The Law Office of
Randall L. Sherrod, P.C.

Phone: 806-576-4257 Fax: 806-373-8162

The Law Office of
Randall L. Sherrod, P.C. 320 South Polk Street, Suite 501 Amarillo, TX Potter & Randall Cos. 79101 (Potter & Randall Cos.)View Map

Family Law

Divorce and Debt Division
During divorce proceedings, couples not only have to divide up their assets but they must also divide their debts. There are various types of debt that must be divided during divorce proceedings. More...
Tax Considerations Relating to Child Support
For federal income tax purposes, payments of child support are not tax-deductible by the parent who makes the payments but child support is tax-free to the recipient. In order to qualify as child support, the amounts an ex-spouse receives must be designated as child support in the divorce or separation agreement. None of a payment that is lumped together as either family support or alimony is considered child support for tax purposes. In addition, family support or alimony is taxable to the recipient. More...
Child Citizenship Act of 2000 - Overview
The Child Citizenship Act of 2000 is a federal law that went into effect on February 27, 2001. The Act provides that certain children who are born outside of the United States automatically acquire U.S. citizenship when they meet the requirements of the Act. More...
The Family Support Act of 1988
The Family Support Act of 1988 amended the guidelines provisions of the Child Support Enforcement Amendments of l984 by requiring that a state's support guidelines operate as a ''rebuttable presumption'' of the correct support amount in any judicial or administrative proceeding for the award of child support. More...
Divorce and Dividing a Business
In many marriages, spouses have run a business together. The family-owned business constitutes a marital asset. It probably constitutes a large, if not one of the largest marital assets. It would not be practical to require the parties to run the business together. Typically, one party would continue to business and the interest of the other party is bought out. The business would be appraised and that amount is given to the party that was bought out. More...

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