When Texas residents who have retirement accounts divorce, they should expect that they will be required to divide those accounts with their spouses, regardless of who contributed the money. As a community property state, Texas views the account balances accumulated during the marriage to be the property of both spouses, and it will thus need to be divided.
Texas residents may be interested to learn that rapper DMX has been charged for failure to pay child support. The 44-year-old musician, whose real name is Earl Simmons, was taken into custody at his home in New York on Oct. 27. He was held for a contempt of court charge for allegedly failing to make $10,000 per month child support payments.