Characterization of Separate and Community Property in Texas

Determining and dividing ownership to meet your goals.

Marriage isn’t only an emotional partnership but a financial one, too. When it dissolves in divorce, you will have to divide your assets and debts. But it’s more complicated than merely splitting them in half. At Goranson Bain Ausley, our goal is to help you determine and divide ownership in a way that best serves your family and your future.

Choose Goranson Bain Ausley for A Future-Focused Approach to Separate and Community Property

With our experience in dividing complicated assets and marital estates, you can trust that our Austin, Dallas, Fort Worth, Granbury, Midland, and Plano lawyers will help you work toward creating an effective strategy tailored to your individual circumstances. Our lawyers will take care to understand your current financial needs as well as your future goals and help you to create a road map to secure the assets you will need to meet them.

When dividing complicated assets and marital estates, it comes down to goals, strategy, and experience. You can trust that Goranson Bain Ausley attorneys will strive to devise an effective approach tailored to your individual circumstances. We’ll take care to understand your current financial needs as well as your projections for the future. With knowledge gained from successfully dividing countless estates, our attorneys will help you work toward securing the assets you need for today and tomorrow. Contact us today for a consultation.

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If you have complex assets to divide and are looking for a trusted divorce lawyer, we are here to help. Please get in touch with us by completing the form below.

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How is Marital Property Identified and Characterized?

Your marital property can fall under one of two categories in a Texas divorce: community property or separate property. In a Texas divorce, community property is the property you accumulate during the marriage that belongs to both you and your spouse. The property you owned before marriage or acquired through a gift or inheritance is your separate property. Either during the marriage or when a marriage ends, spouses can use a Texas separate property agreement to switch separate property to community property or community property to separate property. If you have not established a Texas separate property agreement, any marital assets that are commingled will be presumed to be community property.

Under Texas divorce law, community property and separate property matters can become complicated. When you claim something as your separate property, you must be able to prove it. And when separate property becomes commingled with community property, proving separate ownership becomes more difficult. Our attorneys are here to help you understand how to prove ownership of your separate property, even in the most complex of circumstances.

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