Texas statutes recognize most assets purchased during your marriage as shared community property. For example, you and your soon-to-be ex-spouse may divide homes and cars evenly regardless of who paid for them. The law also recognizes household income earned while...
Dividing marital property is often one of the most difficult tasks to tackle while going through the divorce process. Texas is a community property state, meaning all marital property is equally divided in half between spouses. Marital property involves all assets and...
In a community property state such as Texas, divorce courts generally presume all assets obtained during a marriage belong to both spouses. If you or your soon-to-be ex-spouse started a business, its value may divide equally during a divorce. As noted by SmartAsset, a...
