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PENICK v. PENICK

No. C-7610.

783 S.W.2d 194 (1988)

Robert James PENICK, Petitioner, v. Maria C. PENICK, Respondent.

Supreme Court of Texas.

Rehearing Overruled February 21, 1990.

Attorney(s) appearing for the Case

Edward E. Lindsay, Houston, for petitioner.

Donald W. Rogers, Jr., Houston, for respondent.

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...

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