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Texas Family Code

§ 7.008 — CONSIDERATION OF TAXES

FA § 7.008Title 1. THE MARRIAGE RELATIONSHIP · Part C. DISSOLUTION OF MARRIAGE · Ch. 7. AWARD OF MARITAL PROPERTY

Statute text

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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.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 168 (H.B. 203), Sec. 1, eff. September 1, 2005.