154.067 – DEEMED INCOME. (a) When appropriate, in order
Texas Family Code § 154.067
Summary
This law allows courts to assign deemed income from non-income producing assets when calculating child support. It ensures that the financial resources available for support are accurately reflected, even if some assets are not currently generating income.
Courts can assign deemed income from non-income producing assets.
Consideration of liquidation feasibility of property is required.
Effective market conditions influence deemed income calculations.
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In simple terms: Learn about Texas's DEEMED INCOME. (a) When appropriate, in order law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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