Posts tagged "marital property"

Texas high-asset divorce process

In Texas, high-asset divorces cases follow the same court process as do other divorces, but they may be more hotly contested. As Texas is a community property state, the marital assets, that is, the assets that have accumulated during the marriage, are to be divided equally between the spouses during the property division.

Protecting gifts and inheritances during a divorce

Texas residents going through a divorce may want to know how to protect assets received in the form of gifts and inheritances during the separation. The answer to that question can become complicated, but it tends to depend on whether the assets are classified as marital or separate property.