What Happens to my Pension After Divorce?

In divorce, a lot of marital issues such as child support and custody, property division and alimony, must need to be resolved before a court issues a divorce decree. Just like any other properties, pension benefits can be divided between the spouses. There are several different factors which determines whether a spouse’s pension can be split and by how much it will be divided. These factors include the time the pension was first acquired and its balance prior to the marriage and after the marriage. Texas as a Community Property State In the United States, there are nine community property states and Texas is one of them. This means spouses who acquired properties after marriage have equal shares over these properties, notwithstanding the title of the spouse who actually has title to such properties. The exception to this rule is property given as a gift by one spouse to the other during marriage or as inheritance. These properties will be…

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