Texas Statutes (Last Updated: January 4, 2014) |
FAMILY CODE |
Title 1. THE MARRIAGE RELATIONSHIP |
Subtitle C. DISSOLUTION OF MARRIAGE |
Chapter 7. AWARD OF MARITAL PROPERTY |
Sec. 7.008. CONSIDERATION OF TAXES
Latest version.
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In ordering the division of the estate of the parties to a suit for dissolution of a marriage, the court may consider:
(1) whether a specific asset will be subject to taxation; and
(2) if the asset will be subject to taxation, when the tax will be required to be paid.
Added by Acts 2005, 79th Leg., Ch. 168 , Sec. 1, eff. September 1, 2005.