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…