When you go through a divorce in Texas, property division can be a stressful ordeal. Texans experience a property division process quite different than that of most American divorced couples. Texas is one of only nine states with “community property” division of marital assets. Community… Read On
Complex Property Division
- Dec 11, 2019
- Complex Property Division
Divorce is far from rare. The Texas Department of Health Services reports that there are more than 75,000 divorces in the state each year. Despite being relatively common, going through a marital separation is never easy for the couple that is involved in it. Every… Read On
- Sep 25, 2019
- Complex Property Division
Deciding to end a marriage can give rise to a wide range of emotions, including resentment. Unfortunately, these feelings can lead divorcing spouses to do things that they would not usually be capable of, such as hiding or wasting marital assets. While this type of… Read On
- Apr 30, 2019
- Complex Property Division
When a couple is getting divorced in Austin, they will need to divide their community (shared/marital) property in a manner that is just and equitable, but not necessarily equal. In addition to the obvious property types, like cars, bank accounts, and a shared home, a… Read On
- Apr 30, 2019
- Complex Property Division
Getting a divorce is a serious procedure. Indeed, rather than just leaving your spouse, moving out, and moving on with your life, when you divorce, you and your spouse must come to an agreement about various issues in your divorce, including the division of property,… Read On
- Apr 30, 2019
- Complex Property Division
Getting divorced requires more than just deciding with whom shared children will live or who will get the house. A divorce requires taking a deep look into your finances–both personal and shared–and then making a decision about how property and debts will be divided, as… Read On
- Mar 28, 2019
- Complex Property Division
If you are considering divorce in Texas, you should know that Texas is one of a handful of community property states in the U.S. In a community property state, when a married couple decides to get divorced, the court assumes that all property you acquired… Read On
- Mar 28, 2019
- Complex Property Division
If you are considering divorce and received an inheritance during your marriage, you are likely asking yourself the important question: is inheritance community property in Texas? In other words, will your inheritance be classified as community property and subject to division as part of your… Read On
- Nov 01, 2018
- Complex Property Division
Apart from issues involving children, the most pressing concerns in the vast majority of divorce cases are centered around property division; and, if you are like most couples in Texas, the single biggest asset that you and your spouse own is your house. When exactly… Read On
- Dec 08, 2017
- Complex Property Division
Texas is a community property state. This means that all property and debt that was acquired or earned during a marriage (meaning, from the date of marriage until the date of divorce) is community property, unless one spouse can prove that one or more assets… Read On