Posted on Oct 04, 2016

In recent news, a lucky couple won the $246.8 million dollar powerball jackpot!

Did you know that if the couple lived in Texas, the winnings are considered community property?  This means that each spouse has an interest in the money and it could be divided by a Court in the event of divorce. Hope the winners are a happy couple. If not, they should be now!

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Lori Ashmore Peters
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Helping Dallas, Park Cities, Highland Park Texas Area Families with Estate Planning, Probate & Litigation