{"id":3053,"date":"2025-07-29T14:34:13","date_gmt":"2025-07-29T19:34:13","guid":{"rendered":"https:\/\/www.mcclure-lawgroup.com\/blog\/?p=3053"},"modified":"2025-07-29T14:40:01","modified_gmt":"2025-07-29T19:40:01","slug":"constructive-trust-for-future-payments-based-on-stock-ownership-in-texas-divorce","status":"publish","type":"post","link":"https:\/\/www.mcclure-lawgroup.com\/blog\/constructive-trust-for-future-payments-based-on-stock-ownership-in-texas-divorce\/","title":{"rendered":"Wife Awarded Oncologist Husband’s Patent Rights and Stock Distributions Post-Divorce"},"content":{"rendered":"

Certain assets, especially stocks or assets related to a business, may be held in the name of just one spouse, even if they are community property. In a Texas divorce, a court may impose a constructive trust requiring the spouse to transfer property to the other spouse. Tex. Fam Code 9.011 provides that receipt by one spouse of certain installment or lump-sum payments that were awarded to the other spouse in a divorce decree gives rise to a fiduciary obligation and imposes a constructive trust on the property.<\/p>\n

In a recent case<\/a>, a former husband challenged the divorce decree that imposed a constructive trust on future payments to him as stockholder in a corporation, arguing that part of the payments should be considered his separate property.<\/p>\n

The husband was an oncologist who was involved in the development of a drug to treat breast cancer. A corporation owned the patent rights for the drug and the husband acquired stocks equaling 30.33% ownership of the corporation with community funds.<\/p>\n

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

Certain assets, especially stocks or assets related to a business, may be held in the name of just one spouse, even if they are community property. In a Texas divorce, a court may impose a constructive trust requiring the spouse to transfer property to the other spouse. Tex. Fam Code 9.011 provides that receipt by […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[239,4,86],"tags":[],"class_list":["post-3053","post","type-post","status-publish","format-standard","hentry","category-business","category-divorce","category-separate-property"],"yoast_head":"\nWife Awarded Oncologist Husband's Patent Rights and Stock Distributions Post-Divorce — Texas Divorce Attorney Blog — July 29, 2025<\/title>\n<meta name=\"description\" content=\"Certain assets, especially stocks or assets related to a business, may be held in the name of just one spouse, even if they are community property. 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