Comments on: Informal Settlement Agreements http://houstondivorce.com/blog/2009/02/informal-settlement-agreements/ By Board Certified Family Law Attorney Scott Morgan Wed, 23 Jun 2010 22:45:22 -0700 hourly 1 http://wordpress.org/?v=3.0 By: Scott http://houstondivorce.com/blog/2009/02/informal-settlement-agreements/comment-page-1/#comment-1273 Scott Mon, 02 Mar 2009 14:38:43 +0000 http://houstondivorce.com/blog/?p=98#comment-1273 The tax issue described above may have an impact in other jurisdictions, but it is not applicable in the state of Texas. A settlement under an ISA is given the same tax treatment as any other form of settlement, at least here. The tax issue described above may have an impact in other jurisdictions, but it is not applicable in the state of Texas. A settlement under an ISA is given the same tax treatment as any other form of settlement, at least here.

]]> By: Legal Practices in North Yorkshire http://houstondivorce.com/blog/2009/02/informal-settlement-agreements/comment-page-1/#comment-1272 Legal Practices in North Yorkshire Mon, 02 Mar 2009 05:38:54 +0000 http://houstondivorce.com/blog/?p=98#comment-1272 Hi, One of the reasons not to have an informal property settlement is because of the impact that tax (especially capital gains tax) and stamp duty can have. Exemptions are granted when consent orders are entered into, and may also be available when a binding financial agreement is also entered into. Hi,

One of the reasons not to have an informal property settlement is because of the impact that tax (especially capital gains tax) and stamp duty can have. Exemptions are granted when consent orders are entered into, and may also be available when a binding financial agreement is also entered into.

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