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Posts Tagged ‘net resources’

Is Your Annuity a Resource for Child Support?

December 18th, 2009 Rich Shea No comments

Resources.

Before even trying to figure out what a parent can pay as child support in Montgomery County your Woodlands Divorce Attorney must establish the parent’s resources. There are many different resources that the Conroe divorce court considers when awarding child support. Today we are going to look at one specific type of asset – the structured settlement annuity.

Structured settlement annuities are used to settle personal injury claims. In many ways they behave like a normal annuity that you might buy from a bank, but is it a resource for child support?

Should the entire payment be included as a resource?

Should none of the payment be included as a resource?

Should part of the payment be included as a resource?

The appeals court recently ruled on a case where they had to decide Read more…

How Much Child Support Will You Pay or Receive?

August 4th, 2009 Rich Shea No comments

Child support payments are often a critical issue in divorce cases filed in the Conroe or Houston Family Law Courts. The parent with custody wants the support payments high enough to help with the costs of raising the child(ren) and the parent without custody wants to be sure the payments are being used for the child(ren). Fortunately, Texas Law provides a starting point for determining child support amounts for cases in Houston and Conroe.

The table below shows the amounts the Court initially considers fair. One critical element your Conroe Divorce Lawyer will work on is determining the Obligor’s Read more…

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