Penick v. Penick
Texas Supreme Court
1Opinion of the Court
OPINION
ROBERTSON, Justice.
This divorce case concerns the proper measure for reimbursement when community funds are used to pay a prenuptial, purchase money debt. The specific issue is whether tax benefits derived by the community estate from a spouse’s separate property may be considered and offset against the sum advanced by the community estate to reduce the principal of the debt on the separate property. In reversing the judgment of the trial court, the court of appeals held that the proper measure for reimbursement in this situation was to return to the community estate the actual amount…
2Cases cited16 opinions
- Smith v. BaldwinTexas Supreme Court · 1980
- Dakan v. DakanTexas Supreme Court · 1935
- Colden v. AlexanderTexas Supreme Court · 1943
- Jensen v. JensenTexas Supreme Court · 1984
- Pruske v. PruskeCourt of Appeals of Texas · 1980
11 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Wagner & Brown, Ltd. v. SheppardTexas Supreme Court · 2008
- In Re C-Span Entertainment, Inc., Texas Court of Appeals, 5th District (Dallas)2005
- Oliver v. OliverTexas Supreme Court · 1994
- Betty Henry v. Lillian Bowens Brooks, Texas Court of Appeals, 12th District (Tyler)2022
- Bud Adams Ranches, Inc. v. Bruce E. Dresner, Individually, and D/B/A Chisholm Oil Investments, Texas Court of Appeals, 3rd District (Austin)1996
9 more not listed; retrieve them via the Exa API.