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April 2012 Archives

Texas father in child custody dispute sues ex for wiretapping

A Texas father is suing his ex-wife claiming she secretly intercepted his communications with his son and his family. It is no secret that child custody disputes can be one of the most acrimonious aspects of divorce however, it is never a good idea to resort to potentially illegal means to try and obtain custody of your kids.

New Texas statute allows men to challenge paternity of a child

When most people think of a DNA test freeing someone from jail, it is usually for being wrongfully accused of a crime they never committed. In this case, a DNA test freed a Dallas man from jail after he had been convicted for being a "deadbeat dad." After a DNA test revealed he could not possibly be the father of the child, he was released from prison. He was accused of owing over $50,000 in child support by the child's mother who claimed he was the father of her child.

CEO claims insolvency under Texas family law in his divorce case

The CEO of one of the largest capital management firms in the country is claiming he is insolvent under Texas family law. Family court uses different accounting principles than do businesses. According to Moody's Investor Services, Highland Capital Management LP is the largest manager of collateralized loan obligations by dollar amount in the U.S. At the end of 2007 Highland's assets were at $39 billion, which fell to $23 billion as of January of this year

Child custody and tax credits after divorce explained!

Texas parents might be interested in a report on how to determine child tax breaks during or after a divorce. When parents get divorced one of the most highly contested aspects involves negotiating custody of the children. A divorce can create a variety of tax questions and one of the big ones is who gets the tax breaks and claims the child as a dependent on their tax returns. When it comes to taxes, a child is considered belonging to one parent or the other. Usually the parent who has physical custody the greater part of the year is considered the custodial parent.

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