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August 2017 Archives

Ensuring deductible alimony stays that way

When Texas couples divorce or separate, one of them often has to pay alimony to their ex. Many residents assume that the alimony will be deductible to the payee and that the receiver must report it as income. While this can be true, there are seven tax conditions that must be met for the alimony to be considered deductible, and even then, there are additional conditions that might affect what, if any amount, is actually deductible for the payee.

Student loan debt and prenuptial agreements

Couples in Texas and around the country are waiting longer to get married than their parents did, and some observers believe that this has led to a surge in the popularity of prenuptial agreements. The American Academy of Matrimonial Lawyers asked family law attorneys about this phenomenon in 2016, and 62 percent of the respondents said that the couples seeking advice from them about such agreements had increased.

Making a financial plan after divorce

When a Texas couple gets a divorce, the standard of living for both might fall, but this is especially likely to happen to women. On average, the income of women is still about four-fifths that of men. One reason for this is that women are more likely to take care of children or older relatives. This means they may be available to work fewer hours, and this leads to fewer opportunities to advance their careers and save money.

Why prenuptial agreements might be smart choices

Texans may be wary when their fiancés propose that they sign prenuptial agreements. Many people think that prenuptial agreements mean that they are planning for their marriages to end in divorce, which may seem antithetical to why they are choosing to marry in the first place. There are many benefits of having such an agreement in place, however.

Estimating child support before going to court

A noncustodial parent going through a Texas divorce may be aware that he or she will likely be required to pay child support to the other parent. To get an estimate of how much the monthly payments might be before going to court, child support calculators are available. However, there are cases where they are not accurate.

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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.
1603 Lyndon B. Johnson Freeway Suite 280
Dallas, TX 75234

Phone: 800-486-9553
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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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