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ECONOMIC CONTRIBUTION FOR DUMMIES
(SPECIFICALLY, FAMILY AND PROBATE LAWYERS)
ECONOMIC CONTRIBUTION - TITLE ONE, SUBCHAPTER E TEXAS FAMILY CODE

(Continued from Decree Language)

 

This is what a jury charge might look like on a simple economic contribution issue for mortgage payments after marriage . The below language is taken from the Texas pattern jury charges.

IN THE MATTER OF
§
IN THE DISTRICT COURT
THE MARRIAGE OF
§
 
 
§
 
WIFE
§
33RD JUDICIAL DISTRICT
AND
§
 
HUSBAND
§
BURNET COUNTY, TEXAS

 

Texas law recognizes three estates: the community property owned by the spouses together; the separate property owned individually by the husband; and the separate property owned individually by the wife.

A spouse much prove by clear and convincing evidence that funds expended were the separate property of that spouse. "Clear and convincing evidence" is that measure or degree of proof that produces a firm belief or conviction that the allegations sought to be established are true.

"Fair market value" means the amount that would be paid in cash by a willing buyer who desires to buy, but is not required to buy, to a willing seller who desires to sell, but is under no necessity of selling.

In answering Questions , do not consider expenditures for ordinary maintenance and repair, expenditures for taxes, interest, or insurance, or the contribution by a spouse of time, toil, talent, or effort during the marriage.

The principal amount of a debt referred to in Questions may be reduced by payment on the principal of the debt and by refinancing, to the extent the refinancing reduces the principal amount in the manner described in the question.

QUESTION

With respect to THE HOUSE, state in dollars the amount of each of the following on DATE OF DIVORCE:

1.    the fair market value Answer:     $


2.    the principal amount of MORTGAGE Answer:     $

If in answer to Question you have found that the fair market value is less than or equal to the principal amount of debt, do not answer the following questions. Otherwise, answer the following questions.

QUESTION

With respect to THE HOUSE, state in dollars the amount of each of the following on DATE OF FIRST CONTRIBUTION:

1.     the fair market value Answer:     $


2.     the principal amount of MORTGAGE     Answer: $


QUESTION

With respect to THE HOUSE, state in dollars the amount, if any, of the reduction of the principal amount of MORTGAGE, to the extent the debt existed at the time of marriage --

1.     by the community estate Answer:     $

Economic Contribution for Dummies Continued (What Is Left Out?)

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Economic Contributions for Dummies

What is Economic Contribution?  |  When Does the Statute Apply?
What You Need To Know  |  Economic Contribution Examples
Suggested Language for Pleadings  |  Decree Language  |  The Jury Charge

What Is Left Out?

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