COMMUNITY PROPERTY LAWS IN TEXAS
Know Your Local Laws
Laws vary from state to state regarding property acquired during a marriage. Texas is a community property state, which means any property that an individual acquires during their marriage, including real estate, retirement accounts, vehicles, is presumably considered community property to be divided by the Court in a divorce. Debts incurred during the marriage are also considered the responsibility of both parties when dividing the marital estate of the parties. However, there are some assets that can be considered separate property—such as property that one spouse owned before the marriage; gifts received by a spouse; or inheritance received by a spouse, for example.”
Get Experienced Legal Advice for Your Texas Divorce
An experienced attorney can help you understand the differences between marital and separate property and can advise you as to the best options for your house, property and retirement accounts during and following the divorce. Too often we have seen separating couples spend more time and money fighting over assets than the assets are worth. At Sandoval Law Firm, we strive to keep negotiations peaceful and ensure a fair and equitable division of property. Before filing for divorce, we recommend you consult with an attorney.
Contact Sandoval Family Law Firm
At Sandoval Family Law, we specialize in family law cases such as divorce and child custody. To speak with one of our legal experts, please send us an email or call 512-580-2449. We serve Travis County and Austin, TX.