{"id":1063,"date":"2018-07-20T16:45:44","date_gmt":"2018-07-20T21:45:44","guid":{"rendered":"https:\/\/www.texasdivorceattorneyblog.com\/?p=1063"},"modified":"2018-07-20T16:45:44","modified_gmt":"2018-07-20T21:45:44","slug":"texas-court-finds-distribution-of-net-payment-in-texas-divorce-did-not-address-pre-tax-deductions","status":"publish","type":"post","link":"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-court-finds-distribution-of-net-payment-in-texas-divorce-did-not-address-pre-tax-deductions\/","title":{"rendered":"Texas Court Finds Distribution of “Net Payment” in Texas Divorce Did Not Address Pre-Tax Deductions"},"content":{"rendered":"

In Texas divorces, it is common for the parties to agree to a property division and ask the court to approve the agreement and include it in the decree.\u00a0 Once the court does so, it generally may not modify or alter the property division included in the agreement.\u00a0 It may, however, still divide property that was not divided in the agreement and decree.\u00a0 It is therefore important for the parties to be sure the agreement to clearly divide everything, or they may have to go back to court to address something that was omitted.\u00a0 This can be difficult in some cases, however. What happens, for example, when the agreement and decree divide the net amount of a bonus, but do not address pre-tax deductions that go to one of the parties?\u00a0 A recent case<\/a> addressed this issue.<\/p>\n

The divorce decree incorporated the agreement between the parties, which included a detailed division of the marital estate based on the informal agreement the parties executed at a settlement conference.\u00a0 The agreement stated the husband would receive 47% of the net amount of his 2013 year-end bonus and wife would get a 53% portion of the \u201cnet amount after taxes and deductions.\u201d\u00a0\u00a0\u00a0 The agreement also stated the wedding and engagement ring were the wife\u2019s separate property.<\/p>\n

The husband\u2019s pay stub showed he received $460,000 for his 2013 bonus, but reflected two pre-tax deductions totaling $81,000.\u00a0 The deductions included $75,000 for deferred annual bonus and $6,000 for personal savings account contribution. Taxes totaled $108,711.10 and the pay stub listed $270,228.90 as the \u201cnet pay\u201d for the bonus.\u00a0 The husband paid the wife 53% of the net pay amount.<\/p>\n

Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In Texas divorces, it is common for the parties to agree to a property division and ask the court to approve the agreement and include it in the decree.\u00a0 Once the court does so, it generally may not modify or alter the property division included in the agreement.\u00a0 It may, however, still divide property that […]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,27],"tags":[],"class_list":["post-1063","post","type-post","status-publish","format-standard","hentry","category-divorce","category-property"],"yoast_head":"\nTexas Court Finds Distribution of "Net Payment" in Texas Divorce Did Not Address Pre-Tax Deductions — Texas Divorce Attorney Blog — July 20, 2018<\/title>\n<meta name=\"description\" content=\"In Texas divorces, it is common for the parties to agree to a property division and ask the court to approve the agreement and include it in the decree.\u00a0 — July 20, 2018\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-court-finds-distribution-of-net-payment-in-texas-divorce-did-not-address-pre-tax-deductions\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Texas Court Finds Distribution of "Net Payment" in Texas Divorce Did Not Address Pre-Tax Deductions — Texas Divorce Attorney Blog — July 20, 2018\" \/>\n<meta name=\"twitter:description\" content=\"In Texas divorces, it is common for the parties to agree to a property division and ask the court to approve the agreement and include it in the decree.\u00a0 — July 20, 2018\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Francesca Blackard\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Texas Court Finds Distribution of \"Net Payment\" in Texas Divorce Did Not Address Pre-Tax Deductions — Texas Divorce Attorney Blog — July 20, 2018","description":"In Texas divorces, it is common for the parties to agree to a property division and ask the court to approve the agreement and include it in the decree.\u00a0 — July 20, 2018","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-court-finds-distribution-of-net-payment-in-texas-divorce-did-not-address-pre-tax-deductions\/","twitter_card":"summary_large_image","twitter_title":"Texas Court Finds Distribution of \"Net Payment\" in Texas Divorce Did Not Address Pre-Tax Deductions — Texas Divorce Attorney Blog — July 20, 2018","twitter_description":"In Texas divorces, it is common for the parties to agree to a property division and ask the court to approve the agreement and include it in the decree.\u00a0 — July 20, 2018","twitter_misc":{"Written by":"Francesca Blackard","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-court-finds-distribution-of-net-payment-in-texas-divorce-did-not-address-pre-tax-deductions\/#article","isPartOf":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-court-finds-distribution-of-net-payment-in-texas-divorce-did-not-address-pre-tax-deductions\/"},"author":{"name":"Francesca Blackard","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#\/schema\/person\/99f9f1e83401bfe81629c93e6c6c0cc2"},"headline":"Texas Court Finds Distribution of “Net Payment” in Texas Divorce Did Not Address Pre-Tax Deductions","datePublished":"2018-07-20T21:45:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-court-finds-distribution-of-net-payment-in-texas-divorce-did-not-address-pre-tax-deductions\/"},"wordCount":975,"articleSection":["Divorce","Property"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-court-finds-distribution-of-net-payment-in-texas-divorce-did-not-address-pre-tax-deductions\/","url":"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-court-finds-distribution-of-net-payment-in-texas-divorce-did-not-address-pre-tax-deductions\/","name":"Texas Court Finds Distribution of \"Net Payment\" in Texas Divorce Did Not Address Pre-Tax Deductions — Texas Divorce Attorney Blog — July 20, 2018","isPartOf":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#website"},"datePublished":"2018-07-20T21:45:44+00:00","author":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#\/schema\/person\/99f9f1e83401bfe81629c93e6c6c0cc2"},"description":"In Texas divorces, it is common for the parties to agree to a property division and ask the court to approve the agreement and include it in the decree.\u00a0 — July 20, 2018","breadcrumb":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-court-finds-distribution-of-net-payment-in-texas-divorce-did-not-address-pre-tax-deductions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.mcclure-lawgroup.com\/blog\/texas-court-finds-distribution-of-net-payment-in-texas-divorce-did-not-address-pre-tax-deductions\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-court-finds-distribution-of-net-payment-in-texas-divorce-did-not-address-pre-tax-deductions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.mcclure-lawgroup.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Texas Court Finds Distribution of “Net Payment” in Texas Divorce Did Not Address Pre-Tax Deductions"}]},{"@type":"WebSite","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#website","url":"https:\/\/www.mcclure-lawgroup.com\/blog\/","name":"Texas Divorce Attorney Blog","description":"Published by Texas Collaborative & Family Attorney \u2014 McClure Law Group","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.mcclure-lawgroup.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#\/schema\/person\/99f9f1e83401bfe81629c93e6c6c0cc2","name":"Francesca Blackard","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/e7d6bd0746d1242f148b58f0c2370bd74ae47909972ca07543b91263b77fc637?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/e7d6bd0746d1242f148b58f0c2370bd74ae47909972ca07543b91263b77fc637?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e7d6bd0746d1242f148b58f0c2370bd74ae47909972ca07543b91263b77fc637?s=96&d=mm&r=g","caption":"Francesca Blackard"},"sameAs":["https:\/\/www.mcclure-lawgroup.com\/francesca-blackard.html"],"url":"https:\/\/www.mcclure-lawgroup.com\/blog\/author\/mcclurelaw4\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/posts\/1063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/comments?post=1063"}],"version-history":[{"count":0,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/posts\/1063\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/media?parent=1063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/categories?post=1063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/tags?post=1063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}