In Texas, income created during the marriage is considered community property. Community property must be shared with one’s spouse during a divorce. Gambling winnings gained during the marriage are considered community property even if the gambling was funded by one spouse’s separate property. In other words, even if a lottery ticket is purchased with one spouse’s separate money, the winnings must be shared with the other spouse. Additionally, interest payments received during the course of a marriage are also considered community property.
If you are a father living in Texas, and you have possession of your children pursuant to a standard possession order, June brings great news: extra time to spend with your kids!
How does this work? A standard possession order grants visitation on the first, third and fifth weekend of every month. The last weekend in May, May 31-June 2, is considered the 5th weekend of May. Therefore, the first weekend in June is June 7th- June 9th. That means you will have possession of your children two weekends in a row, during the fifth weekend of May and the first weekend of June.