divorce. However, if someone attaches their spouse's name to the account or uses funds from the account to purchase joint property, that may change. Therefore, it may be a good idea to keep inheritance accounts isolated from a spouse.

Putting the children first when deciding to divorce

For several decades, some miserable spouses would choose to remain married, believing that the children of the marriage would ultimately benefit more if their parents stayed together. Some people still believe that it is preferable for children to see their parents unhappily married rather than happily divorced.However, other people argue that allowing children to see their parents in an unhappy marriage can harm the children more than if the parents divorce. For example, the children have no way of viewing what a happy marriage should be and, therefore, can come to view marriage as a terrible institution to be avoided. Those same parents who choose to stay together for the kids may choose another option if they realized that staying together can cause children to blame themselves for their parents' unhappiness and grow up to be anxious, guilty adults with limited happy childhood memories.

Judge stays warrant for Powerball recipient

In Texas and across the country, non-custodial parents face jail as one consequence of non-payment of child support obligations. However, a few lucky parents find a way to instantly pay back arrearages, such as the New Jersey father who recently won a $338 million Powerball lottery jackpot. The man is said to have chosen the lump-sum option which will net him more than $150 million, more than enough to satisfy his outstanding $29,000 in child support payments.However, a state judge is watching the winner carefully to ensure that he remits the payment immediately. There was apparently an existing warrant for the man's arrest based on his non-payment of child support. In New Jersey, as in Texas, judges can issue bench warrants for non-custodial parents who fail to make support payments. The judge has issued a stay on the arrest warrant pending the father's payment of his outstanding child support obligations.

Jury reaches decision regarding child custody in Sanders divorce

A jury in Collin County has now reached a decision regarding custody in the divorce case of former Super Bowl champion Deion Sanders and his wife Pilar. The couple, who married in 1999, split in late 2011 and, according to reports, has not split amicably, disagreeing over many of the issues presented by the divorce, including division of property, child support, and custody of their three children.In their child custody ruling, the jury awarded Deion Sanders primary conservatorship of the couple's sons and joint conservatorship of their daughter. The ruling means that Sanders can make decisions regarding education and residence of the children, but the courts will decide the visitation schedule. Both parents say they are looking out for the best interests of their children.

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Bruce Turner

In addition to his law degree, Bruce Turner has a master's degree in tax law and is Board Certified in Commercial Real Estate Law by the Texas Board of Legal Specialization.

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Turner, Bruce E.
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Bruce Turner with Bennett, Weston LaJone & Turner, P.C.

Attorney Bruce Turner is located in Dallas and represents people and businesses throughout DFW and the Metroplex, including Denton, Carrollton, Lewisville, Flower Mound, Farmers Branch, Irving, Las Colinas, Corinth, Highland Village, The Colony, Plano, Frisco, Allen, McKinney, Mesquite, Grand Prairie, Garland and Grapevine as well as Collin County, Denton County and Dallas County in Texas.

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